The 1899 Straits Settlement 4c stamp will auction in Singapore. Its estimated value is announced!

August 15th, 2016 would like to let our readers know about an upcoming Spink stamp auction during which a great number of rarities are to be sold.

One of them is an 1899 Straits Settlement 4c stamp that is valued at US$22,269-29,693 ahead of an auction at Spink Singapore. Be the lucky one to own this precious philatelic item!

Straits Settlements (on or near the Malacca Strait, hence the name) was a group of British territories established in 1826 by the British East India Company.

The earliest postal service started in the 1850s when Indian stamps were used in the original settlements of Malacca, Penang and Singapore. These were later merged to form the Straits Settlements Crown Colony and the first Straits Settlements stamps were issued from 1867, originally as overprints on Indian stamps, then a sideface QV set in 1867. This design was constantly overprinted and surcharged as mail rates changed providing collectors with a wealth of varieties.

The lot is one of nine surviving "surcharge omitted" specimens to bear this date and denomination. The stamp is missing its surcharge. The surcharges were introduced due to shortages of stamps in the Straits throughout the 1800s. The region comprised modern day Malaysia and Singapore. It remained a British crown colony until 1946, barring a short occupation by the Japanese in 1942-1945.

The auction will take place on September 10.

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