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| | Second Rarest Stamp in the World Found?? (Site not responding. Last check: 2007-10-09) |
 | | Certainly on of the ugliest stamps in the world, the "Penny Magenta" was not considered particularly important at all during the first 50 years after it was discovered by Vernon Vaughan, an English schoolboy, in 1872. |
 | | Ferrary had bought the stamp from a British dealer for only 120 pounds, but when his collection was sold at auction after World War I, its status as being an amazing "one of a kind" rarity caused Utica, New York, millionaire Arthur Hind to pay over $35,000 for it---a record sum at the time. |
 | | Simultaneously, rare stamp dealer Irwin Weinberg of Wilkes Barre, Pa., formed a syndicate with the goal of purchasing the stamp at the Siegel auction in January, 1970. |
| www.stamps.net /newswr44.htm (795 words) |
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