Stamp could fetch $10,000,000 dollars

[Mackaydon]

Rare, Storied Stamp Could Make $10 Million At Auction - AOL On

Don....

 

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[jspero]

I know I left that $10M bill around here somewhere... Probably dropped it in the Paper Currencies forum. Thanks for posting the story. Maybe this will inspire me to catch up on my Linn's. I have about a year's worth piled up waiting for me.

 

[coinsareawesome]

Great story, Don, but there aren't that many people collecting stamps anymore. I don't know anyone who would pay that price for it. 10 years ago it might have been 20 million.

 

[DeepseekerADS]

Great story, Don, but there aren't that many people collecting stamps anymore. I don't know anyone who would pay that price for it. 10 years ago it might have been 20 million.

I've been collecting stamps since a child in the 50's. On Craigslist there's an individual posting his collection - 6 months now, still on there yesterday.... Of course, he may be thinking they're worth more than they are - his pics look like very common issues, just old....

But, you are correct - there aren't many people collecting stamps anymore..

 

[Mackaydon]

Back in the day,..........stamp and coin shows shared about 50/50 the display/booth space.
Today, I observe that if stamps are even offered, their space is less than 10% of the available space.
To bad, since that was/still is a great way to learn history, especially US history versus learning US history from coins.
Don....

 

[DeepseekerADS]

Back in the day,..........stamp and coin shows shared about 50/50 the display/booth space.
Today, I observe that if stamps are even offered, their space is less than 10% of the available space.
To bad, since that was/still is a great way to learn history, especially US history versus learning US history from coins.
Don....

Don, I bet my kids will never even look at my collection when I pass. The last time I was active in the hobby was '92, haven't even looked myself = boxes in the attic....

 

[Mackaydon]

Besides my albums, I had bags of unsorted stamps. Neither of my kids (or even their friends!!) wanted these stamps--for free--so I donated them to the local stamp club--whose membership averages 65 years old.

 

[Mackaydon]

Get ready for a newsworthy event today:
BBC News - Rare British Guiana stamp set for New York auction
Don.....

 

[Mackaydon]

Here's a vid on its history:
The Travels of the British Guiana: The World's Most Famous Stamp | Sotheby's

 

[Mackaydon]

[h=1]Rare British Guiana stamp sells for $9.5 million, sets auction record.
Maybe this will rejuvenate stamp collecting, but, regrettable, I doubt it.[/h]Don....

 

[hvacker]

I remember that stamp when I was a kid and collected. Then it was called the rarest stamp in the world then and was valued at 50 thousand USD. Quite a return considering.
If what some say about the loss of popularity of collecting it's too bad. I knew more about geography and countries than most of the other kids because of collecting stamps. Still surprises me when something comes up like on the news about some obscure country and I'll know the country, where it is, and maybe even a stamp or two from there.

 

[Mackaydon]

hvacker,
I'm with you on that. As a kid , I lived on the end of a dirt road. The only thing I knew about the 'outside world' was through studying the images on stamps, that were offered in the hundreds-- for pennies--though the Stamps on Approval' process.
Good memories.
Don...

 

[VERDE]

Hey don!! Neat Story!! Let me give you the rest of it!! Dupont actually collected meteorites also and had quite a collection!! My ole MD'ing partner and I found a 25 pound meteorite years ago and Dupont contacted us about acquiring it!! Make a long story short he flew down to Pensacola and met us in the lounge where we "traded" him the meteorite for Barter Equally!! Seemed like nice enough guy, still can't believe he killed that guy!! Now when they auction that meteorite for 9.5 I am really going to be PO'ed!! GOOD LUCK and GOOD HUNTING!! VERDE!!

 

[huggis]

Mackaydon you are all over treasure.net so I figure I will ask you about stamps. I've inherited a small collection from my dad who collected in the 50s. What should I do if the stamps are stuck on the books? Do they lose value? Maybe they are hinged but got stuck? Any help would be appreciated. I know you have the answer lol.

 

[ARC]

I thought stamps were "dead"...
Sheesh I have an old album somewhere around here.

Heh... the part about ole Dupont. sheesh and I can remember that whole ordeal on the news.

 

[Mackaydon]

huggis

If the stamps are stuck to the book by their own gum, you can try steaming them off; but value will be lost in the process.
What would you do with the stamps they become unattached to the album?
You may wish to post a pic of a page of your stamps. No doubt collectors with chime in and give you advice of their value IF they were NOT attached to the album. Where to start would be the page containing the earliest US stamps. Keep in mind that most stamps issued after 1940 (and still unused) have little value premium value over face; and if those stamps have been cancelled, they are about worthless to a collector. But for historic and educational value, they are hard to beat.
Don.....

 

[BigWaveDave]

You could also boil the stamps off the paper, dry off with gentle paper toweling, then spread the stamps on wax paper, flatten between pages of a big old book....

At least I think that is the order my Dad and I did it when I was a kid...

 

[patiodadio]

I have my stamp collection from when I was a kid. Whenever I look at (every few years) I always think, no wonder kids don't collect stamps anymore. The ones they make now days are just not as neat as the old ones.

 

[Honest Samuel]

Choce between purchasing this stamp, or purchasing a mansion, if I had the money, I be living in a mansion.