Penny Black goes under the hammer: One of the world’s first postage stamps which dates back to 1840 is set to be auctioned for £6 MILLION
- A Penny Black, the world’s first postage stamp, is set for auction at Sotheby’s
- The adhesive stamp, which is dated May 6, 1840, could fetch up to £6million
- Features a profile of Queen Victoria and has been held in archive of British postal service reformer Robert Wallace
- The stamp is one of three that survived from very first sheet of printed stamps
One of the world’s very first postage stamps is set to be auctioned off at Sotheby’s for an estimated £6 million.
The Penny Black, known to be ‘the earliest securely dated example of the first postage stamp’, will be the centre piece to the auction house’s Treasures sale on December 7.
The adhesive stamp, which features a profile of Queen Victoria, is attached to a document dated April 10, 1840, from the archive of British postal service reformer Robert Wallace, a Scottish politician.
The Penny Black, known to be ‘the earliest securely dated example of the first postage stamp’, is set to be auctioned off at Sotheby’s for an estimated £6 million
The Penny Black, which introduced a flat rate for sending letters, was used from May 6, 1840. Before that, the recipient paid the postage cost.
‘This is the first ever stamp, the precursor to all stamps, and unequivocally the most important piece of philatelic history to exist,’ Henry House, head of Sotheby’s Treasures Sale, said in a statement.
‘Though there are many hugely important stamps in collections both public and private around the world, this is the stamp that started the postage system as we know it.’
The stamp is one of three Penny Blacks believed to have survived from the very first sheet of printed stamps. The other two are part of the collection at the British Postal Museum.
The adhesive stamp, which features a profile of Queen Victoria, is attached to a document dated April 10, 1840, from the archive of British postal service reformer Robert Wallace, a Scottish politician
The stamp is one of three Penny Blacks believed to have survived from the very first sheet of printed stamps. The other two are part of the collection at the British Postal Museum (pictured)
‘The fact that Wallace signed, dated and issued his note… gives support to the fact that this is the very first example of a postage stamp, which of course every country now uses,’ said owner Alan Holyoake, a businessman and philatelist.
Holyoake came into possession of the Wallace document some 10 years ago.
He undertook a three-year research project to determine its authenticity and the stamp has certificates from The Royal Philatelic Society and The British Philatelic Association.
It is the first of its kind to be offered at auction, Sotheby’s said, giving it a price estimate of £4-6 million.
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