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One Cent Stamp Makes Two Letter .coms look cheap

Posted on June 18, 2014
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Think old premium .com domains are expensive ? Well how about a one cent stamp ?

Fox News is out with a story about a one cent stamp from 1856 that just sold for $9.5 million.

From the article:

NEW YORK –  A 1-cent postage stamp from a 19th century British colony in South America has become the world’s most valuable stamp — again.

The 1856 British Guiana One-Cent Magenta sold Tuesday at auction in New York for $9.5 million, Sotheby’s said. It was the fourth time the stamp has broken the auction record for a single stamp in its long history.

The stamp was expected to bring between $10 million and $20 million. Sotheby’s said the buyer wished to remain anonymous. The price included the buyer’s premium.

David Redden, Sotheby’s vice chairman, called the sale “a truly great moment for the world of stamp collecting.”

“That price will be hard to beat, and likely won’t be exceeded unless the British Guiana comes up for sale again in the future,” Redden said.

Read the whole story here

Rumor is another bidder walked up to the auctioneer and said you are a real scumbag, I know that only cost one cent, how dare you want me to pay $9.5 million !

3 thoughts on “One Cent Stamp Makes Two Letter .coms look cheap”

  1. Joseph Peterson says:
    June 18, 2014 at 6:12 am

    “Rumor is another bidder walked up to the auctioneer and said you are a real scumbag, I know that only cost one cent, how dare you want me to pay $9.5 million !”

    You rock, Raymond.

    1. Raymond Hackney says:
      June 18, 2014 at 6:49 am

      Thanks Joseph

  2. Peter says:
    June 18, 2014 at 7:37 am

    “That price will be hard to beat…” with stamp sale, but NOT hard to beat with two-letter .com sale.

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