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FM
Former Member

Single Canadian stamp that sold for 12 cents in 1851 nets $225,000 at auction


A pair of rare Twelve-Penny Blacks.

Photograph by: HANDOUT , Postmedia News

 

An unidentified buyer has paid one of the biggest prices ever for a single Canadian stamp, shelling out about $225,000 at a sale in Halifax on Saturday for a 162-year-old rarity that cost just 12 cents when it was issued in 1851.

 

The “superlative mint example” of the fabled “Twelve Penny Black,” thought to be the best-preserved and most vividly coloured specimen of Canada’s top philatelic treasure, went from the hands of one Canadian collector to another, according to Gary Lyon of Bathurst, N.B.-based Eastern Auctions.

 

“It has long been recognized as perhaps the finest known example” of the Twelve Penny Black, said Lyon, adding that it also has an impeccable provenance.

 

The stamp sold Saturday once belonged to the Marquess of Lorne — Canada’s governor general from 1878 to 1883 — and was later part of “one of the most famous collections of all time,” said Lyon, referring to the Dale-Lichtenstein holdings amassed in the early 20th century by U.S. industrialist Alfred Lichtenstein and later bolstered by his daughter, Louise Boyd Dale.

 

The Marquess of Lorne was married to Princess Louise, a daughter of Queen Victoria — the figure pictured as a young monarch on the Twelve Penny Black when it was printed in 1851.

 

Considered Canada’s most famous stamp, the Twelve Penny Black is prized among collectors around the world for its extreme rarity and notable historic connections. It was issued as part of Canada’s very first series of stamps, and features an image of a teenage Queen Victoria taken from a celebrated portrait by the artist Alfred Edward Chalon.

 

Only 1,450 of the stamps — which were considered prohibitively expensive by most residents of pre-Confederation Canada — were ever sold, and the remaining stock was destroyed in 1857. Only a handful of them still exist, including a few held by the Canadian government in its national postal collection.

 

In a description designed to set hearts aflutter among the country’s philatelic community, the Eastern Auctions catalogue for Saturday’s sale stated that the Twelve Penny Black on offer — which hadn’t been available on the stamp market since 1980 — possesses “radiant colour,” an “unusually bold impression on pristine, fresh paper,” and “retains its full, undisturbed, original gum.”

 

The eventual buyer was clearly impressed, bidding $195,000 to take the stamp. Additional auction fees pushed the final price to just under $225,000.

 

In 2009, another unusued Twelve Penny Black sold at a U.S. auction for about $300,000, making it the most expensive single Canadian stamp of all time.

 

That mint-condition specimen was the highlight of a New York auction in which a world-class collection of more than 100 significant artifacts from Canadian postal history netted about $2 million.

 

rboswell@postmedia.com

Replies sorted oldest to newest

I have the complete set of British Guiana stamps from 1876 to 1966. All are unused with no post mark and at least 95% of them even has the original gum undamaged. I have a couple that go as early as 1862 as well.I have been told that my collection is even better than the one held by the Guyanese postal service of that same period.

Mr.T
Originally Posted by Prashad:

how much you want for that Mr.T?

Bai I have no idea if its value. It is just part of my collection mind you. I have duplicates of many of them including lightly hinged etc. You into stamps? If you are then PM me and I shall scan and email you some pictures of my BG collection. I even have an internationally recognized pseudo name  in the stamp collection world.

Mr.T

Convicted murderer owns US$5M rare Guyana stamp

March 24, 2010, By , Filed Under News, Source

 

In 1856, E T E Dalton, the local postmaster of British colony of Guiana (now independent Guyana) was frustrated to hear that a shipment of stamps had failed to arrive.


Not wishing the citizens to be without this extremely useful, and still relatively new, facility he commissioned an emergency production from a local printer.


He was then further irritated to find that the printers had exercised creative input on the stamps over and above his simple specifications, and the three stamp types (two 4c stamps, one blue and one magenta, plus a 1c magenta for newspapers) had had a ship emblem added.


Dalton didn’t like the design. He restricted its use to that one emergency issue, and also had post office clerks sign all the stamps as a guard against fraud. He would be astonished to hear that today his name is still mentioned as a result of these stamps.

 

Police launch campaign against private ‘taxis’ …following Diamond fatal crash The death last Saturday of 59-year-old passenger Cheryl David has prompted police ranks to launch a campaign against private ‘taxis’ operating in the Grove/Diamond Housing schemes. On Monday, ranks from the Golden Grove Police Station pulled in eleven cars that were being used as taxis although the owners are not licensed to do so. The vehicles were still in the station compound yesterday, and it is unclear whether the drivers will be charged. Several private cars operate as ‘short drop’ taxis in the two housing schemes, often in full view of traffic ranks. In the opinion of some Cheryl David’s relatives, the police campaign has come a bit too late. “They should have been doing it a long time,” one close relative said. “Most of these drivers, you don’t know how much experience they have.” Mrs. David and three other women were travelling in a private car at around 06:00 hrs on Saturday when the vehicle slammed into a culvert on the main roadway in Diamond Housing Scheme. David was pinned in the vehicle for several minutes and was already dead when rescuers finally pulled her out. The driver, 35-year-old Marlon Murray was charged on Monday with causing death by dangerous driving. He was released on $135,000 bail and is to return to court on April 3. [Photo saved as seized cars 002 in Wednesday Issue) Caption: Some of the seized cars in the Golden Grove Police Station [saved as seized cars)

The rare British Guiana 1 cent stamp.

 

Vernon Vaughan, a Scottish schoolboy discovered a 1c stamp on one of his uncle’s letters in Demerara, the capital of British Guiana, in 1873. He sold it for the equivalent of $1.50 to a local collector.


The stamp has been heavily postmarked and dirtied, aside from the initials of postal clerk E D Wright carrying out Dalton’s policy on the left hand side. It has also been cut into an octagon.


Despite its parlous state, it is the only stamp of its kind known to still exist. As a result, it was picked up by the great rare stamp collector Count Ferrary and its value has escalated rapidly, making it a legend desired by collectors of valuable stamps everywhere including …Donald Duck.


The unlikely philatelist sought the stamp in the 1952 comic by Carl Banks, The Gilded Man. He describes it as being worth “…over $50,000″ which was already true even then.


The line between fact and fantasy has sometimes become blurred. Claims that the known example is a doctored example of the similar (and somewhat more common) 4c stamp have been discredited.


On the other hand there are still some who claim that an example owned by Peter Winter is genuine rather than a doctored 4c piece, even though the Royal Philatelic Society London has declared it a forgery, and Winter is famous for reproducing stamps – though usually quite openly, without an attempt to pass them off as the real thing.


The most famous story of the stamp is that the famous collector Arthur Hinds, who also owned the Bordeaux cover and other Mauritius ‘Post Office’ stamps, found another British Guiana 1c on sale in 1920 and destroyed it as soon as he bought it, so that there would only be one. This may or may not be an urban myth.


The one known genuine article has belonged to John du Pont, an athlete, ornithologist and philatelist since 1980. He paid $935,000 for it.


In 1997, du Pont was convicted of murdering his friend, Olympic wrestler David Schulz, without rational motive, due to du Pont suffering from schizophrenia.


Experts estimate the stamp to be worth upwards of $5m – it is currently stored in a bank vault, hidden from the world.

 

(www.paulfrasercollectibles.com)

FM
Originally Posted by Demerara_Guy:

Convicted murderer owns US$5M rare Guyana stamp

March 24, 2010, By , Filed Under News, Source

 

In 1856, E T E Dalton, the local postmaster of British colony of Guiana (now independent Guyana) was frustrated to hear that a shipment of stamps had failed to arrive.


Not wishing the citizens to be without this extremely useful, and still relatively new, facility he commissioned an emergency production from a local printer.


He was then further irritated to find that the printers had exercised creative input on the stamps over and above his simple specifications, and the three stamp types (two 4c stamps, one blue and one magenta, plus a 1c magenta for newspapers) had had a ship emblem added.


Dalton didn’t like the design. He restricted its use to that one emergency issue, and also had post office clerks sign all the stamps as a guard against fraud. He would be astonished to hear that today his name is still mentioned as a result of these stamps.

 

Police launch campaign against private ‘taxis’ …following Diamond fatal crash The death last Saturday of 59-year-old passenger Cheryl David has prompted police ranks to launch a campaign against private ‘taxis’ operating in the Grove/Diamond Housing schemes. On Monday, ranks from the Golden Grove Police Station pulled in eleven cars that were being used as taxis although the owners are not licensed to do so. The vehicles were still in the station compound yesterday, and it is unclear whether the drivers will be charged. Several private cars operate as ‘short drop’ taxis in the two housing schemes, often in full view of traffic ranks. In the opinion of some Cheryl David’s relatives, the police campaign has come a bit too late. “They should have been doing it a long time,” one close relative said. “Most of these drivers, you don’t know how much experience they have.” Mrs. David and three other women were travelling in a private car at around 06:00 hrs on Saturday when the vehicle slammed into a culvert on the main roadway in Diamond Housing Scheme. David was pinned in the vehicle for several minutes and was already dead when rescuers finally pulled her out. The driver, 35-year-old Marlon Murray was charged on Monday with causing death by dangerous driving. He was released on $135,000 bail and is to return to court on April 3. [Photo saved as seized cars 002 in Wednesday Issue) Caption: Some of the seized cars in the Golden Grove Police Station [saved as seized cars)

The rare British Guiana 1 cent stamp.

 

Vernon Vaughan, a Scottish schoolboy discovered a 1c stamp on one of his uncle’s letters in Demerara, the capital of British Guiana, in 1873. He sold it for the equivalent of $1.50 to a local collector.


The stamp has been heavily postmarked and dirtied, aside from the initials of postal clerk E D Wright carrying out Dalton’s policy on the left hand side. It has also been cut into an octagon.


Despite its parlous state, it is the only stamp of its kind known to still exist. As a result, it was picked up by the great rare stamp collector Count Ferrary and its value has escalated rapidly, making it a legend desired by collectors of valuable stamps everywhere including …Donald Duck.


The unlikely philatelist sought the stamp in the 1952 comic by Carl Banks, The Gilded Man. He describes it as being worth “…over $50,000″ which was already true even then.


The line between fact and fantasy has sometimes become blurred. Claims that the known example is a doctored example of the similar (and somewhat more common) 4c stamp have been discredited.


On the other hand there are still some who claim that an example owned by Peter Winter is genuine rather than a doctored 4c piece, even though the Royal Philatelic Society London has declared it a forgery, and Winter is famous for reproducing stamps – though usually quite openly, without an attempt to pass them off as the real thing.


The most famous story of the stamp is that the famous collector Arthur Hinds, who also owned the Bordeaux cover and other Mauritius ‘Post Office’ stamps, found another British Guiana 1c on sale in 1920 and destroyed it as soon as he bought it, so that there would only be one. This may or may not be an urban myth.


The one known genuine article has belonged to John du Pont, an athlete, ornithologist and philatelist since 1980. He paid $935,000 for it.


In 1997, du Pont was convicted of murdering his friend, Olympic wrestler David Schulz, without rational motive, due to du Pont suffering from schizophrenia.


Experts estimate the stamp to be worth upwards of $5m – it is currently stored in a bank vault, hidden from the world.

 

(www.paulfrasercollectibles.com)

I think the Dupont is the one in jail now for murder.  I read some where that he put the stamp in a vault in a bank and he throw away the key.

Prashad
Originally Posted by Prashad:
Originally Posted by Demerara_Guy:

Convicted murderer owns US$5M rare Guyana stamp

March 24, 2010, By , Filed Under News, Source

 

In 1856, E T E Dalton, the local postmaster of British colony of Guiana (now independent Guyana) was frustrated to hear that a shipment of stamps had failed to arrive.


Not wishing the citizens to be without this extremely useful, and still relatively new, facility he commissioned an emergency production from a local printer.


He was then further irritated to find that the printers had exercised creative input on the stamps over and above his simple specifications, and the three stamp types (two 4c stamps, one blue and one magenta, plus a 1c magenta for newspapers) had had a ship emblem added.


Dalton didn’t like the design. He restricted its use to that one emergency issue, and also had post office clerks sign all the stamps as a guard against fraud. He would be astonished to hear that today his name is still mentioned as a result of these stamps.

 

Police launch campaign against private ‘taxis’ …following Diamond fatal crash The death last Saturday of 59-year-old passenger Cheryl David has prompted police ranks to launch a campaign against private ‘taxis’ operating in the Grove/Diamond Housing schemes. On Monday, ranks from the Golden Grove Police Station pulled in eleven cars that were being used as taxis although the owners are not licensed to do so. The vehicles were still in the station compound yesterday, and it is unclear whether the drivers will be charged. Several private cars operate as ‘short drop’ taxis in the two housing schemes, often in full view of traffic ranks. In the opinion of some Cheryl David’s relatives, the police campaign has come a bit too late. “They should have been doing it a long time,” one close relative said. “Most of these drivers, you don’t know how much experience they have.” Mrs. David and three other women were travelling in a private car at around 06:00 hrs on Saturday when the vehicle slammed into a culvert on the main roadway in Diamond Housing Scheme. David was pinned in the vehicle for several minutes and was already dead when rescuers finally pulled her out. The driver, 35-year-old Marlon Murray was charged on Monday with causing death by dangerous driving. He was released on $135,000 bail and is to return to court on April 3. [Photo saved as seized cars 002 in Wednesday Issue) Caption: Some of the seized cars in the Golden Grove Police Station [saved as seized cars)

The rare British Guiana 1 cent stamp.

 

Vernon Vaughan, a Scottish schoolboy discovered a 1c stamp on one of his uncle’s letters in Demerara, the capital of British Guiana, in 1873. He sold it for the equivalent of $1.50 to a local collector.


The stamp has been heavily postmarked and dirtied, aside from the initials of postal clerk E D Wright carrying out Dalton’s policy on the left hand side. It has also been cut into an octagon.


Despite its parlous state, it is the only stamp of its kind known to still exist. As a result, it was picked up by the great rare stamp collector Count Ferrary and its value has escalated rapidly, making it a legend desired by collectors of valuable stamps everywhere including …Donald Duck.


The unlikely philatelist sought the stamp in the 1952 comic by Carl Banks, The Gilded Man. He describes it as being worth “…over $50,000″ which was already true even then.


The line between fact and fantasy has sometimes become blurred. Claims that the known example is a doctored example of the similar (and somewhat more common) 4c stamp have been discredited.


On the other hand there are still some who claim that an example owned by Peter Winter is genuine rather than a doctored 4c piece, even though the Royal Philatelic Society London has declared it a forgery, and Winter is famous for reproducing stamps – though usually quite openly, without an attempt to pass them off as the real thing.


The most famous story of the stamp is that the famous collector Arthur Hinds, who also owned the Bordeaux cover and other Mauritius ‘Post Office’ stamps, found another British Guiana 1c on sale in 1920 and destroyed it as soon as he bought it, so that there would only be one. This may or may not be an urban myth.


The one known genuine article has belonged to John du Pont, an athlete, ornithologist and philatelist since 1980. He paid $935,000 for it.


In 1997, du Pont was convicted of murdering his friend, Olympic wrestler David Schulz, without rational motive, due to du Pont suffering from schizophrenia.


Experts estimate the stamp to be worth upwards of $5m – it is currently stored in a bank vault, hidden from the world.

 

(www.paulfrasercollectibles.com)

I think the Dupont is the one in jail now for murder.  I read some where that he put the stamp in a vault in a bank and he throw away the key. Dupont died in Jail so I don't think anyone knows where the stamp is located.

 

Prashad
Originally Posted by Prashad:

When you want to sell let me know Mr. T.  I will PM you.  I don't mind putting up some money to keep the Country's heritage going.

That's the same reason why I started collecting BG stamps since I was a kid. It has been said by people in the know that I got one of the best BG collection in the world, but I can only go by what is mentioned on a few stamps related forums.

 

Dupont is dead by the way. I made an offer of U$100K for his GB stamp. So far no reply from his estate .

Mr.T
Originally Posted by Mr.T:
Originally Posted by Prashad:

When you want to sell let me know Mr. T.  I will PM you.  I don't mind putting up some money to keep the Country's heritage going.

That's the same reason why I started collecting BG stamps since I was a kid. It has been said by people in the know that I got one of the best BG collection in the world, but I can only go by what is mentioned on a few stamps related forums.

 

Dupont is dead by the way. I made an offer of U$100K for his GB stamp. So far no reply from his estate .


The stamp worth between 5 million to 12 million US today at a good auction.  They probably was thinking it was an insult.

Prashad

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