What is a Penny Red stamp?

What is a Penny Red stamp?

The Penny Red was a British postage stamp, issued in 1841. It succeeded the Penny Black and continued as the main type of postage stamp in the United Kingdom of Great Britain and Ireland until 1879, with only minor changes to the design during that time.

Is my Penny Red stamp worth anything?

With more than 21 billion Penny Reds produced and used, the truth is that they are NOT rare – and usually NOT very valuable.

What does a plate 77 Penny Red look like?

The Plate 77 Penny Red is a stamp that young collectors of British stamps dream about. Along with the British Guiana one cent Magenta, it is one of those stamps that every budding philatelist hopes to find in a dealer’s box or a book of “approvals”.

Are red pennies valuable?

The value of a penny is one cent. Actually, pristine “red pennies” can be worth quite a bit more than their face value and for many reasons. Red pennies worth over $200,000 are common, but should still raise eyebrows.

Are one penny stamps valuable?

A stamp originally worth just one penny has sold for £495,000 pounds ($707,000) to a private buyer in the United Kingdom. The “Plate 77 Penny Red” sold is only one five in the world according to Stanley Gibbons Investment, who conducted the sale.

How do I know if a stamp is valuable?

How to Determine Stamp Values

  1. Option 1: Find out the Stamp Values by Yourself. Identify the stamp.
  2. Option 2: Check out a Printed Reference.
  3. Option 3: Research the Stamp Values via the Internet.
  4. Option 4: Attend a Stamp Show.
  5. Option 5: Find out the Stamp Values via a knowledgeable Stamp Expert, Dealer or Appraiser.

Why is my old penny red?

Oxygen, water vapor, and various acids react with the copper and cause it to tarnish. This oxidation, combined with other chemical reactions, results in its natural bright reddish orange color to gradually turn into a deep chocolate brown color known as patina.

How much is a penny stamp worth?

No matter where you are in your collection, Apfelbaum, Inc. has Penny Black stamps for sale to satisfy the needs of any philatelist. Penny Blacks can cost anywhere between $100-350 for an example in good condition. However, mint Penny Blacks may fetch upwards of $3000 at auction.

Is a red penny worth anything?

  • October 5, 2022