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Thursday, September 6, 2012

1919-21 Jamaica invert stamp sells for $46,570 at London auction

de bene esse: literally, of well-being, morally acceptable but subject to future validation or exception

A 1919-21 Jamaica frame invert starred at a two-day stamp auction in the nation's capital

A 1919-21 frame invert from Jamaica sold at the top end of its estimate has sold, on the second day of a major stamp auction in London.

The vibrant orange beauty, which still contains the majority of its original gum and features good perforations, matched its £30,000 high estimate.

The result is a testament to its superb condition, four excellent margins, and the stamp's extreme rarity - just 10 to 20 are believed to exist today from a single sheet printing of 60.

The auction house has called it "one of the finest known examples of this popular and striking rarity". Investors seeking stamps of the utmost quality and rarity should also look at the finest in Canadian philately: The Black Empress.

Jamaica stamp invert
 Only10 to 20 are believed to exist
 

 "An extremely rare block of this popular nineteenth century high value," said the auction house, explaining the lot's significant value.

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