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Stamps from bond billionaire Bill Gross went for 10 million dollars

2018-10-22 Mon

On Wednesday in New York, a record for a single-day auction dedicated to Philately when stamp for Bond billionaires Bill Gross’ collection sold for 10 million dollars.

This lot was offered by Robert A. Siegel Auction Galleries Inc, the first in a series of sales of Mr Gross stamp over the next two to three years. A handful of the specimen from the lot of 106 was sold. The top lot was a centre-inverted block of four stamps from 1869 fetched 737,500 dollars. A blue Hawaiian missionary stamp from 1851 was second highest bided stamp sold for $619,500. The bible black of six was sold for 590,000 dollars.

All the specimens were sold above their estimated price, this auction was a huge success for all the stamp lover and collectors.

Image Courtesy: www.investmentnews.com