158 Years Stamp Pricing RM64.5 Million on Auction

London: The most expensive stamp in the world and has many storied tale has begins on display before auction later this month. 

It is the only stamp of British Guiana magenta that still exists since 1856 and rarely seen since the last time on display to the public in 1986.

Since its inception, it has recorded a new world record and auction in New York on June 17 will be recorded price reached U.S. $ 20 million (RM64.5 million).

Sotheby’s auction house headquartered in London, will be auctioning the stamp with a price of around U.S. $ 10 million (RM30.25 million and U.S. $ 20 million).

Unique stamp is said to be found by a boy 12 year old Scot living in British Guiana, South America in 1873. It is found in the family's savings and take it to a personal collection of stamps without realizing it is a rare species.

But then, he sells it for a cheap price and in five years it has been in the custody of the famous Austrian nobleman, Count Philippe la Renotiere von Ferrary.

Seized France

Count Philippe stamps were bequeathed to a museum in Berlin.

Unfortunately it was annexed by France in 1920 as part of the First World War compensation from Germany and then sold to a New York textile magnate.

Often described as ' the most valuable stamp in the world ' discovered by a boy and then sold to a local stamp collector with a very cheap price.

Director of special projects at Sotheby 's David Redden said , during his career with the auction house Sotheby 's , the first thing on the world's largest artwork which he knows is the stamp of British Guiana before knowing about the Mona Lisa or the Cathedral of Chartres.

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