Democratic Sentinel, Volume 19, Number 14, Rensselaer, Jasper County, 12 April 1895 — Expensive Stamps. [ARTICLE]
Expensive Stamps.
The Philatelic world has been fluttered by a recent important event, for it is announced that the viCe president of the London Philatelic Society has sold all his stamps. The affair certainly becomes interesting when we learn the price commanded by the few thousand little bits of paper. A flrm which deals in these light and airy trifles secured the vice president’s entire collection, and gave no less than $50,000 for it. This, we understand, is the largest price ever paid for a collection of stamps, though it is said that the treasures in this sort recently bequeathed by a member of Parliament to the British Museum would have fetched a higher figure if put up to public auction. A London establishment is just now advertising a single stamp, valued at $12,500, but whether any intended purchaser will be found willing to receive it in exchange for that sum remains to be seen. The Duke of York, already known as a keen connoiseur, is said to Ite anxious to purchase this great stamp. Exerts declare that there is no better investment for money nowadays than stamps. If that be so they will become an object of fascination to many who at present take little delight in them.— Black and White.
