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Defects that cost millions

Published: 17 June, 2009, 14:30

Image from Spink Shreves Galleries

Image from Spink Shreves Galleries

TAGS: Art, Thrills&Spills


A collection of defective postage stamps will be sold for the incredible sum of nearly US$4 million!

The Spink Shreves Galleries auction house is planning to sell a stunning collection of postage stamps. According to the Associated Press, the collection comprises some 3,000 items with printing errors. Its owner, Pittsburg resident Robert H. Cunliffe, died last year aged 83. Robert was a former serviceman and a passionate collector, and succeeded in finding and buying practically all defective stamps.

The part of the collection that is expected to go for the most is a series of stamps with an ‘upside down’ picture. They are supposed to be extremely costly – four ‘inverts’ from 1901 featuring a battery car will go for at least US$300,000!

The collection also includes a so-called ‘Inverted Jenny’ – a well-known U.S. stamp from 1918 featuring an upside-down biplane that will supposedly bring $150,000.

Cunliffe is known to have started collecting at the tender age of three. Back then his family lived upstairs from a liquor store and the boy had free access to the stamps on the boxes of wine.

Robert Cunliffe’s collection of revenue stamps was sold in June 2008 for the astounding sum of $2 million.
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