Rare stamp could set records at auction - KNOE 8 News; KNOE-TV; KNOE.com |

Rare stamp could set records at auction

Posted: Updated:

NEW YORK (KNOE 8 News/AP) - A 1-cent postage stamp from a 19th century British colony in South America could become the world's most valuable stamp - again.

It has broken the auction record for a single stamp three times in its long history.

Sotheby's predicts the 1856 British Guiana One-Cent Magenta could bring between $10 million and $20 million when it goes on the auction block Tuesday.

Measuring 1 inch-by-1¼ inches, the One-Cent Magenta hasn't been on public view since 1986. It's the only major stamp absent from the British Royal Family's private Royal Philatelic Collection.

Smithsonian National Postal Museum Director Allen Kanes says "you're not going to find anything rarer than this."

An 1855 Swedish stamp currently holds the auction record for a single stamp. It sold for $2.3 million in 1996.

  • Most Popular StoriesMost Popular StoriesMore>>

  • 28 Monroe area businesses cited for selling to minors

    28 Monroe area businesses cited for selling to minors

    Tuesday, July 29 2014 11:51 AM EDT2014-07-29 15:51:09 GMT
    Baton Rouge, La. (KNOE 8 News ATC) - Agents with the Office of Alcohol and Tobacco Control recently conducted compliance checks at 173 businesses in the Monroe and West Monroe areas. During those compliance checks, 28 of the businesses, which consist of area restaurants, bars and convenience stores, were caught selling alcohol and tobacco products to minors.
    Baton Rouge, La. (KNOE 8 News ATC) - Agents with the Office of Alcohol and Tobacco Control recently conducted compliance checks at 173 businesses in the Monroe and West Monroe areas. During those compliance checks, 28 of the businesses, which consist of area restaurants, bars and convenience stores, were caught selling alcohol and tobacco products to minors.
  • K9 Officer helps nab Ruston robbery suspects

    K9 Officer helps nab Ruston robbery suspects

    Monday, July 28 2014 11:29 AM EDT2014-07-28 15:29:21 GMT
    RUSTON, La. (KNOE 8 News Ruston Police) - Two robbery suspects are in custody after leading several Ruston Police Officers and a K9 Officer on a chase through town.
    RUSTON, La. (KNOE 8 News Ruston Police) - Two robbery suspects are in custody after leading several Ruston Police Officers and a K9 Officer on a chase through town.
  • Union Sheriff: Man was attempting to hire hit man to kill family members

    Union Sheriff: Man was attempting to hire hit man to kill family members

    Monday, July 28 2014 1:21 PM EDT2014-07-28 17:21:58 GMT
    UNION PARISH, La. (KNOE 8 News UPSO) - A Ouachita Parish resident was arrested by Union Parish sheriff’s deputies and investigators over the weekend accused of solicitation of murder.
    UNION PARISH, La. (KNOE 8 News UPSO) - A Ouachita Parish resident was arrested by Union Parish sheriff’s deputies and investigators over the weekend accused of solicitation of murder.
  • Two arrests, officer tazed at Watermelon Festival

    Two arrests, officer tazed at Watermelon Festival

    Monday, July 28 2014 4:41 PM EDT2014-07-28 20:41:59 GMT
    FARMERVILLE, La. (KNOE 8 News UPSO) - Union Parish sheriff’s deputies made at least two arrests over the Watermelon Festival weekend, one that involved a deputy getting tazed.
    FARMERVILLE, La. (KNOE 8 News UPSO) - Union Parish sheriff’s deputies made at least two arrests over the Watermelon Festival weekend, one that involved a deputy getting tazed.
  • West Monroe man arrested for meth possession

    West Monroe man arrested for meth possession

    Sunday, July 27 2014 9:09 PM EDT2014-07-28 01:09:38 GMT
    WEST MONROE, La. (KNOE 8 News) - West Monroe Police arrested a man early Sunday morning for possession of drugs.
    WEST MONROE, La. (KNOE 8 News) - West Monroe Police arrested a man early Sunday morning for possession of drugs.
  • Homeowners don't want rehab built in their backyards

    Monday, July 28 2014 7:46 PM EDT2014-07-28 23:46:45 GMT
    MONROE, La. (KNOE 8 News) - Not in my back yard! That's what some homeowners in rural Ouachita Parish are saying about a rehab facility being built in their neighborhood. They've voiced their concerns to the Ouachita Parish Police Jury, but say they haven't gotten anywhere. 
    MONROE, La. (KNOE 8 News) - Not in my back yard! That's what some homeowners in rural Ouachita Parish are saying about a rehab facility being built in their neighborhood. They've voiced their concerns to the Ouachita Parish Police Jury, but say they haven't gotten anywhere. 
  • Clerk wrestles gun away from armed robbery suspect

    Clerk wrestles gun away from armed robbery suspect

    Saturday, July 26 2014 4:40 PM EDT2014-07-26 20:40:24 GMT
    MONROE, La. (KNOE 8 News) - Police are investigating an attempted armed robbery where a clerk fought a gun away from a suspect.
    MONROE, La. (KNOE 8 News) - Police are investigating an attempted armed robbery where a clerk fought a gun away from a suspect.
  • A second person has died from emergency plane landing on beach

    A second person has died from emergency plane landing on beach

    Tuesday, July 29 2014 12:06 PM EDT2014-07-29 16:06:21 GMT
    A second person has died from Sunday's emergency plane landing on a Florida beach.
    A second person has died from Sunday's emergency plane landing on a Florida beach.
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KNOE. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.