The stamp is famous for its fascinating details, and could fetch up to $5 million
Here’s something for serious stamp collectors only. This summer, philatelists will have a chance to snag the rarest US stamp ever: the 1868 one-cent “Z-grill.” Interested? It’ll cost you a pretty penny. On June 14, the one-cent Z-grill will be put up for sale by Robert A. Siegel Auction Galleries, marking the first time the rare stamp has been on auction since 1998.
” This elusive stamp has a lot of lore behind it The one-cent Z-grills were produced in 1868. According to Trepel, this particular one was discovered in 1916 and reemerged in 1957. The stamp came on the market in 1975, selling for $42,500, and again in 1977, this time selling for $90,000, according to the auction house. Eventually, it was acquired by Los Angeles Lakers owner Jerry Buss, who sold it in 1986 for $418,000. The one-cent Z-grill came up for auction once again in 1998.
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