How much are Penny Black stamps worth?
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. Other than its condition, there are other factors that can affect the value of a Penny Black.
Is a Penny Black stamp valuable?
The Penny Black is not a rare stamp, there were over 68 million printed and it is estimated that approximately 5% still survive. Nevertheless, they can be very valuable with the rarest pieces changing hands well in excess of £100,000.
What’s the most expensive Penny Black stamp?
This stamp was auctioned in New York for $9.5million (£6.4million). It’s in appalling condition and it was not even printed on proper Royal Mail stock.
Who designed Penny Black stamp?
Sir Rowland Hill
Proposing an adhesive stamp to indicate pre-payment of postage – with the first being the Penny Black – in 1840, the first year of Penny Post, the number of letters sent in the UK more than doubled. Within 10 years, it had doubled again….Rowland Hill.
| Sir Rowland Hill, KCB | |
|---|---|
| Awards | Albert Medal (1864) |
| Signature |
When did the Penny Black go out of circulation?
By contrast, the Penny Black allowed letters of up to 1⁄2 ounce (14 grams) to be delivered at a flat rate of one penny, regardless of distance….
| Penny Black | |
|---|---|
| Date of issue | 1 May 1840–February 1841 |
| Printer | Perkins Bacon, London, UK |
| Perforation | None |
| Depicts | Queen Victoria |
WHO issued the Penny Black stamp?
Queen Victoria
Unused block of four “Penny Black” postage stamps of Queen Victoria issued May 6, 1840. The “Penny Black” is the first stamp issued by Britain.
How many penny black stamps are there in the world?
68,808,000 stamps
A total of 286,700 sheets – containing 68,808,000 stamps – were made available and around 1.3 million are estimated to still exist.
What was the purpose of the Penny Black stamp?
Featuring a profile of Queen Victoria, the Penny Black was the world’s first adhesive postage stamp to be used in a public postal system. This historic stamp allowed people to send letters weighing up to half an ounce (14g) to be delivered for the flat rate of one penny, regardless of the distance travelled.
How much does a penny black stamp cost?
However, in 2019, a Penny Black can cost as little as £15 to £30 if it’s in poor to reasonable condition. You might have to pay between £40 to £150 for a specimen of better quality, whereas a fine used example could fetch around £250 to £400.
When was the Penny Black first used in the UK?
Although he put forward his idea in 1837, it was not until three years later on 1 May 1840 that the Penny Black was first issued in Great Britain – even though it was not valid for use until 6 May. Featuring a profile of Queen Victoria, the Penny Black was the world’s first adhesive postage stamp to be used in a public postal system.
Which is the rarest of the Penny Black Stamps?
As outlined in the table above, the rarest Penny Blacks came from plate 11 from which only 168,000 stamps were produced. This plate was originally created to print the Penny Reds which were set to replace the Penny Black.