Thursday, 19 June 2014

Stamp sells for world-record $9.5 million: Sotheby's

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Stamp sells for world-record $9.5 million: Sotheby's

 

An incredibly rare 19th century postage stamp, a tiny one cent magenta from British colonial Guyana, sold for $9.5 million in New York on Tuesday, setting a new world record.

 

Bidding began at $4.5 million and it took just two minutes to sell the stamp to an anonymous bidder on the phone, David Redden, Sotheby's director of special projects, said.

 

Copyright © 2014 AFP. All rights reserved.

 

(Agence France-Presse, 18 Wednesday June 2014 The Roman)

 

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