One Cent Magenta
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- Synopsis
- When it was issued in 1856, it cost a penny. In 2014, this tiny square of faded red paper known as the one-cent magenta sold at Sotheby’s for nearly $US9.5 million, the highest amount ever paid for a postage stamp at auction. Through the stories of the eccentric characters who have bought, owned and sold this stamp, The One-Cent Magenta weaves a fascinating tale of obsession to own a treasure that no one else can have. One-cent magentas were provisional stamps, printed in British Guiana when a shipment of official stamps from London failed to arrive. They were intended for periodicals, and most were thrown out. But one stamp survived. It has had only nine owners since a 12-year-old Scottish boy discovered it in 1873 (and sold it for what would be $17 today). Later owners included a fabulously wealthy Frenchman who hid the stamp from view – even King George V of England couldn’t get a peek – a businessman who travelled with the stamp in a briefcase he handcuffed to his wrist; and John E. du Pont, heir to the chemical fortune, who died while serving a thirty-year sentence for the murder of Olympic wrestler Dave Schultz.
- Copyright:
- 2017
Book Details
- Book Quality:
- Publisher Quality
- ISBN-13:
- 9781925584073
- Publisher:
- Affirm Press
- Date of Addition:
- 05/01/17
- Copyrighted By:
- James Barron, 2
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Literature and Fiction
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.