A rare 90-cent Lincoln stamp that was stolen and missing for 39 years, auctioned last Saturday for $431,250. The stamp had been in a collector's safe in Indianapolis when it vanished in 1967. It resurfaced at a house in Chicago in 2006 and the police were notified. The stamp was on an envelope referred to as "The Ice House Cover" that was mailed from Boston to the Ice House in Calcutta, India in 1873. The seller was Robert A. Siegel Auction Galleries, Inc. of New York City.
Wednesday, June 17, 2009
MISSING STAMP GOES FOR RECORD PRICE
A rare 90-cent Lincoln stamp that was stolen and missing for 39 years, auctioned last Saturday for $431,250. The stamp had been in a collector's safe in Indianapolis when it vanished in 1967. It resurfaced at a house in Chicago in 2006 and the police were notified. The stamp was on an envelope referred to as "The Ice House Cover" that was mailed from Boston to the Ice House in Calcutta, India in 1873. The seller was Robert A. Siegel Auction Galleries, Inc. of New York City.
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2 comments:
How do you sell something that has been stolen. What happens about the original owner?
Did the other two stamps on the envelope have any value? What made the Lincoln stamp so much more valueable?
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