The One-cent Magenta

The One-cent Magenta

Inside the Quest to Own the Most Valuable Stamp in the World

Book - 2017 | First edition
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"When it was issued in 1856, it cost a penny. In 2014, this tiny square of faded red paper sold at Sotheby's for nearly $9.5 million, the largest amount ever paid for a postage stamp at auction. Through the stories of the eccentric characters who have bought, owned, and sold the one-cent magenta in the years in between, James Barron delivers a fascinating tale of global history and immense wealth, and of the human desire to collect"-- Provided by publisher.
Contents: Stamp World
Travels with David
One cent (1856: printed, sold, and forgotten)
Six shillings (1873: found by a twelve-year-old)
£120 (1878: Glasgow and London)
£150 (1878: the man in the yachting cap)
$32,500 (1922: the plutocrat with the cigar)
$40,000 (1940: the angry widow, Macy's and the other plutocrat)
$286,000 (1970: the Wilkes-Barre eight)
$935,000 (1980: "the man showed up")
$9.5 million (2014: "I expected to see magenta, and I saw magenta"
Publisher: Chapel Hill, North Carolina : Algonquin Books of Chapel Hill, 2017
Edition: First edition
Copyright Date: ©2017
Branch Call Number: 769.569 B
Characteristics: 276 pages ; 19 cm
ISBN: 9781616205188
1616205180

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l
legadillo
Feb 22, 2018

Hard to believe a tiny square of beat-up paper can be worth so much.

s
secondhandrose
Aug 08, 2017

I loved this book. A bit of history, a bit of mystery, some biography and some travel. I devoured this in a couple of hours. Great book!

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