A 1928 5d Athens Academy inverted centre, one of the rarest stamps in Greek philately, has auctioned for $5,000.
The stunning error was among the stars of Cherrystone Auctions’ Rare Stamps and Postal History of the World sale from February 6 to 7.
One of just 16 known examples of this invert error
Rarity was a key reason for the strong showing. It is one of only 16 known examples of this error. The majority of those 16 have faults, yet this is a scarce pristine example.
Cherrystone explained prior to the sale that this was “an opportunity to acquire a treasure of Greek philately in perfectly sound condition, with an unobtrusive cancel."
The stamp’s nice centring also boosted its value.
The Athens Academy was built in 1926, two years prior to the stamp that bears its image. The Academy is Greece’s main research centre.
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