30 Jun '11, 5am

Stamp sells for record £1m‎

Stamp sells for record £1m‎

The world’s most famous stamp , the elusive “Post Office Mauritius”, was sold yesterday for a record breaking £1,053,090 ($1,600,000) at Spink in London . This is a record price for a stamp sold in the United Kingdom! Nearly half a dozen bidders in the room participated as the price of the lot shot skyward. The stamp was one of the highlights of the Chartwell collection formed by businessman and philanthropist Sir Cyril Humphrey Cripps. Over the next 18 months, Spink will sell The Chartwell Collection, which is the most valuable collection of stamps to come up for auction in modern times. The collection consists of some of the finest material for Great Britain and the British Empire ever seen before and it is all material that is fresh to the marketplace. Currently held in just over 80 stamp albums, The Chartwell Collection is estimated to fetch well in excess of £20,000,0...

Full article: http://www.luxuo.com/auctions/post-office-mauritius-rare-...

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