World's Most Valuable Stamp at Auction, feat. CwP
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- Опубліковано 13 тра 2021
- The British Guiana One Cent Magenta is up for Auction June 8th 2021, the rarest and most valuable stamp in the world. What should we all expect and will it set a new world record? Join me in a conversation with Michael and Charles from 'Conversations with Philatelists' as we explore the stamp and this exciting event.
UPDATE: The Magenta sold for $8.307Million: www.nytimes.com/2021/06/08/ar...
#rare #valuable #stampcollecting
Conversations with Philatelists
UA-cam: / @conversationswithphil...
Website: www.philatelypodcast.com
Email: philatelypodcast@gmail.com
Charles Twitter: / charleslepting
Michael Twitter: / michaeljcort
Follow me on Social Media:
Twitter: / exploringstamps
Instagram: / exploringst. .
Fuel this channel with a coffee on Ko-Fi
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Links:
Auction Site: www.sothebys.com/en/digital-c...
iTV news segment 2021: www.itv.com/news/2021-04-29/a...
When Graham went to go see the Magenta in Washington DC: • Most valuable Stamp 1C...
More about the Magenta:
en.wikipedia.org/wiki/British...
www.smithsonianmag.com/smiths...
Book:
The One-Cent Magenta: Inside the Quest to Own the Most Valuable Stamp in the World
by James Barron
Philipp von Ferrary: en.wikipedia.org/wiki/Philipp...
Learn about the Inverted Jenny (also up for sale)
• The Rare Inverted Jenn...
A Tyrannosaurus was sold, what?: www.nbcnews.com/think/opinion...
www.nationalgeographic.com/sc...
Wonderful! This time it might fall short? I'm going with 8.3 million.
Thanks Erica, it could absolutely fall short. lets see 👀
Well Done Erica!! I am impressed, you called it perfectly... Sotheby's take note!! Please reach out to claim your lunch 😊
Well done, Erica.
Spot on Erica
@@ExploringStamps do you guys invest in stamps because of the biggest ROI or do you just buy them because you like them?
I didn’t know these young guys but Im happy to be introduced to him because they are brilliant! Its so good to se that passion on young people talking and living philately. That encourages me to get better as philatelist. Thank you Exploring Stamps.
Thank you for the kind words!! Yes they were excellent guests and their show is super interesting to watch/listen to. Check them out!
Having three handsome young man talk about stamps on UA-cam does more to promote the hobby then any of us can image.
Oh stop it James, you are making me blush 😊. Lol thanks for your support!
@@ExploringStamps As Charles might say, "You don't look like stamp collectors." Actually I had to laugh a little when Charles said, "He looked like a stamp collector." At one time there was a stereo typical look of a stamp collect, the short sleeve dress shirt, baggy dress pants, the briefcase, little disheveled and normally an older person. I guess you just knew the look when you saw it. To the point, back to 2006 I went to Washington DC for the National Stamp Show with my kids. As a single dad, a lot of the vacations I took with them involved going to stamp shows. The kids also attended stamp meeting at our local club. So I there was in DC back in 2006 with my 11 and 13 year old children for yet other sfamp show. We decided to take the DC subway train from the hotel near Dupoint Circle to the convention center. I was wondering if we were on the right train to get to the stamp show and my kids both said, "Dad look around, who do you see riding this train?" I thought, oh my gosh, they were right, you can tell a stamp collector by their looks. But that was in 2006. I don't think this is true any more, especially because of collectors that look like you guys.
This is perhaps your best and finest video you've ever posted for the Exploring Stamps channel!!! You're simply THE BEST!!!
You are too kind 😊. Glad you enjoyed the video and thanks for watching!
What a beautiful sharing of opions and stories and chance encounters that adds so much to this isonic piece!
Glad you enjoyed it! Thanks for watching 😊
This was a wonderful episode of #philately with Charles, Michael, and yourself. Not only was it incredibly interesting I found the passion exhibited by all three of you very emotional at times; which speaks volumes about the health of philately! When young men like yourselves (unlike myself) are so passionate about stamp collecting it is the strongest evidence yet that Philately is thriving and here to stay for well beyond my lifetime. BTW, I think the price will be $15.3 million. Thanks Graham for hosting this episode about the Magenta.
Thank you Gary, comments like this really mean a lot to us. Glad that you enjoyed the discussion with Michael and Charles. Fingers crossed for 15.3 😊🤞
I’ve watched every single one of your videos. You have the uncanny ability to turn mundane things into the most interesting lessons. Thank you. My guess is that it will go for $10.3 million
Thank you Linda 😊. Glad you are enjoying the videos. Fingers crossed for 10.3 🤞
Good to have you all at same Time! Do it more in the future. 👍
Thank you 😊. Will do!
Good morning I just finished watching your conversation about the most expensive stamp in the world with Mike and Charles I am a fan of the noble spirit and I've won several auctions they have awesome stuff so when Michael introduced himself representing Noble spirit I was even more excited to hear the conversation how stimulating it was I'm a very new stamp collector i dabbled in stamp collecting in my childhood but nothing serious so when the pandemic hit I found myself on eBay in the stamp section as I was browsing and the next thing I knew I was bidding on auctions and winning and a philatelic was born. I'm a huge fan of anything pre 1800 first day covers and searching for sock on nose I first learned about sock on nose on one of your episodes I've been a fan of your exploring stamps Channel for about a year now I have seen many of your videos and I love them all and I've learned so much from you and I really appreciate you sharing your knowledge and giving me a better understanding of what it is to be a stamp collector so don't be surprised in the future if you hear from me because I have many questions and Curiosities on the art of stamp collecting my guess for the most expensive step in the world will be nine million eight hundred thousand dollars can't wait for the big day of the auction to see what the stamp goes for keep up the excellent work and look forward to seeing more videos your stamp buddy Ralph
Hello Ralph, thank you for the wonderful comment. So glad to see that you are enjoying the channel and the hobby. 😊Fingers crossed for 9.8M 🤞
very useful and nice stamp! Always support the channel! Wish the channel develop many good videos!
Exciting topic. Thank you for updating us by good discussions. ❤️
$10.6M - Thank you and your guests Michael and Charles for the beautiful conversation
I like your estimate 👍. Thank you Anthony for watching the episode, glad you enjoyed it 😊
Awesome video as always. Thanks for sharing
Fantastic episode. It was cool to hear your thoughts on such an iconic item.
Glad you enjoyed it David! Thanks for watching 😊
Great show Graham! Always interested in any news about this unique and beautiful magenta treasure! Loved the conversation and all the information Michael and Charles shared. So here we go with my prediction...$14.5 million.
Thank you 😊 Glad you enjoyed it, fingers crossed for 14.5 🤞
As a philatelist it's very exciting to watch Auction like this...
Personally I think there is one thing that has added more interest and value to the Philatelic world and its this channel. I started watching even before I started collecting, and now I look back wishing I had started earlier.
one of the best episodes!
Thank you Sergiy 😊
Graham: another great program. After all, part of the excitement of philately is the possibility, however rare or unlikely, that some collector out there -- young or old, seasoned or novice -- might just find another One Cent Magenta. Or a Blue Mauritius. Or an inverted Jenny. Thanks, as always.
Thank you James! You bring up an interesting point, WHAT IF after the stamp is sold for 20 million, someone like you or me finds another one out there? I'm sure the buyer wouldn't be too happy about that 😅
Looking forward to this episode!
Thanks Louis! Hope you enjoyed it.
Wow.. Very exciting to watch auction like this, really informative....
Great Episode. Was waiting after the Instagram story👍👍👍👍❤️❤️❤️❤️
Hope you enjoyed it! 😊
BRAVO! Exceptional episode. Thank you.
Thank you 😊 glad you enjoyed it!
What a great conversation !
Thank you 😊
Another brilliant episode! Charles and Michael present a great balance of knowledge and passion for stamps. Oh, yes, total for auction price and buyer's premium will be 14,950,000. I wonder if the overdraft protection of my checking account will cover my shortfall?
Thank you Chai! 😅🤞 14.950 sounds just right, fingers crossed!
Thanks so much for another great episode...!!!
You are very welcome, thanks for watching 😊
$18.5 million. Great video. I’ll go watch more Conversations videos after enjoying this one.
👍 Thanks William! Glad you enjoyed it 😊
Stamp is cute to me. Magenta or Fine Wine color.. one of my favorites. I'll take it 😊
Ooo it is a fine wine color 🍷 😍
I'd take the money....they can keep the stamp.😁
Wow that’s awesome! I just started stamp collecting this month. I have around 200 which is a good start. I have a lot of J.F.K. stamps and a few books with Australian and Portuguese stamps. I tried looking all of them up but some stamps I couldn’t find online or there was very little history about them, but I enjoy them. My most rare/expensive thing is not really a stamp but the letter cover it’s on. It’s from the search for Amelia Earhart. I also have the 4 stamps of Amelia Earhart’s alleged crash in the Marshall Islands. I can’t wait to collect more stamps and to watch more of your videos! #philately
Welcome to philately 🙌. Sounds like you are off to a great start and have some interesting items already. Thanks for watching the channel, hope you enjoy the videos 😊
OMGGGG ALLL MY FAVORITE PHILATELIST ON ONE SCREEN, ON ONE CHANNELLLL, ON ONE EPISODE 🤩🤩🤩🤩🤩🤩🤩🤩
🙌🤓
Great Channel, first time viewer. Will look out the other posts. My guess is $16.8m
Excellent, welcome to the channel Tim, there is over 100 videos to check out so enjoy 😊
Fantastic episode! I just finished reading Barrron's book in anticipation as well. My prediction: $16.3M.
p.s. OMG IT WAS IN YOUR HANDS!!!
Thank You for video, this is great! Greetings from Finland.
Thank you for watching in Finland 😊
$18.9M all in! Thanks for the episode as always.
All in! 🤞😊 Fingers crossed.
Awesome. I had this on my radar to follow too.. just out of curiosity. :)
I think we will all be eager to see the results, I hope to watch it online.
$13.234M. Thoroughly enjoyed this episode - learned quite a lot!! I now have a much better appreciation for the One Cent Magenta.
Glad you enjoyed it Andre! Fingers crossed for 13.234 🤞😊
I agree with both you and Charles in that I would for sure buy it at auction but likely not if it was just for sale. I would want to be part of the list of owners who go down in history and I would for sure get caught up in the competitive atmosphere at the auction itself. My prediction is 12.85M 🤞🏻🤞🏻
😅 we are not alone! The competitive atmosphere would just completely take over me. I think that is a good prediction 🤞 Good luck!!
So interesting. Thanks Diane Oz.
Loved this topic and discussion. One of your finest. I am going to go high with the number...$18.5 million USD.
Thanks Jeff! Glad you enjoyed it 😊.
Excellent Conversation :-)
Glad you enjoyed it!
I'm thinking $19.6 M. Enjoyed this video very much! Keep them coming!
Will do! Thank you for watching 😊
With the crazy prices art and sport cards are getting I wouldn't be surprised to see 20+ million.
Worth the wait to watch! People with stupid money will probably spend 14.3 mil total. Going to have to set my calendar so I can watch it live.... I would probably break that money up into several purchases, then go on a vacation to recover, haha. Today, I have a local auction for a Penny Black that is up to $130 that I keep looking at, but with the premium, etc. I will probably spend my money on groceries this week... Too bad it has nice margins and a pretty maltese red cancel...
Thank you Laura! I will also be watching it live 😊. You sound like a much more responsible bidder than I am, kudos! fingers crossed for 14.3🤞 and I hope another PB comes up in your local auction.
Graham, I have enjoyed this episode and enjoy all of your episodes. I would like to give an estimate for the 2 cent magenta that will be auctioned off. I feel it will go for 14,890,000.00 USD. I feel so excited that our hobby is alive and well and we are almost (hopefully) out of this pandemic.
Thank you Jorge! Fingers crossed for 14.89M, I feel like that is a good number 👍
Thanks to all three of you for a fascinating video! Although I probably wouldn’t part with the cash, I think it will sell for $13.88M.
Very interesting episode and fully enjoyed the expertise and knowledge filled discussion. Also agree that it's fascinating with collectors leaving their mark as previous ownership but can complicate things even more with fakes and counterfeits no?
That is a great question! I would imagine that the signatures make it a bit more complex to counterfeit (I could be wrong) but since there are additions over the years, I think that would be difficult to replicate. 🤔.
Excellent discussion - many thanks!. It only needs two buyers to bid it up.. I'll go for Elon Musk vs. Her Majesty the Queen and a crazy 28Million.
That would be epic!! Royalty vs the Musk for the magenta, love it 😊 fingers crossed for 28 mil 🤞
Great interview
Thank you Philip 😊
I'm going to say 12.3 Mil. Another great and informative video!
Glad you enjoyed it! 😊. Thanks for watching.
I will have to think about that as it will take a very long time to sign the back of the stamps lol
11.7 M would be my guess. It would be nice if a collector won the bid and it was a part of what they collect.
I agree, it would be awesome for a collector to get it 🤞 Fingers crossed for 11.7
Gonna put in my max bid for $5
I know my prices, Sotheby's better not lowball me :^))
😂👍
Can you imagine if there was no reserve, and no other bidders turned up?
Frontal Lobes: Thinking the last time I spent $15 million on stamps my wife found out and I had to buy A LOT of chocolates and flowers to calm things down around the house....
Back of Brain: Reaches for Wallet....
LOLLL 😂
😂🤣🤣
Thanks for all the great videos! I'm betting on $13.2m.
Fingers crossed! 🤞
The stamp is dated 4th April 1856. That's 165 years ago last month. The stamp shows a figure[behind the cancelations which can't be seen] if someone could actually delete the cancelations and reveal the figure of what it is...that would be quite amazing. Can any of you with photoshop or Corel Draw ..hey Graham have a try. I think its not ugly at all due to the real stamp image being blotted out. If you reveal the true image i think the stamp would be quite nice. Its a Octagon stamp too...are there other octagon stamps out there? if this is the only one 8 sided then that adds to the value.
$9.7M. Great video and fingers crossed, Cheers guys.
Thank you! 😊🤞
Wow, I need to watch this auction now. I would totally buy the Magenta if I was extremely rich.
Thats why I'm playing the lottery 😅👍
I would say $13.6, another great vid Graham, I wouldn't buy the Magenta myself, there are too many other stamps out there I would love to own :)
Totally agree, you could get a lot of stamps for $15M! 😅. Thanks Karen.
$11,550,000.00 Is my guess as to what the final payment. Price ($9M) + Buyers Premium ($2M) + Taxes ($550K)
🤞😊
Wow! I really think it will sell for around 17 million!
I will be right, or at least closest, I would love to grab lunch with you three! That would be awesome.
If I will be right*
$16,3 M. Great episode. Thanks a lot.
Thank you! Fingers crossed for 16.3 🤞
🙄 7M was the final bid. 8,3M when all costs are added up.
What are the 10 most collected countries?
I think the Queen should by it since it's the only British Commonwealth stamp she doesn't have.
That would be an interesting outcome. Both King George V and King Carol II (Romania) tried to purchase the stamp in 1922 when it was up for auction, both did not succeed of course....so royalty has had a go at it before.
When this sale was announced, I e-mailed the curator of the Queen's collection, asking if he would recommend the purchase to complete Her Majesty's collection. But he said they will not be bidding, saying "when it was last sold we very briefly considered whether a recommendation to Her Majesty might be made, but very quickly came to the view that no attempt to acquire the stamp would be feasible. We took the view then, as did anecdotally King George V when offered the stamp, that the likely cost would be prohibitive." It would certainly be an expensive space-filler ... !
1.22$ ! !! That would make a happy owner , but if sold again that money needs to go to charity!
Agreed 👍🙂
My guess is $14,220,330, thanks!
Graham, I don't know if you enjoy comic books. But you should take a look at the story "Donald Duck and The Gilded Man". The story was first published by Dell in Four Color #422 (September-October 1952). The story references the the legendary 1856 British Guiana 1c magenta where Donald Duck is a knowledgeable stamp collector. Take a look!
Oh absolutely, Stuart weitzman has cited that as one of his inspirations for purchasing the magenta, and I was able to view it at the postal museum when I went there. A comic book inspiring a 9.5 million $ spend! 😅 crazy!
@@ExploringStamps Wow! I didn't know that the comic book had inspired him
For the magenta, I would think that it would sell for 13.8 million dollars. Too bad I don't have them, but i think it would go for that.
Thanks David!! Fingers crossed for 13.8M 😊
Awesome :-)
Thank you :)
I only collect imperforate Magenta coloured stamps in tete-beche pairs, so I don't think I'll bother on this occasion :-)
🤣 ah! Just misses your specialty
WOW!
😎👍
Great video as always ! I think it will sell for $12.4 Million :-)
Glad you enjoyed it 😊. Fingers crossed for 12.4🤞
I really enjoyed the video. I believe it will sell for $14.1 Million. Have a great day! =)
Thank you David, fingers crossed 🤞
Awesome video, enjoyed it a lot! Estimation - 12.5m
Thank you Nikita! Glad you enjoyed it.
@@ExploringStamps What would be your recomendation for a Latvian stamp catalogue?
Very interesting 🤔
What would happen if it sold for less than the Treskilling Yellow? Would that mean it wasn't the most valuable stamp any more or would it still be the most valuable stamp as it sold for $9.5 million last time?
I think it will sell for about $12.5 million though.
What a great question! I would think it gets demoted... it would no longer be the most valuable stamp and the Treskilling Yellow could take the title, although I think the last time it was bought the winning bid was kept confidential.
Whoa, the Gianna took a hit at the auction this morning. A little over 8.3 mil.
It did! Did you see who bought it? Stanley Gibbons, the stamp is now on its way to London.
@@ExploringStamps Interesting! I wonder if it will end up in a private collection of Lillibet's 😉
Great video. I will say 11.4m all in
🤞😊
Great episode! I don't know if i would buy it or not, if you by it than what do you do with it? My guess is that all done it's $12.75 million.
Its a good point. There could easily be "Buyer's Remorse" after purchasing it.... the buyer might think "now what?" lol. Fingers crossed for 12.75 🤞
$16.2m inclusive of buyer's premium but exclusive possible NY sales tax is my guess. That would be a $13.5m fall of the hammer price.
Excellent, thank you Peter!😊
Interesting discussion. I hope the Magenta goes to a collector or a group of collectors rather than an investment trust. I think $14,850,000 (plus taxes if necessary).
I hope the same, a collector would be excellent. Fingers crossed for 14.85 🤞
really nice stamp, question remains. what would you do if you owned one???
Really enjoyed this one. I’m guessing the Magenta will go for $15.2 Million.
👍👍
Great video! 15.4 million USD
👍
Good Episode. I think the Magenta is beautiful. I would guess it will sell for $20.4M (If all your subscribers chip in $1000 that would cover it)
😂 That just makes me realize how much 20 million is, noway that's going to happen lol. Thanks Iain!! fingers crossed for 20.4 🤞
Could we all sign it then?
@@williamgraves2702 As Roy Scheider would say 'Gonna need a bigger stamp'.
@@ExploringStamps I don't think it will reach that high, but it was just easy maths based on your subscribers. But like any auction you only need two people that will pay over the odds to fight it out. You see it on ebay. Things go for well under if only 1 person is interested and people pay over the odds if they are competing with others and are desperate to win (forgetting the actual value for the item)
Hi, I have a question british Guiana 1c magenta they hadn't issued a stamp also 4 cents from 1856 or am I wrong?
Another interesting and exciting episode to watch.
My guess is 13.2M
Thank you Nanda! Glad you enjoyed the video 😊
Thanks for another great episode Graham.
My bid = $10.5 million
I won't go a penny higher...... :-D
Thanks Raul! Not a penny more!! Fingers crossed 😊🤞
This sale will determine the health of stamp collecting as a hobby.
👍. Are you bidding this time James?
@@ExploringStamps I dunno...Its either bidding on this or buying a few islands in the Caribbean.
Really enjoyed the discussion, although the stamp isn’t exactly my cup of tea 😂 I’m guessing it will go for $12.8M 💰
The owners of this marquee stamp is listed on Wiki. Why do you have to sign and deface it?
By the way, June 8 is my birthday. I wonder if Sotheby's have some discount offer.
Oh brilliant, I think Sotheby’s will waive the buyers premium if it’s your bday 😅... maybe not.
The collectibles market has gone bonkers over the past year or so, so I could see this stamp equaling or exceeding the high-end estimate. But, I'll be more conservative and guess $13.5 million as the full cost of the stamp.
Great point!! The price could just skyrocket in the room, who knows 🤞
$15.7 million. And I’m not willing to spend a penny more!
😊 🤞 Fingers crossed for 15.7
$12.75 Million ... includes tracking and free shipping!
😅🤞Fingers crossed for 12.75
Start at 99p and see where it goes!!!
😊👍
That gives me an idea maybe I should sign all the rare stamps in The 20 albums on the back of millions of rare stamps with calligraphy writing all 3 letters Gul
An exciting time indeed! How about $11.25m as a guess? In my utterly ignorant opinion, I personally can't see the sale price jumping that much higher that before, but I am ready to be proved completely wrong!
$12.2M, I thinks it's not too late.😉
I dunno how I feel about signing the stamp, I see both points of view.
Its definitely a controversial debate 😅
The Govt.of Guyana should buy it and bring it back home finally but what are the chances of that.
That would be interesting! 🤔🇬🇾
Big hello 🤩 from Cairo Egypt..i think 🤔 8 million