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A philatelic auction, or stamp auction, is a sale of stamps, covers and other philatelic material usually run by stamp dealers or specialist collectibles auctioneers, such as David Feldman, Christie's and Sotheby's, where prospective purchasers place bids in an attempt to obtain the desired items.
There are a number of places where a prospective investor can buy stamps: The internet, Auctions, Stamp dealers, A few specialised stamp investment firms, From a collector in a private sale. Stamps purchased for investment are usually old classic stamps in fine condition, such as British Victorian stamps or American stamps from before 1900.
This is a list of the highest known prices paid for philatelic items, including stamps and covers. The current record price for a single stamp is US$9,480,000 paid for the British Guiana 1c magenta. [1] [2] This list is ordered by consumer price index inflation-adjusted value (in bold) in millions of United States dollars in 2023.
The stamp is famous for its fascinating details, and could fetch up to $5 million. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...
On Friday and Saturday, the Robert A. Siegel auction house will put the stamps up for sale individually with estimates for the total haul at $15 million-$20 million, which would set a record for U ...
Typically stamps will sell at auction for a range of 10–30% of catalogue list price, but if the stamp is of the very top quality then the sell price may exceed the catalogue list price. As with many collectables with no inherent value, sell pricing is set by the market bidding on the item at the time.