Rare stamp fetches $27,000 

Published: 6:59PM Saturday November 07, 2009

Source: ONE News

Rare stamp fetches $27,000 (Source: Reuters)

Source: Reuters

One of New Zealand's rarest stamps has gone under the hammer in Wellington, selling for $27,000 to an overseas buyer.

The stamp was printed to coincide with the planned 1949 visit of King George VI to New Zealand which was cancelled because the king was unwell.

The stamps were ordered to be destroyed.

"During the destruction process the person responsible for overseeing it accidentally or deliberately put some in his pocket...they have survived today. We believe there's four of them known in the world," says John Mowbray from Mowbray Collectibles.

The auction of hundreds of thousands of stamps was the largest ever held in New Zealand and worth nearly $2 million.

It also included one of the country's first stamps from 1855 which sold for $12,500.


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Provocative, unflinching, Thursday 9:30pm
Back Benches - giving politics back to the people
The way New Zealand wakes up weekdays, 6:30am
No one gets you closer, weeknights 7pm
Looking out for the little guy, Wednesday 7:30pm
Meet the people that bring you the news
TV ONE weekdays, 6am
The home of NZ politics - Sunday, 9am TV ONE
Where there's a story, we'll find it, Sunday 7:30pm
Te Karere, Maori News - 4pm weekdays, TV ONE
News on digital channel TVNZ 7

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