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Known as the world’s most valuable and rare stamp, this unique piece was produced during a stamp shortage in British Guiana. Only one copy is known to exist, discovered by a 12-year-old Scottish ...
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.
In 1934 he moved his philatelic auction business to New York City and eventually conducted 756 philatelic auctions during his lifetime. In 1964 he conducted his first Rarity Sale. Siegel's subsequent auctions included world-famous classic postage stamps.
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.
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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.