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World’s rarest stamp expected to fetch £10 million at auction

The world’s rarest stamp – the British Guiana One-Cent Magenta – is expected to sell for £10 million.

The stamp was made in 1856 and is the only known copy to exist.

Although printed in its thousands the low-cost stamp and used for newspaper deliveries and most were thrown away.

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Stamp expert David Beech said:

“It is the Mona Lisa of philately.

“It is the one stamp that every philatelist and every collector would have heard about and seen an illustration of.”

The stamp – given its size, weight, and value – is said to be the most expensive item in the world.

It is on display at Sotheby’s in London before its auction in New York.

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