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Gold/Mining/Energy : Coins...gold and silver -- Ignore unavailable to you. Want to Upgrade?


To: Shawn Donahue who wrote (35)10/20/2005 4:54:43 PM
From: Shawn Donahue  Respond to of 47
 
OT: But certainly an investment like coins.
4 Upside-Down Plane Stamps Sold for $2.7M Thu Oct 20,10:02 AM ET [link below shows picture of stamp block with printing plate's number also in stamp margin]


NEW YORK - A block of four rare stamps — misprinted in 1918 with an upside-down airplane — sold Wednesday for $2.7 million, the highest price ever paid for U.S. stamps, an auctioneer said.


The stamps depict a Curtiss JN-4 "Jenny," a World War I trainer that became an airmail plane. About 700 of the stamps were misprinted but inspectors caught all but 100 of the mistakes before they were sold.

The block sold Wednesday to an anonymous buyer is the only one in existence that features the printing plate's number upside down and in the stamps' margin, said Scott Trepel, president of Siegel Auction Galleries.

In 1918, the entire pane of 100 was bought by stamp collector William Robey at a Washington post office. It was later sold and separated into individual stamps and blocks.

In June, a single "Jenny" stamp sold at auction for $525,000, then the highest-ever price for a 20th century U.S. stamp.

news.yahoo.com



To: Shawn Donahue who wrote (35)7/24/2006 9:17:25 PM
From: Shawn Donahue  Read Replies (1) | Respond to of 47
 
Fla. Couple Sells Penny for $660G
Friday, July 21, 2006


WEST PALM BEACH, Fla. — A rare coin has brought a Florida couple a pretty penny.

Denis Loring and Donna Levin bought the 1792 copper penny at auction last year for $437,000. They sold it in May for $660,000.

The coin originally was owned by descendants of Oliver Wolcott, who was a signer of the Declaration of Independence and Connecticut's governor in the 1790's.

The chocolate-colored coin is one of only nine known to exist.

Dallas-based Heritage Auction Galleries arranged the sale and said the buyer, "an East Coast energy company executive," wants to remain anonymous.

foxnews.com