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Million Dollar Error

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stmpcol's Avatar
United States
223 Posts
 Posted 11/15/2006  12:11 pm Show Profile   Bookmark this topic Add stmpcol to your friends list Get a Link to this Message Number of Subscribers
Just saw on the news where an elderly in Florida lady used an 1918 inverted flying jenny to mail in her absentee balot. At auction they figure it would have gone for a million. Now the Florida board of elections say they own it and want to auction it off. The least they could is give it back. Whata bunch of meanies. Posted this here because I wasn't sure where it should go. Of course mine isn't inverted.

Image: Million-Dollar-Error IMG_0282.jpg
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Bryan1315's Avatar
United States
14454 Posts
 Posted 11/15/2006  12:24 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I remember that stamp from the movie Brewsters Millions where the guy had to spend allot of money in a short time and at the end of the time, have nothing to show for it, and if he did he got a larger sum of money (His uncle said that way he wouldn't want to spend his inheritance foolishly). He bought one of these stamps and sent it to his uncles lawyers (who would have received the money if the nephew failed to spend all the money with nothing to show for it)
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Bryan1315's Avatar
United States
14454 Posts
 Posted 11/15/2006  12:31 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I found a story about it
How much is one vote worth?

In the case of an absentee ballot and an antique stamp, it could be hundreds of thousands of dollars.

That's the value of a 1918 Inverted Jenny, one of the rarest stamps in the world, which Broward County elections officials said was affixed to an envelope containing an absentee ballot.

The stamp, similar to one sold in mint condition for $525,000 last year, was canceled. So was the ballot, which contained no clue to the identity of the voter.

The mystery unfolded at the elections office Tuesday evening, when County Commissioner John Rodstrom, a member of the county's Canvassing Board, noticed an unusual stamp on a large white envelope carrying an absentee ballot.

A former stamp collector, Rodstrom immediately recognized the unmistakable blue and red image of an upside-down biplane: the Inverted Jenny.

"It's very rare, it was in all of the stamp books," he said. "Only so many of these came off the presses."

One hundred, to be exact.

A sheet containing that number of stamps was printed in error with the biplane upside down. It was sold by mistake in 1918 and collectors have been chasing the Inverted Jenny ever since. In October 2005, an unnamed collector paid $2.9 million for a four-stamp block of Jennys.

The 24-cent stamp was named for the plane it depicted, a Curtiss JN-4 World War I trainer that later delivered air mail.

At the elections office, Deputy Kevin Jurgens, another stamp collector, confirmed for Rodstrom that the stamp indeed appeared to be the vaunted rarity.

"I knew that it was one of the most valuable stamps in a collection," Rodstrom said.

"I doubt that," said Mitch Kopkin, proprietor of the Tropical Stamp shop in Fort Lauderdale. "It's highly unlikely" the stamp in question is an actual Inverted Jenny.

"It could be a forged stamp," Kopkin said.

All but five or six of the original 100 Jennys have been traced, Kopkin said. But that doesn't mean a widow or heir couldn't have inherited a true one and unthinkingly stuck it on the envelope, he added.

The ballot was disqualified because it contained no identification.

According to elections office spokeswoman Mary Cooney, absentee voters can mail their ballot in a small envelope that bears their printed name and signature, and acts as the certification that the voter is legitimate.

The voters also have the option, in case of privacy concerns, of mailing the smaller envelope inside a larger, unmarked one for 87 cents postage.

The anonymous voter mailed the ballot inside the larger envelope, without the required small certification envelope, and used the suspected Inverted Jenny as one of the stamps.

"We have no way of knowing who it was from," Cooney said. "There was no return address on the outer envelope."

The stamp is in storage. "After it left the Canvassing Board it was put in a bin and sealed," Cooney said.

It and other paperwork, as required by law, must be archived for almost two years, Cooney said. Then, "We destroy them," she said.
Such a shame but I guess there is no other option. Either that or we'd have the courts deciding who the stamp now belonged to.

I guess the lesson to be learned here is to be careful when using old stamps. Goodbye Jenny, we hardly knew you.
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Bryan1315's Avatar
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14454 Posts
 Posted 11/15/2006  12:44 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
so from everything I am reading, it has got to be kept for 2 years by law then it has got to be destroyed. So unless they plan to petition the courts the stamp will be destroyed in 2 years, But I guess thats good news for the owners of the other 99 stamps, their value will go up in 2008
Edited by Bryan1315
11/15/2006 12:45 pm
Valued Member
stmpcol's Avatar
United States
223 Posts
 Posted 11/15/2006  1:43 pm  Show Profile   Bookmark this reply Add stmpcol to your friends list Get a Link to this Reply
Thanks Bryan, I don't think the news could get it right 99% of the time if it happened in front of their eyes.
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biokemist6's Avatar
United States
12437 Posts
 Posted 11/15/2006  2:57 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
quote:
Originally posted by stmpcol

Just saw on the news where an elderly in Florida lady used an 1918 inverted flying jenny to mail in her absentee balot. At auction they figure it would have gone for a million. Now the Florida board of elections say they own it and want to auction it off. The least they could is give it back. Whata bunch of meanies. Posted this here because I wasn't sure where it should go. Of course mine isn't inverted.




It wasn't "an elderly lady." The stamp was on an absentee ballot with no voter info and no return address, hence no identity as to who sent it so it couldnt be traced. The director of the American Philatelic Society examined photos of it and is almost positive it is a fake(as sure as he can be without examining in person). You could purchase sheets of these fakes(reproductions in Ebay-speak) on ebay well before this happened.

Remember where this ballot was sent to- the Broward County FL Election Office. These are the same idiots who caused the whole hanging chad debacle in 2000. I think someone was trying to make the Broward officials look like idiots and they succeeded.

As Ashton Kutcher would say on his MTV practical joke show- "YOU'VE BEEN PUNK'D!!!"
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longnine009's Avatar
United States
1247 Posts
 Posted 11/16/2006  03:38 am  Show Profile   Bookmark this reply Add longnine009 to your friends list Get a Link to this Reply
I live in the county that it was mailed in. They think it might be a hoax, possibly a reproduction stamp. If it turns out to be real, then it's going to be a long time before we get another Deco-Duh that can beat that one.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 11/16/2006  06:08 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
quote:
Originally posted by longnine009

I live in the county that it was mailed in. They think it might be a hoax, possibly a reproduction stamp. If it turns out to be real, then it's going to be a long time before we get another Deco-Duh that can beat that one.


since its supposed to be destroyed it doesn't really matter if its real or not. I know the chances of someone actually destroying a million dollar stamp is about as slim as someone attaching one to an envelope and sending it in the mail with an absentee ballot, but from all the websites I read they have to keep the things sealed up for 2 years, then after that 2 years is up it is the law that they have to destroy all of them, so if someone kept that stamp (without petitioning the courts to allow it) they would be breaking the law and probably would end up getting prosecuted for doing so
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