Fiji Sun

Rare three penny stamp sells for NZ$62K

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Wellington: A rare New Zealand stamp with an auction estimate of NZ$50,000 (F$72,627) went under the hammer for NZ$62,000 (F$90,057) in Wellington at the weekend.

At the same auction, an envelope bearing three post-marked New Zealand “penny claret” stamps from 1907 sold for NZ$84,000 (F$122,013), which was NZ$4000 (F$5810) above its pre-sale estimate.

They were among 1987 lots of stamps, coins, medals and banknotes, varying in age, origin, condition and rarity, for sale in what was the largest auction of its type held in New Zealand, attracting hundreds of bidders worldwide.

An Auckland buyer took away the NZ$62,000 (F$90,057) stamp, a mint-condition three-penny HMS Vanguard stamp, one of only seven known examples.

It was printed in 1949 for the scheduled visit of King George VI. However, because of the king’s ill health, the visit was cancelled and the stamps were ordered to be destroyed. One sheet was “liberated” before it could be burnt in the furnace. Auctioneer John Mowbray, of Mowbray Collectabl­es in Otaki, said there was also keen interest in an Victorian “penny black” and “two-penny blue” British line engraved stamps, selling for up to $35,000 each.

There was also strong interest in the coins, banknotes and medals.

Highlights included a gold medal marking the death of Sir Winston Churchill in 1965, which was bought for almost NZ$7500 (F$10,894). The top New Zealand coin was a 1935 Waitangi Crown, bought for just over NZ$6500 (F$9441).

A gold stater coin of the Iceni tribe of Queen Boadicea reached $5850. The top New Zealand banknote, a 1940s Hanna £50 note, sold for just over. NZ$4000 (F$5810).

 ??  ?? The mint-condition HMS Vanguard stamp, which had a pre-sale estimate of $50,000, sold for NZ$62,000 in Wellington on Saturday.
The mint-condition HMS Vanguard stamp, which had a pre-sale estimate of $50,000, sold for NZ$62,000 in Wellington on Saturday.
 ??  ?? This envelope bearing three postmarked New Zealand “penny claret” stamps from 1907 sold for NZ$84,000.
This envelope bearing three postmarked New Zealand “penny claret” stamps from 1907 sold for NZ$84,000.

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