COLLECTIBLES MARKET ARTICLE

[krazykat-migration]

4 Upside-Down Plane Stamps Sold for $2.7M Thu Oct 20,10:02 AM ET

 

 

 

NEW YORK - A block of four rare stamps — misprinted in 1918 with an upside-down airplane — sold Wednesday for $2.7 million, the highest price ever paid for U.S. stamps, an auctioneer said.

 

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The stamps depict a Curtiss JN-4 "Jenny," a World War I trainer that became an airmail plane. About 700 of the stamps were misprinted but inspectors caught all but 100 of the mistakes before they were sold.

 

The block sold Wednesday to an anonymous buyer is the only one in existence that features the printing plate's number upside down and in the stamps' margin, said Scott Trepel, president of Siegel Auction Galleries.

 

In 1918, the entire pane of 100 was bought by stamp collector William Robey at a Washington post office. It was later sold and separated into individual stamps and blocks.

 

In June, a single "Jenny" stamp sold at auction for $525,000, then the highest-ever price for a 20th century U.S. stamp.

 

 

http://scoop.diamondgalleries.com/scoop_article.asp?ai=10108&si=123

[Mister Trent]

I used to own a SHOCK SUSPENSTORIES # 8 that had two covers attached . . . d'ya reckon that could be worth much?

[Solar]

I have no interest in stamps but I've always wanted an Inverted Jenny. It's like the Action 1 or T206 Honus Wagner -- an amazing piece that, for whatever reason, will always be at the top of it's collectible genre.

[Sharkey]

WOW, just think of what the original art for that stamp would sell for!!!!!

 

 

 

 

 

4 Upside-Down Plane Stamps Sold for $2.7M Thu Oct 20,10:02 AM ET

 

 

 

NEW YORK - A block of four rare stamps — misprinted in 1918 with an upside-down airplane — sold Wednesday for $2.7 million, the highest price ever paid for U.S. stamps, an auctioneer said.

 

ADVERTISEMENT

 

 

 

The stamps depict a Curtiss JN-4 "Jenny," a World War I trainer that became an airmail plane. About 700 of the stamps were misprinted but inspectors caught all but 100 of the mistakes before they were sold.

 

The block sold Wednesday to an anonymous buyer is the only one in existence that features the printing plate's number upside down and in the stamps' margin, said Scott Trepel, president of Siegel Auction Galleries.

 

In 1918, the entire pane of 100 was bought by stamp collector William Robey at a Washington post office. It was later sold and separated into individual stamps and blocks.

 

In June, a single "Jenny" stamp sold at auction for $525,000, then the highest-ever price for a 20th century U.S. stamp.

[krazykat-migration]

NOW YOU ARE THINKING RHINO !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

WOW, just think of what the original art for that stamp would sell for!!!!!

 

 

 

 

 

4 Upside-Down Plane Stamps Sold for $2.7M Thu Oct 20,10:02 AM ET

 

 

 

NEW YORK - A block of four rare stamps — misprinted in 1918 with an upside-down airplane — sold Wednesday for $2.7 million, the highest price ever paid for U.S. stamps, an auctioneer said.

 

ADVERTISEMENT

 

 

 

The stamps depict a Curtiss JN-4 "Jenny," a World War I trainer that became an airmail plane. About 700 of the stamps were misprinted but inspectors caught all but 100 of the mistakes before they were sold.

 

The block sold Wednesday to an anonymous buyer is the only one in existence that features the printing plate's number upside down and in the stamps' margin, said Scott Trepel, president of Siegel Auction Galleries.

 

In 1918, the entire pane of 100 was bought by stamp collector William Robey at a Washington post office. It was later sold and separated into individual stamps and blocks.

 

In June, a single "Jenny" stamp sold at auction for $525,000, then the highest-ever price for a 20th century U.S. stamp.

[Thomas]

WOW, just think of what the original art for that stamp would sell for!!!!!

 

Probably a lot more if it were turned upside down!

[krazykat-migration]

WOW, just think of what the original art for that stamp would sell for!!!!!

 

Probably a lot more if it were turned upside down!

 

Deep Daddy-ooo,...deep . . . .