Donald J. Sundman, of Mystic Stamp Company in Camden, New York, has reported the sale of a plate block of the famous Jenny invert 24-cent airmail stamp (Scott #C3a) for more than $4.8 million, a record price for a U.S. philatelic item. The sale took place by private treaty, with the purchaser requesting anonymity. “At the request of the purchaser, the exact price is not being disclosed; only that it was north of $4.8 million US. This Inverted Jenny plate block sale is a record price for any U.S. philatelic item and the second highest price in the world ever paid for any philatelic item,” said Sundman. The highest price is $9.48 million US paid for the British Guiana one-cent magenta in a New York City sale this summer. Continue reading →
One of just a few plate blocks of four inverted Jenny stamps has become the second-most valuable philatelic item in the world.
