1910 2d Tyrian Plum makes $51,250 at London stamp auction



2015-06-26 13:01:10

1910 2d Tyrian Plum makes $51,250 at London stamp auction

The 1910 2d Tyrian Plum's value was hampered by hinging and a loss of gum

One of the rarest stamps in British philately, the 1910 2d Tyrian Plum, has sold for 32,000 ($51,340) at an auction in London.

Just 12 examples exist today from an original printing of 24m.

Tyrian Plum stamp Signs of hinging and a loss of gum limited the stamp's value

It follows the decision to pulp the majority of the stamps prior to release, following the death in May 1910 of the king whose head they depict, Edward VII.

The result fell a long way short of the 110,000 ($178,800) catalogue price, a reflection of a number of small detractions.

These included the loss of a small amount of its original gum and traces of a hinge. Two surface rubs further counted against the stamp.

The result follows the 48,300 ($77,826) sale of another of the 12 at an auction on October 3.

We are pleased to be able to offer you our superb quality 1910 2d Tyrian Plum today. It comes complete with a 1961 British Philatelic Association Certificate of Authenticity stating that the stamp is genuine.

Values for the very best examples of the stamp have grown markedly during the past 10 years.

In2002 an unused example was valued at20,000 ($32,325), according to the GB Concise 250 Index. Today's110,000 ($178,800) valuation corresponds to a 10% pa rise in 10 years.In 2011 a leading unused specimen sold for 102,000 ($164,850) at auction in London.

Yesterday's sale also featured a Great Britain George V Issues 1935 Silver Jubilee 2d, which sold for 6,000 ($9,625).


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