During the “Cultural Revolution,” Chinese leaders ordered a big stamp heralding “The Whole Country Is Red.” It had to go through committee and Mao for approval. Nobody could agree on a final design. Only eight samples were printed and one of those sold in Beijing for $1.146m, a record in Chinese philately.The 1968 stamp, measuring roughly 2.5 by 1.5 inches, has soared in value, as have all the top Chinese stamps reflecting an emerging wealthy collecting class. Officially titled, “The Whole Country Is Red,” the stamp was sold at a China Guardian Auctions after a spirited 20 rounds of bidding.
Rejected Chinese Red Stamp Posts $1.46m
May 29, 2012
Stolen Pony Express Letter For Sale
February 26, 2013If you didn’t know better you’d think the Pony Express was a Hollywood creation, skinny, tough boys riding from Missouri over the Sierra Nevadas to California in 10-days. A stamp for a one-ounce letter cost about $50 in today’s dollars. One stolen in an Indian attack and later recovered is coming to market next month at R.A. Siegel Auction Galleries in New York.
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Inverted Jenny May Glide To $450,000
November 1, 2012Even those with little interest in stamps often have heard of the 1918 24-Cent Inverted Jenny, which typically achieves a staggering price. The latest one to appear at auction comes from the illustrious Merlin Collection of U.S. stamps, which Robert A. Siegel will offer in New York on November 28-29. Only one sheet of 100 stamps was produced. This stamp occupied position 48 on the sheet, and is expected to sell for $450,000.
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English Postage Stamped By Nazis
August 27, 2012Americans often forget the Nazis occupied the English Channel Islands near Normandy from 1940 to 1945, building massive fortifications and four concentration camps. Eighteen King George VI Jersey Island stamps overprinted with a Swastika will be sold by Spink and Son in London next month. High estimate is $40,000.
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Rising Value of Unrestored Cars
By Malcolm Welford, Vintage Car Specialist
