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This summer, philatelists will have a chance to snag the rarest US stamp ever: the 1868 one-cent “Z-grill.”Interested? On June 14, the one-cent Z-grill will be put up for sale by Robert A. Siegel Auction Galleries, marking the first time the rare stamp has been on auction since 1998. Of the two known copies of the one-cent Z-grill, one is held by the New York Public Library. That leaves only one one-cent Z-grill available to private collectors. “There’s multiple stamps that’ll bring $500,000 or $750,000, but the (one-cent) Z-grill is the star of the show,” Shreve said.
Persons: Robert A, Bill Gross, “ It’s, , Charles Shreve, Gross, , Benjamin Franklin, Scott Trepel, ” Trepel, Trepel, Jerry Buss, Shreve, , ’ ” Shreve, Don Sundman, ” Shreve Organizations: CNN, British, New York Public Library, US Post, Los Angeles Lakers, Pacific Investment Management Company, US Postal Service Locations: New York, British Guiana
A historical documents dealer announced the discovery of a long-lost letter from George Washington. The 1787 letter shows that the future first president was once hard-pressed for cash. In the letter, Washington wants to sell a 1,644-acre tract of land, called Washington's Bottom, in western Pennsylvania. "To raise money is the only inducement I have to sell it," Washington wrote. Now, the historical documents dealer is putting the letter up for sale, valuing it at $50,000, according to a press release.
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