$70k Bright Red-Brown stamp available in New York

paulfrasercollectibles

2015-06-26 11:52:39

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$70k Bright Red-Brown stamp available in New York

An extremely rare variant of the famous 1856 five cent stamp is to go under the hammer

Robert A Siegel are presenting an important sale of collectible stamps next week: the 'Hampshire' collection.

Amongst the many fine pieces on offer, perhaps the most exciting is a Bright Red Brown shade variety of the Red Brown 1856 5 cent (listed as Scott 28).

This is thefirst unused example of this variant that the prominent auctioneers have offered. The natural comparison is with the Indian Red variant (28a) of which only five examples exist with any part of their original gum, and these are valued at no less than $100,000.

Bright Red Brown 5 centBright Red Brown 5 cent

With that consideration in mind, the $70,000 estimate for this piece seems if anything conservative. There are even fewer known examples of the Bright Red Variant (28b) in reasonable condition.

This example is still in possession of a large part of its original gum, and is fresh and attractive. It may represent a good investment opportunity if sold at that price.

The sale takes place in New York and online. Robert A Siegel sold a Pony Express envelope for a record late last year.

Image: Robert A Siegel

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