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Reply to "British Guiana One-Cent Magenta stamp auctioned for US$8.3m"

@Mr.T posted:

The previous owner scribbled his initials on the back of the stamp. He also stored it in very poor conditions. The colour has faded away considerably compared to the picture of it at the top of this thread.

This explains why the stamp sold for less than it was bought several years earlier.  It fetched about half of what was expected.

T
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