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 Replies: 28 / Views: 5,623 |
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Valued Member
United States
277 Posts |
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Moderator
 United States
187671 Posts |
Oh my!   |
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Valued Member
United States
149 Posts |
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Pillar of the Community
United States
9792 Posts |
Those are the three holy grails of previous auction records. Love the inverted Jenny block. I will always remember the Scotts number for it "C3a the 24 cents blue on carmine red Airmail Post mail stamp". The British Guiana One Cent Magenta I remember selling for somewhere around $700K in the 80's, that's if I remember right?
I do remember the buyer "Stuart Weitzman" had asked to remain anonymous at the time of the first auction, I did know two of the guys bidding on the coin, both of them dropped out after $5 million, wonder if either will try again?
The inverted Jenny block is the one lot of the three which I like the best, and I don't even really collect stamps anymore, though I do have some neat BOB and revenue stuff. I sold off all my US stamps decades ago. Wish I kept a few like the Scott #'s 1 & 2 the Pan Pac and Columbian Expo sets plus some of the original sheets I had were neat (not really valuable) but still neat to have stacks of 3 cent and 5 cent sheets of 100 stamps from the 30' and 40's that I paid just under face value for.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440Edited by westcoin
03/10/2021 4:17 pm
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Valued Member
206 Posts |
That's some serious dough right there
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Pillar of the Community
United States
5825 Posts |
Hmmmm, something doesn't seem quite right.
1. Shouldn't the stamp referred to as the "Guyana One-Cent Magenta" be actually called the "British Guiana One-Cent Magenta"?
2. I know there is one center line block of the inverted airmail (there can only be one).
I wasn't aware of the plate number block of 4 (there also can only be one).
And I would have thought there would (or should) be a second plate number for the red color.
3. As for the 1933 Double Eagle there is currently only one legal to be privately owned.
But there is something on the order of 15 more known to exist.
Ft Knox has 12 or so; the Smithsonian I believe has 2.
That may tend to keep the price down since it would be a fairly easy Government process to have one or more of these others to be monetized and released to the public.
I think I'm waiting for the other "shoe to drop".
Edited by kanga
03/10/2021 4:02 pm
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Pillar of the Community
Canada
5238 Posts |
So, @kanga, you will buy your 1933 double eagle when the prices drops? How low would it need to go?
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Pillar of the Community
 United States
5661 Posts |
Wow, incredible to have those three iconic items in a single auction. Great to read the history behind each one.
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Pillar of the Community
United States
5820 Posts |
1. Simple wrong information provided by greysheet.com about the British Guiana. Sothebys has it right.
2. There is only 1 plate number block on that single sheet of inverted Jenny, but I'd think in a un-cut sheet, there should be 4 plate block number of 200 stamps. This is the only one that escape from QC.
3. Who knows how many is still out there in private hands?
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Bedrock of the Community
United States
12477 Posts |
Quite an auction there!
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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Valued Member
United States
424 Posts |
 I'm going to go out and buy a powerball ticket right now. Who knows, maybe I can buy all three for 2 dollars and have change left over. |
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Pillar of the Community
United States
4233 Posts |
Brewster's Millions immediately popped into my head, where he has to spend $30 million and have nothing to show for it, in order to inherit $300 million. He mails a letter with an Inverted Jenny.
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Valued Member
 United States
277 Posts |
Someone call me crazy, but did Stuart Weitzman put his shoe brand logo on the back of the magenta Guiana stamp?  |
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Pillar of the Community
United States
4233 Posts |
Yes he did. NY Times article says "Like the One-Cent Magenta's past owners, Weitzman left his mark, a stiletto heel, on the back of the tiny stamp. Among stamp collectors, it is not unusual for the owners of great rarities to put their initials or a symbol on backs of the stamps. Purists cringe, but many philatelists say that doing so — carefully, and tinily — does not damage a stamp or detract from its value."
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Pillar of the Community
United States
9792 Posts |
I had to go look it up as it's been a long time since I visited this site, but it's pretty neat. https://invertedjenny.com/There is a corner plate block with the red plate number showing. There are only 100 stamps on the sheet not 200 so only the one plate number. See the link on the sales data to see the whole sheet at once by position. There is the unique siderographer's block in red. Col. Green bought the entire sheet (because of course he did, like all 5 of the 1913 Liberty nickels), He gave his wife Mabel one in a locket (position #9), there is a photo of it on the discovery page. A really neat website to explore and learn about the inverted Jenny stamps. I had no idea that Stuart Weitzman had earlier purchased the unique one-cent Magenta British Guiana stamp for $9,480,000 at an auction at Sotheby's, which is a world-record price for a stamp. I knew it has expensive but holy cow! The price on the Jenny block was never told but it last sold in 2005 for $2,970,000 All three of these could be close to $30,000,000.00 and still not even half the price of the top priced 1963 Ferrari 250GTO, ($70 million+) but on par with the 7th or 8th highest priced Ferrari. https://www.ferrarilakeforest.com/m...ve-ferraris/The rich keep getting richer. Adding some other cool 1933 Links and threads here on CCF: http://goccf.com/t/226799http://goccf.com/t/227178http://goccf.com/t/93647http://goccf.com/t/18603http://goccf.com/t/382514"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440Edited by westcoin
03/10/2021 10:02 pm
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Pillar of the Community
United States
5177 Posts |
I bid... melt + 5% for the Gold Eagle coin.  |
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Replies: 28 / Views: 5,623 |
Posted 03/10/2021 3:34 pm
