Thursday, June 11, 2020

Inverted Jenny going for auction this July


According to the news published in mlive.com, Ronald D. Bassey, Michigan tax attorney and the proud owner of rare “Inverted Jenny” error stamp which he bought in 1977 for $36,000 is going for an auction to be conducted by Siegel Auction Galleries, a New York City-based firm, on July 1. The stamp is worth more than $200,000.

The Inverted Jenny is a 24 cent United States postage stamp first issued on May 10, 1918, in which the image of the Curtiss JN-4 airplane in the center of the design is printed upside-down; it is probably the most famous error in American philately. Only one pane of 100 of the invert stamps was ever found, making this error one of the most prized in all philately.

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