Unexpected Treasures: The Case of the International Stamps
Luxist reader Beth reports that she received the collection from her grandfather. The stamps included the first one shown above which appears to be an error from Nicaragua. Stamp errors can in some cases be worth millions. The Inverted Jenny is the most famous example of this type of error which occurs when a sheet gets flipped upside down between press runs. The stamp shown at right isn't a true error. Charles Shreve says that it is what is called a freak rather than a true error which refers to an inverted center, a missing color or another major defect. This stamp is a misperforated stamp which is not unusual on this particular series of stamps from Nicaragua, which are called "Seebeck" issues. It has very little commercial value.
Beth also has two full sheets of 100 of German Olympic stamps which have never been broken up. Charles Shreve says that these are special sheets prepared for stamps to be sold in small "booklets." This fact is explains why there are different designs and values within the same sheet (most sheets contain one design and value). Theses sheets after printing were to be broken up into smaller units and bound in small booklets for sale to the general public. Shreve reports that these are collectible and could be worth a couple hundred dollars to those interested in German stamp collecting but he also says that the German philatelic market is one of the weakest in the world at this time.
Thanks to Donn Pearlmann and Charles Spink for their help on this case.
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