Wednesday, August 05, 2009

"Inverted Jenny" Expected To Fetch $900K+

"A splendid mint state 'Inverted Jenny' stamp, the finest never hinged example of one of the world’s most famous collectibles, will be the centerpiece of Heritage Auction Galleries’ Signature Rare Stamps auction, Aug. 7, at the American Philatelic Society Annual Convention in Pittsburgh, PA," according to a write-up on the website.

Harvey Bennett, Director of Philately at Heritage Auction Galleries, the firm conducting the auction, is quoted as saying, “This is the first time this stamp has been on the market in 50 years. In all likelihood it won’t come on the market again for at least another 50.”

The article goes on to say, "Inverted Jennys regularly sell for six figures when they appear but the quality of the present example is unmatched."

To find out more, click here.
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posted by Don Schilling at 12:01 AM