Mherping Logo

More Headlines Archive
A Lucrative Venture Our Investment Solution Invest With Us Online Exhibition Philatelic Choice Private Treaty
© 2001 Mherping. All Rights Reserved. Terms under which this service is provided to you.
The NYSE Invert sold for US$427,800
June 2001
The Greg Manning's sale on 16 June produced a few of the top grossing items this year.

The Baden #4b, 9kr Black on blue green instead of lilac rose, described as unusually large margins all around with original gum except in two small areas was knocked down at US$500,000 against an estimate of US$300,000 upwards.




The "NYSE Invert" was sold intact as a full sheet. The sheet was first offered provisionally in singles, pairs and multiples, and realized $427,800. Then the still intact complete sheet was offered as one lot at a premium to the individual prices, and it was purchased by a New York City investor for $488,750. The New York City resident was not available for comment, as he is currently traveling in China on the Yangtze River. The winning bid was executed by the auction house on his behalf.