2013 $2 Jenny stamp estimated at $20,000 at Kelleher Auctions

paulfrasercollectibles

2015-06-26 13:43:37

.

2013 $2 Jenny stamp estimated at $20,000 at Kelleher Auctions

After just one year, the 2013 $2 Jenny stamp is valued at 10,000 times its original value

In 2013, the US Postal Service issued a corrected version of the famous Inverted Jenny stamp. Today, it is worth over 10,000 times the original $2 cost, according to an auction estimate.

Corrected Jenny stamp auctionJust 100 sheets were issued, and collectors didn't know what they were getting until they opened the envelope

Daniel F Kelleher Auctions has valued the 2013 stamp at $15,000-20,000 in its May 21-23 sale in Connecticut.

Just 100 sheets of the "corrected Jenny" were ever printed, a small part of the USPS' re-issue of the famed Inverted Jenny. However, collectors weren't told which sheets had been corrected, with those fortunate enough to find them now sitting on a small fortune.

The lot description explains: "All sheets of the stamp are individually wrapped in a sealed envelope to recreate the excitement of finding an Inverted Jenny when opening the envelope and to avoid the possibility of discovering a corrected Jenny prior to purchase.

"Individuals purchasing 'corrected Jenny sheets' will find a congratulatory note inside the wrapping asking them to call a phone number to receive a certificate of acknowledgement signed by Postmaster General Patrick Donahoe."

This single example originates from position 1 of the only pane of six to be graded 95 by PSE. While in strong demand now, it remains to be seen if the stamp will hold its value in years to come.

Paul Fraser Collectibles is offering some of the finest stamps from Great Britain and the Commonwealth for sale.

Morestamps news

Your collecting

View our stock items for sale | Portfolios for sale

Share on social media
Write a response...





The bookmarklet lets you save things you find to your collections.

Note: Make sure your bookmarks are visible.

COLLECT IT!

Click and drag the Collect It button to your browser's Bookmark Bar.