Sharjah24 – Reuters: An example of the world's first postage stamp, the Penny Black, is being offered at auction, Sotheby's said on Tuesday (October 26), with a price estimate of up to $8.25 million.
Dating from 1840, the item is "the earliest securely dated example of the first postage stamp," according to the auction house that will present it at its "Treasures" sale on Dec. 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, which introduced a flat rate, 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.
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.
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 million - 6 million pounds.
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