US: Inverted stamp collection sells for more than $US5 million
20 Jun 2009 12:17 PM
NEW YORK, June 19 AP - A collection of more than 3,000 inverted stamps has sold at auction in New York for more than $US5 million ($A6.25 million).
The two-day auction by Spink Shreves Galleries ended on Friday.
The collection was amassed by Pittsburgh stockbroker Robert H. Cunliffe, who died last year.
Charles Shreve, president of the Dallas-based gallery, says it was the most comprehensive collection of inverts ever formed.
Inverted stamps result when different colours and elements are printed in separate press runs and a sheet gets flipped upside-down between press runs.
Cunliffe's collection included an "inverted Jenny", a famous US stamp from 1918 featuring an upside-down biplane.