A rare 19th century stamp from British Guiana is expected to be sold for up to US$20 million when it is auctioned in New York in June.
A BBC News report quoted Sotheby’s as saying that the stamp, an 1856 one-cent Magenta, is regarded as the world’s most famous rare stamp by collectors and it might sell for up to £12 million (€15 million/US$20 million),
The report also said that the unique stamp has set a world record each of the three times it has been sold at an auction.
The stamp has not been on view publicly since 1986, when it was exhibited at the Ameripex 1986 International Stamp Show in Chicago, Sotheby’s said.
The stamp is reported as being the sole surviving example of its kind
