British Guiana Stamp Sells for Record $9.5 Million

June 18, 2014 9:06 AM

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British Guiana Stamp Sells for Record $9.5 Million

The hefty price, which includes the buyer's premium, makes the one-inch by one-and-a-quarter-inch stamp (2.5 cm by 3.2 cm) printed in black on magenta paper the most expensive stamp ever sold at auction, and the most valuable object by weight and size, according to the auction house.

An anonymous telephone bidder purchased the stamp during the bidding in the packed auction.

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