U.S. Post Office Stamp Auctioned

Published November 2nd, 2008


A stamp issued by the U.S. post office in 1868 sold for $1,035,000 in a Siegel auction held in New York City. The price included the 15% buyer’s premium.

The million-dollar price was paid for a 3-cent “B Grill” stamp, which was printed in 1868 with an embossed pattern in the paper. Collectors prize such “grilled” stamps, and only four copies of the “B Grill” are known.

The stamp was sold during a three-day auction of more than 1,100 stamps owned by Perry B. Hansen, a mid-western banker

Auction info www.siegelauctions.com

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