The Post Office finally decided to inaugurate regular service on May 15, 1918, flying between Washington, D.C., Philadelphia, and New York City. These were shown by the first stamp in the world to picture an airplane (captioned as "aeroplane carrying mail"), one of the U.S. 7 Position 49 stamp located after missing for 100 yearsĭuring the 1910s, the United States Post Office had made a number of experimental trials of carrying mail by air.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. On 15 November 2018, the recently discovered position number 49 stamp was auctioned by Robert A.
#Airmail 5 cent airplane stamp value professional#
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 The addition of a 15% buyer's premium raised the total record high price paid for this copy to $1,351,250. Between January and September 2014, five examples offered at auction sold for sums ranging from $126,000 through $575,100. In the wake of the 2008 financial meltdown, prices fetched by Inverted Jennys receded. Siegel auction in October 2005 for $2.7 million. A block of four Inverted Jennys was sold at a Robert A. The broker of the sale said the buyer was a Wall Street executive who had lost the auction the previous month.
In December 2007 a mint never hinged example was sold for $825,000. Siegel auction in November 2007 for $977,500. Only one pane of 100 of the invert stamps was ever found, making this error one of the most prized in philately.Ī single Inverted Jenny was sold at a Robert A. The Inverted Jenny (also known as an Upside Down Jenny, Jenny Invert) is a 24 cent United States postage stamp first issued on May 10, 1918, in which the image of the Curtiss JN-4 airplane in the center of the design is printed upside-down it is one of the most famous error in American philately. American postage stamp with design error Inverted Jenny
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