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.

Golden Dragon (China SG55) from 1897

Off recently i had been hearing that there has been increase in people about collecting Chinese rarities. Stanley Gibbon has reported that "Golden Dragon" (China SG55) from 1897 is estimated to had been only printed in 300 numbers. In 2006, this SG55 from China was cataloged at £18,000. Now it's valued at £100,000, 

Paul Fraser Collectibles has reported that this piece of 10 cent on 12 candarin deep orange stamp from an 1897 issue was highly desirable example of popular Dowager stamp and therefore estimated at HK$500,000-600,000. at January 2012 sale at Hong Kong.

It is believed that only 14 unused and 51 used variety had bee known so far.

Stamp of Azerbaijan Soviet Socialist Republic (1922)

Stamp of Azerbaijan Soviet Socialist Republic (1922)

Two Moussavat issue stamps of Azerbaijan Democratic Republic (1919)

Azerbaijan Democratic Republic was born from Russia after the end of Russian Revolution in 1917. In 1919 a set of 10 stamps now popularly called ‘Moussavat issue’ was issued in thin paper. Azerbaijan Democratic Republic proclaimed independent on 28th May in 1918 and was overthrown on 28th April, 1920 by armies of 11 Red Army Bolshevik of Russia which occupied the young Republic. 

Azerbaijan was proclaimed the Soviet Socialist Republic and in 1920 was included in consisting of Caucasian Federation of USSR. After the collapse of Azerbaijan's fledgling Republic in 1920 the printing presses felt silent. The new government reissued of same stamp sets of 1919 but in thick paper.

In my collection, I have two stamps of Azerbaijan Democratic Republic and both are in thin papers.

Moussavat issue stamps of Azerbaijan Democratic Republic (1919)

Moussavat issue stamps of Azerbaijan Democratic Republic (1919)