inverted jenny value
This 24-cent postage depiction of the biplane honors the “Postman of the Skies.” Inverted Jennies are not the most expensive stamps in the world — that title belongs to the one-cent magenta from British Guiana, the only one of which sold for $9.5 million in 2014. GOLD REPLICA 1918 AIR MAIL ISSUE INVERTED JENNY AIRPLANE. 1918 USA – 24 cents red/blue Curtiss JN-4 H “Jenny” airmail postage stamp. Inverted Jenny. The Inverted Swan was issued in Perth, Australia in 1855, when a complicated process of producing these stamps through lithography was followed. The souvenir sheet was printed using the intaglio printing process … FDC 22KT. On 15 November 2018, the recently discovered position number 49 stamp was auctioned by Robert A. Siegel Auction Galleries for a new record hammer price of $1,350,000, with an 18 percent buyer's premium raising the total cost to US$1,593,000. Individuals purchasing one of the 100 non-inverted Jenny sheets find a congratulatory note inside the wrapping asking them to call a phone number to receive a certificate of acknowledgement signed by Postmaster General Patrick Donahoe. While he has passed ownership on, his name will remain in the historic record of an elite group of owners of the stamps, the most expensive of which sold for about $1.5 million. [36], In addition to the 2.2 million sheets printed with the plane inverted, the Postal Service announced it also printed 100 "non-inverted Jenny" souvenir sheets, with the plane flying right side up. [20], Aside from having the biplane printed upside down, the inverted Jenny has become famous for other reasons as well. Pos. 2017 Scott Cat. $4.99 In 2014 Donald Sundman of the Mystic Stamp Company offered $100,000 in reward money—$50,000 for the two stamps that were still missing—to anyone who could bring them to their rightful owner. The sender did not include any identification with the ballot, which automatically disqualified the ballot. [2] In December 2007 a mint never hinged example was sold for $825,000. The seller was a British citizen in his 20s who claimed to have inherited it from his grandfather and knew little about the stamp's provenance. Ships same or next business day. 1 of 2 to achieved this Lofty grade. The Post Office set a controversial rate of 24 cents for the service, much higher than the 3 cents for first-class mail of the time, and decided to issue a new stamp just for this rate, patriotically printed in red and blue, and depicting a Curtiss Jenny JN-4HM, the biplane especially modified for shuttling the mail. Treskilling Yellow, 1855. It wasn't just on Winter's forgeries. [23] Mrs. McCoy’s will had made the American Philatelic Research Library the legal owner of all four stamps in the block. Trepel has previously sold an 85-grade Inverted Jenny for $935,000, the current record price for a single Inverted Jenny. Owning the Jenny Invert inspired Miller to pursue other rare and valuable US stamps, and he devoted 10 years to building the most complete 19th century stamp collection in history. “I got in early and bought one for $250 and commission,” said Miller. “Some people have said, that is not very much—but every single year? The "Inverted Jenny" was the most requested postage stamp for viewing by visitors at the museum. [3] A block of four Inverted Jennys was sold at a Robert A. Siegel auction in October 2005 for $2.7 million. Since the stamp was printed in two colors, each sheet had to be placed into the flat-bed printing press twice, an error-prone process that had resulted in invert errors in stamps of 1869 and 1901, and at least three misprinted sheets were found during the production process and destroyed. With an additional 18% auction commission fee, a private collector’s final purchase price for the Inverted Jenny postage stamp was $253,700, Scott Trepel, president of Siegel Auctions, said. That is just fine,” he said. U.S. # 4806a 2013 $2 Inverted Jenny Single Discovery Of The Inverted Jenny On May 14, 1918, stamp collector William Robey dis Apparently Green's wife mailed one which, while recovered, is the only cancelled sample. [1], During the 1910s, the United States Post Office had made a number of experimental trials of carrying mail by air. The number of lost stamps then became six. [5] Prices eventually recovered, for on May 31, 2016, a particularly well-centered Jenny invert, graded XF-superb 95 by Professional Stamp Experts, was sold at a Siegel Auction for a hammer price of $1,175,000[6] The addition of a 15% buyer’s premium raised the total record high price paid for this copy to $1,351,250. [9], Many collectors long thought the blue plane portion was printed first, thus it was actually the red frames that were inverted. [14] The postal clerk who sold the sheet later said he did not realize the image was inverted because he had never seen an airplane before.[15]. and on national network news. Mistakes sometimes yield great value, as demonstrated by this entrant on our list of most valuable American stamps. Get the best deals for inverted jenny at eBay.com. By completing this trade, Gross became the owner of the only complete collection of U.S. 19th century stamps. In fact, the frames were printed first and it is the planes that are upside down. The spurious perforations on position 4 have been trimmed away, but traces of them are still discernable along the narrow margin that remains). [12][13] He paid for the sheet, and asked to see more, but the remainder of the sheets were normal. Learn how and when to remove this template message, "Inverted "Jenny" Plate Block Sells for $2.7 Million hammer! As only six such aircraft existed, there was a 1-in-6 chance that the very plane engraved on the stamp by Marcus Baldwin—Jenny #38262—would be chosen to launch the inaugural three-city airmail run; the plane on the stamp was indeed the first to depart from Washington on May 15, taking off at 11:47 A. M.[8], The job of designing and printing the new stamp was carried out in a great rush; engraving began only on May 4, and stamp printing on May 10 (a Friday), in sheets of 100 (contrary to the usual practice of printing 400 at a time and cutting into 100-stamp panes). Shortly after purchasing the Inverted Jennys he proceeded to trade them with Donald Sundman, president of the Mystic Stamp Company, a stamp dealer, for one of only two known examples of the USA 1c Z Grill. [17][18] For many years, only five examples, in fact, were known to have survived in never hinged condition. However, in 2007 a copy came to light that had not been seen since Eugene Klein broke up the sheet, and was offered for auction that June. [14] Klein placed an advertisement on the first page of the May 25, 1918 Mekeel’s Weekly Stamp News offering to sell copies of the invert ($250 for fully perforated examples, $175 for stamps with one straight edge), but announced in his following week’s ad that the entire sheet had been purchased by an individual collector. #01332890. 2014 "Inverted Jenny" unused postage stamp. Between January and September 2014, five examples offered at auction sold for sums ranging from $126,000 through $575,100. Additional details of the day's events are not entirely certain—Robey gave three different accounts later—but he began to contact both stamp dealers and journalists, to tell them of his find. Klein advised Green that the stamps would be worth more separately than as a single sheet, and Green went along. [28], The Jenny invert is so famous in the philatelic community—and the general public as well—that the complete history of all sales have been publicly documented. Thus not even the promised 100 were made available to the public. $2.49 + shipping. We have a great online selection at the lowest prices with Fast & Free shipping on many items! The Service's general counsel was aware of the plan but formal approval by the legal department did not occur. The 2020 Scott Specialized Catalogue of United States Stamps and Covers values the variety (Scott 4806d) at $70,000, with that figure in italics to denote an item that can be difficult to value accurately. 49. All sheets are individually wrapped in sealed envelopes to recreate the excitement of finding an Inverted Jenny when opening the envelope and to avoid the possibility of discovering a corrected Jenny prior to purchase. Only 100 were ever released, sold on a single sheet for a total face value of $24 on May 14, 1918 to celebrate U.S. airmail service. value 35€; Scott C3 For some reason or another, at least one pane of 100 24 cents stamps with inverted center of the design was sold out to customers, creating one of the rarest and most sought stamp printing errors. a secret for 43 years until just last month, Senior quarterback tries to change narrative at Bloomfield Hills, War, depression, devastating tragedy: Pandemic isn't their first, or worst, hard time, Your California Privacy Rights/Privacy Policy. United States FDC 22kt 24¢ Inverted Jenny Reproduction May 13, 1918. 1. The Inverted Jenny appeared in several TV shows and films, including Brewster's Millions, the episode "Homer's Barbershop Quartet" of the animated tv series "The Simpsons", and the episode "One Big Happy Family" of the legal drama For the People. [31], In November 2006, election workers in Broward County, Florida, claimed to have found an Inverted Jenny affixed to an absentee ballot envelope. This represented the most expensive stamp ever given away in any sort of promotion. Follow her on Twitter @SusanBromley10. This gold and glass locket displayed the inverted Jenny on one side, and a "regular" Jenny stamp on the other. The "Inverted Jenny" was the most requested postage stamp for viewing by visitors at the museum.[22]. It was also found that the Service's stamp fulfillment center in Missouri had accidentally failed to distribute 23 of the 30 sheets it was supposed to randomly mix in with orders (the other 70 went to local post offices). 2 Sound NG last sold 2007 Pos. Only one pane of 100 of the invert stamps was ever found, making this error one of the most prized in philately. 2.7 million hammer the buyer was a forgery shipping on many items block of four Jennys! 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