Ultra Rare Penny Red Plate 77 For Sale at Stanley Gibbons
The incredibly rare stamp carries a price tag of a cool £550,000 which, if achieved, will make it the most valuable single stamp that Stanley Gibbons has ever offered for sale.
On the Stanley Gibbons website, Director of GB Philately at Stanley Gibbons, Vince Cordell, says; "This example has graced some of the finest stamp collections ever formed and is not only a magnificent exhibition piece but one of the great rarities of Great Britain and World philately".
Millions of SG43/44 Penny Reds were produced but, because the perforations did not line up correctly on printed sheets, some printing plates were never put in to use. Because of this, Penny Reds from plates 69, 70, 75, 77 and 128 should not be in existance today. Yet, mistakes meant a tiny number of stamps from plate 77 did manage to find their way in to public hands meaning they would become probably the most desirable prize for collectors of classic British stamps. Currently it is believed there are only four unused and five used examples of plate 77 known.
Of the five used examples, two damaged stamps were discovered early in the 20th Century but neither of them have come on to the open market for more than half a century. A third was lost during the 1906 San Francisco Earthquake and a fourth example forms part of the "Adams" collection held in the British Library.
Stanley Gibbons claim the fifth example that they are now offering is the finest used example in existence and, realistically, the only example of plate 77 that will ever become available on the open market.
GB Stamp Home Page More GB Stamp Articles