Inverted Jenny sells for a record price 2 million USD
On Wednesday, 8 November, Robert A. Siegel Auction Galleries sold the “24¢ Carmine Rose & Blue, Center Inverted (C3a), position 49, the ninth stamp in the fifth row of the sheet of 100, purchased by William T. Robey on May 14, 1918, original gum in pristine Mint Never Hinged state, extraordinarily rich colors on bright fresh paper, precisely centered”. It was lot No. 2154 in sale No. 1299.
The finest Inverted Jenny in existence, which has no Mint Never Hinged equal, according to the sellers’ description, was sold for $1,700,000 or $2,006,000 with buyer’s premium included. Linn’s reported that the final price is the highest ever paid for a single U.S. stamp.
Read more: https://auction.siegelauctions.com/sale/1299?PageNo=1
[photo credit: Robert A. Siegel Auction Galleries]