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The star of the collection is a "Z Grill" stamp from 1868 that has a face value of one cent and is expected to fetch $4 million-$5 million, which also would also mark a new record for a U.S. stamp.
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.
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.
In 1964 he conducted his first Rarity Sale. Siegel's subsequent auctions included world-famous classic postage stamps. In 1970 and 1980, he sold the unique British Guiana 1c magenta , for record prices.
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When properly used, mounts allow the stamp to be removed from the album in the same condition in which it was inserted. An album in which the mounts are affixed at the factory, either as mounts for individual stamps or as larger strips, is called "hingeless". First Edition Lallier Postage Stamp Album 1862. World's first postage stamp album.