One of my best stock items at 30% discount

The Stamp Man

The Stamp Man

2021-02-18 16:08:47

Spectacular, unique and going cheap

 “Exceptional” doesn’t do this philatelic pearl justice.

 You see…

  • It comes from a country that doesn’t even exist anymore
  • It is something of a miracle that this sheet of stamps survived intact this long
  • It looks as young and healthy today as it did in 1892, the year it was born
  • It is a key rarity from one of the hottest geographical areas of the stamp market right now

This sheet of stamps is unique. There can only ever be one owner (just now, that is me!)

Today, I give you the chance and the privilege to take over ownership of this special sheet of stamps.

You will probably need to be quick

This is one for the philatelic connoisseur. Not only is it unique…

It is in pristine condition, despite being 129 years old.

Those two ingredients come together so infrequently in the stamp world.

 Here it is:

North Borneo 1892 '8/Cents.' on 25c indigo, SG65

You need to see it “in the flesh” to appreciate the full splendour of this rarity. The colours remain as vibrant and fresh as when it was first printed 129 years ago.

This is what makes it such an important rarity:

  • The stamps have been surcharged with “8 cents”. Only six sheets with this surcharge were issued (just 300 stamps).
  • This is the only entire sheet of all 50 stamps in existence
  • Each horizontal pair are neatly cancelled by a “Sandakan” circular date stamp, dated 12 November 1894
  • It includes the Postmaster’s signature in the right margin
  • It remains in pristine condition 

A very brief history

North Borneo was a British Protectorate from 1888 to 1940. 

Borneo is the third largest island in the world and the largest in Asia.

Its main value to Britain was timber exports. Half of the world’s timber still, to this day, comes from Borneo.

The population was too small to sustain an economy. The British sponsored various migration schemes for Chinese workers from Hong Kong and China to work in the European plantations.

Japanese immigrants were also invited to assist in managing the economic activities of North Borneo.

Then followed the arrival of the Japanese military forces at the start of World War II bringing an end to the British protectorate.

Many of the British and Australian soldiers captured after the fall of Malaya and Singapore were brought to North Borneo as prisoners of war and held in Sandakan Camp.

After the war, the territory was placed under military administration and then designated as a crown colony.

Self-government was granted to the territory on 31 August 1963. Sixteen days later, the Federation of Malaysia was formed marking the formal end of “North Borneo”, with the last stamp being issued on 4 June 1963.

The first stamps were issued from North Borneo in 1883, using the design incorporating the coat of arms (a dhow and a lion).

Surcharges arose between 1890 and 1894, necessary because of stamp shortages. Up until 1890, stamps of North Borneo were only valid for sending to nearby countries and then only if sent by direct steamer.

In 1894, the British Protectorate issued a new definitive series engraved by Waterlow and Sons, putting an end to the need for surcharges.

Stamps from North Borneo with surcharges are highly desirable amongst collectors of this area due to the limited number remaining in existence. Because of the warm and humid climate, finding stamps in fine condition is a real challenge for the discerning collector.

That’s what makes this sheet of 50 such a freak event and an incredible survivor.

What about the price?

It is not unusual to see unique blocks of stamps sell for six-figures or even more.

A sheet of 24 mint penny blacks from plate 1 sold for $1.15 million at auction in 2007.

OK, maybe that is not a fair comparison!

There are more relevant comparisons. For example, a sheet of 60 stamps from the British Occupation of the Italian Colonies is valued at £35,000.

The Stanley Gibbon’s Commonwealth and British Empire catalogue lists a value of £200 for used single examples of the 8/cents on 25c indigo.

So, the break-up value of the sheet is: £200x50 = £10,000.

Not that you would want to break the sheet up – that would be philatelic vandalism!

Normally, there is a premium to be paid for blocks of stamps and a further premium for something in “very fine” condition.

So, a price of above £10,000 is fair, right?

Nevertheless, you can own this philatelic treasure from North Borneo’s history for only £6,950, ($9,950).

That’s a discount of 30% to the Stanley Gibbon’s catalogue price, which is the base price before reflecting the premium element.

This item is unique – there is no price comparison.

Don’t miss out

To summarise:

  • A unique and stunning philatelic gem
  • In pristine condition
  • At a very fair price


Call me immediately on +44(0)1534 639998.

Or email me today at

This is your chance to own one of my best stock items at the best possible value price.

Kind regards

Mike Hall

PS. This item is so stunning to look at, you could frame it and hang it up as a beautiful and unique display item, (but, please keep it out of the sunlight!)

PPS. Don’t forget, all items purchased from Paul Fraser Collectibles come with a lifetime guarantee of authenticity and FREE delivery – wherever you live in the world. 

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