$479,300 for 'one of the finest Penny Black plate number stamp pieces'



2015-06-26 12:27:27

$479,300 for 'one of the finest Penny Black plate number stamp pieces'

This gorgeous mint plate block of four sold for a bargain price at today's Spink Chartwell auction

Blocks of Penny Blacks (the world's first adhesive postage stamp from 1840) are rare. But plate blocks are even rarer...

And a plate block of four Penny Blacks in mint condition is about as good as it gets for many stamp collectors and alternative investors.

Which explains why a plate block of four Penny Blacksfrom plate seven sold for300,000 ($479,349)in part two of Spink's Chartwell Collection auction in London, today (June 29).

 A rare Penny Black plate block

Spink states that the lot's "outstanding freshness and quality" ensures "this is without doubt one of the finest plate number pieces extant."

Arriving at auction with an estimate between 300,000 and 350,000, this breathtaking specimen is the only known plate number example from plate seven.

It comes from the lower left of the sheet, enabling the plate number and marginal inscription to be in evidence. The inscription reads: "PRICE 1d. Per Label, 1/- Per Row".

It also features the full original gum, and two light diagonal gum creases.

The stamp didn't quite hit itslow estimate - although it did have tojostle for space alongside the 'finest and most attractive Penny Black cover in existence,' which sold for nearly $0.56m.

There are more results to come from Spink today, so make sure you check back here shortly.

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