Misprinted Stamps Sell for $2,970,000
Published October 20th, 2005
Siegel Auction Galleries, one of the
nation’s oldest and most well-regarded specialty auction galleries in the
country, sold a unique plate block of the 24-cent 1918 “Inverted Jenny” stamp
for $2,970,000 at an auction held in New York City.
The buyer was Charles Shreve of Shreves Philatelic Galleries, who bid on
behalf of a private collector residing in the United States.
“The Inverted Jenny is one of the best-known stamps in the world, and the
record sale of the plate block for $2,970,000 is a measure of its unique
charm.” said Scott R. Trepel, president of Siegel Auction Galleries.
For more information, please visit: http://www.siegelauctions.com
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