Home » Business » Rare stamps, € 37 million for this one-off: how it is made

Rare stamps, € 37 million for this one-off: how it is made

This is one of the most iconic and sought after rare stamps in history. Its value? There is talk of 37 million euros

Rare stamps, this one can be worth millions of euros (Pixabay)

A record figure, for one of the rare stamps most iconic and sought after ever. Sometimes the world of collecting leaves even the most expert jaw-dropping, due to the increasingly crazy figures that can be seen when there are examples at auction. iconic and hard to find. Whether they are coins, shoes, stamps, vinyls and so on and so forth, there are no longer any borders.

Speaking precisely of philately, the most passionate will know that a simple printing error, a limited edition or the link with a particular historical event make the value of a stamp skyrocket. This is the case of the “One Penny Magenta“, Whose estimated value is 37 million euros.

YOU MAY ALSO BE INTERESTED >>> Rare coins, this 2 euro coin is worth a fortune: you could have it!

Rare stamps, the “One Penny Magenta” is worth € 37 million

rare stamps
Here’s What You Need to Know About Magenta from a Penny (Pixabay)

37 million euros is the value of “One Penny Magenta”Hypothesized by Sotheby’s, an auction house that will shortly be selling one of the rarest stamps in history. Rediscovered in 1873 and purchased in 2014 from one of the leaders of American fashion, this specimen is worth so much for one particular feature: Weitzman made it unique by designing one stiletto heel shoe.

MAYBE YOU ALSO INTEREST >>> Rare stamps, skyrocketing price for this piece: check now!

Obviously we are not talking about one of the classic stamps that you could find yourself at home in the midst of your memories. It is a unique object, with an absurd value and that will end up in the hands of a millionaire. The proceeds, says the auction house Sotheby’s, it will end at Weitzman Family Foundation (which deals with charitable initiatives).

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.