Stamp Auction

Do you have an extra million dollars lying around? If so, there is an auction coming up in New York City that you might be interested in. The entire collection is estimated to be worth $5 million!

The Islander Collection auction will feature a historic collection of early South American postage stamps from the 1800’s. There are more than 300 rare stamps in the collection. Most stamps are from the 1840’s and 1850’s. The stamps originate in Argentina, Brazil, Chile, Colombia and Peru. The stamps have been displayed at international exhibitions for decades. This is the first time that the collection has been gathered together in its entirety.

Brazilian stamps that are nicknamed the “Bull’s Eyes” will be sold as well as the most famous and valuable item in Brazilian philately, which is called the “Pack Strip”. The strip has two 30-reis and one 60-reis stamps joined together. They are estimated to sell for $1 million plus for just these stamps. A stamp from Argentina, that is the only surviving one-peso head to foot pair of stamps, which are printed upside down to each other, will also be for sale. There are many more treasures to be had in this auction.

The auction will be held on June 5 and 6th. Visit www.SiegelAuctions.com for more information. Bids will be taken both online and in person. The owner of the collection is a retired professor of economics. He lives outside of the United States and as of now, wants to remain anonymous. It will be fun to see how much the stamps actually go for. That’s a lot of dough!