The One-Cent Magenta, the world’s most valuable stamp last sold for over 8 million dollars, will be exhibited in Prague for Czech collectors and visitors.
What happened
The One-Cent Magenta is a stamp from British Guiana printed in 1856, of which only one example is known to exist.
It was last sold at auction for over 8 million US dollars, making it the world’s most valuable stamp.
The stamp was discovered in 1873 by a 12-year-old boy named Vernon Vaughan among his uncle’s old letters.
The exhibition in Prague is a significant event for Czech philately, which has a long and distinguished tradition.
Why it is good news
The One-Cent Magenta is one of the world’s most celebrated objects, a tiny piece of paper that has passed through the hands of royalty and millionaires since 1873.
Source: Expats.cz