Wednesday, October 03, 2007

Topsy-turvy stamps

New Zealand's Dominion Post reports on-line that a local woman bought a $44 sheet of stamps stands to make $40,000.

Three years ago, the woman bouught a sheet of $2 stamps, part of an Olympic Games edition, that featured a hologram of triple gold medallist Peter Snell running.

But when she got home she noticed that Snell was upside down. She planned to take them back to the post office, but after a week she put the stamps in the drawer of a table and promptly forgot about them.

The stamps re-emerged when the woman tried to sell them on a on-line auction site. A prospective buyer saw the stamps and told her that they were probably worth a lot of money.

Stamp dealer, John Mowbray (shown above) expects the sheet to sell for between $30,000 and $40,000 at the auction, which begins in Wellington on Friday.

To read the entire article, click here.
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posted by Don Schilling at 7:50 PM