March 29th, 2018

24¢ 1869 Inverted Center block will highlight Gross` Collection sale. The lot is to fetch $1,000,000! is excited to share the latest and the most exciting philatelic news with our readers. This piece of info is about one more interesting lot that will feature in the auction of Bill Gross' US postage stamp collection. This is the 24¢ Inverted Center block that is considered to be one of the most wonderful of all the surprising survivals in philatelic material. The estimated value of this interesting lot is $750,000-1,000,000.

The 1869 inverted center stamps were not only the first bicolored stamps issued by the United States, they were also the first errors that the Post Office Department would have classed as errors. 

The Unique Block of the 24¢ 1869 Pictorial Inverted Center, discovered on a package wrapper with two other invert error stamps in Liverpool, England, during the 1880s and sold to a local stamp collector for £5. It soon was purchased and subsequently sold by the president of Crocker National Bank and Ryohei Ishikawa before ending up in Gross’s collection. The block is expected to reach $750,000-1,000,000.

We would like to remind you that Siegel Auction Galleries will hold the first in a series of four sales of William H. Gross’s stamp collection that contains the most valuable items in the history of US philately this September. The auction is expected to break the $9.1 million, single-day record for the highest grossing stamp auction set in 2007. The September 2018 auction will return to the market items not available for decades and the collectors from around the world are eagerly waiting for an opportunity to acquire these iconic treasures. 


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