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'Jenny' Stamp Sells for $825K
Prized misprint may be most famous collectible stamp
By Colleen Barry
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Posted Dec 28, 07 7:24 AM CST
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(Newser)
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An inverted "Jenny stamp," one of philately's most sought-after collectibles, just sold to a private collector for $825,000, slightly less than a record price. The stamp is a 1918 misprint, which shows a Curtis JN-4 (Jenny) biplane flying upside-down. Only 100 were printed. The buyer is a Wall Street executive who wished to remain anonymous.
The buyer tried to purchase another Jenny stamp at auction last month, but lost to a winning bid of $977,500. There are very few people with the money and drive to go after the stamp, said one expert. "This is the Rolls-Royce," he said. "It's the most expensive airmail stamp in the world."