Rarest stamp from Guyana on loan to famous museum

Rarest stamp from Guyana on loan to famous museum

Dec 06, 2018 News, https://www.kaieteurnewsonline...an-to-famous-museum/

The British Guiana One-Cent Magenta, the world’s rarest and most expensive stamp, is currently on loan to the Smithsonian National Postal Museum by its owner, world-renowned shoe designer, Stuart Weitzman.

The British Guiana One-Cent Magenta stamp

Recently, Ambassador of the Co-operative Republic of Guyana to the United States, Mr. Riyad Insanally, visited the museum in Washington, DC to view the stamp. He said he was “delighted to see a bit of Guyanese history” and looked forward to the day when the stamp could be displayed in Guyana.

The One-Cent Magenta will be on display at the Smithsonian National Postal Museum indefinitely.

The One-Cent Magenta stamp has been hidden from view for a significant part of its more than 150-year history.

Luxury shoe designer Stuart Weitzman had reportedly acquired the stamp for US$9.5M several years ago but it is said to worth much more now.

That colorful history of US$9.5 million tag —almost one billion times its face value —is chronicled in a new book by New York Times reporter James Barron. It’s said to be the only British colonial stamp Queen Elizabeth does not own.

Ambassador of the Co-operative Republic of Guyana to the United States, Riyad Insanally

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