Inverted Head 4 Annas stamp auctions for $92,000



2015-06-26 13:08:29

Inverted Head 4 Annas stamp auctions for $92,000

One of only 206,040 Inverted Head 4 Annas postage stamps ever produced has sold in the UK

A seldom seen Inverted Head 4 Annas auctioned in Britain yesterday (January 23) for 58,000 ($91,805). The sale price fell inside the philatelic rarity's 50,000-70,000 ($79,225-110,814) presale estimate.

Offered from the award winning Medina Collection of India, which was painstakingly compiled over several decades by stamp collector Mohammad Syeed, the blue and red stamp is cut-to-shape, as almost all examples are, and "completely free from faults", according to its catalogue listing.

Inverted Head 4 Annas auctions 410.jpg)The highly sought after stamp was one of the first multicoloured varieties in the world

The Inverted Head Four Annas of India, which is among the world's first multi-coloured stamp varieties, were created in India in 1854.

On the first day of printing, an invert error occurred, printing the head upside down on exactly 206,040 stamps. These collectible stamps were created using Head Die 1 and Frame Die 1. The printing error appears not to have been acknowledged until many years later, when esteemed British collector EA Smythies detected it at a Philatelic Society of London meeting in 1874.

Here at Paul Fraser collectibles we also have a number of investment-grade rare postage stamps in stock, including this Rainbow trial presentation sheet from 1840.

There are an estimated 50m serious stamp collectors globally, meaning the finest rare stamps remain in constant demand. Investment-grade stamps - those finest and rarestexamples - have previously put the stock market to shame, posting double digit annual returns in the past decade.

For more information on the investment potential of the stamp market, see Paul Fraser Collectibles' free guide to investing in stamps.

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2016-12-18 07:39:15

This is incorrect. The total of all First Printing (Die I head, Die I frame) was 209,040, including all of the genuine stamps with right-side-up heads. Only 28 of the Inverted Heads are known, and all of them are postally used.

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