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Pillar Of The Community
France, Metropolitan
3744 Posts |
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Bedrock Of The Community
Australia
38679 Posts |
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FYI Life magazine cover 1954. I am assuming the stamps on the cover, are not all rarities.  |
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| Edited by rod222 - 07/24/2017 08:08 am |
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Pillar Of The Community
France, Metropolitan
3744 Posts |
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Pillar Of The Community
Canada
1449 Posts |
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Pillar Of The Community
United States
5894 Posts |
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It is nonsensical. The most expensive stamp is the British Guiana 1c magenta. There is no one penny black stamp worth $5 million. |
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| Edited by smauggie - 07/24/2017 11:00 am |
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Pillar Of The Community
United States
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From the article on the Penny Black
"The Penny Black was scheduled to be issued on May 6. However, in some cities, a number of the copies were issued on May 2. Only two pieces of the early issue can be found now and these are regarded as real treasures. A few years ago, a rich businessman bought a copy from a US auction house at the price of US$5 million." |
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Pillar Of The Community
United States
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The $5 million anecdote appears only in various tabloid articles and appears to be an error that has propagated across the media and into this Chinese story without verification by writers seeking sensational headlines. Even the VR Officials and mint multiples do not reach the million dollar level. It could be based upon misinterpretation of a story about a 2015 rare coin auction in which a wealthy buyer spent just under $5 million for a rare penny (coin) and a quarter, e.g., http://www.latimes.com/local/lanow/...1-story.html |
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Bedrock Of The Community
United States
10605 Posts |
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This story leaves out other valuable items such as the Brazilian Bullseye se tenant pair. The British Guiana is listed, but the story was written long before this last sale, so it is only listed for $850,000. As for the penny black, they might be talking about a cover used on May 1, 1840 although even that seems unlikely. |
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Pillar Of The Community
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Pillar Of The Community
United States
1565 Posts |
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I think the census of rare US and worldwide stamps on the Robert A. Siegel Auction Galleries web site makes more sense than this survey. |
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Pillar Of The Community
United States
1614 Posts |
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Thanks rod222 for showing that Life Magazine cover. Never seen that before so I hopped on ebay and just bought a copy :) |
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Bedrock Of The Community
Australia
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Valued Member
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I think Xu Lin is not philatelist, if he is, then he is only rookie.
I can agree only with Perot, Canada 12p, BG 1c, Mauritius Post Office of course, maybe Treskilling Yellow.
Of Chinese philately there are another treasures. |
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Pillar Of The Community
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