1932 Russia souvenir sheet to auction for $140,000+ at Cherrystone

One of just 25 known stamp souvenir sheets from the 1932 All Soviet Philatelic Exhibition in Russia will see some of the highest bids in Cherrystone Auctions' November 6-7 auction in New York.

Russia 1932 Souvenir Sheet
The souvenir sheet is among the finest of the 25 known examples

The sheet highlights the Russia section of the sale, and is currently selling at $140,000.

A sheet of four on thick card, it bears the two line overprint "Lutchemu Udarniku", which translates as "To the best shock worker - All Russia Philatelic Society". It is in unused condition, without gum as issued, and has "perfect sharp corners".

The sheet does bear almost imperceptible toning, as is usual on this issue, with slight shading at the bottom. In very fine condition, it is one of the best examples of the 25 known copies in existence, according to Cherrystone.

The sheet will be accompanied by a 2003 Mandrovski certificate.

As Russia's middle-class continues to grow, more and more collectors are joining the stamp collecting hobby and the market is now stronger than ever. At Cherrystone's July sale, a block of four 18k stamps from the 1925 definitive issue sold for $28,000 to lead the auction.

Leading among the US stamps offered in the auction is a superb example of the 1875 Special Printing 1c ultramarine, with is one of only 44 certified examples known to exist. Unused without gum as issued, it is a stunning example, graded very fine with beautiful colour and wide margins.

It is currently at $9,500, but will undoubtedly rise as the sale nears its close.

Paul Fraser Collectibles has a fantastic selection of rare stamps for sale, including some of the most sought after rarities from Great Britain and the Commonwealth.

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