The story behind the One-Cent Magenta stamp worth $9.5M

The Smithsonian is now home to the world's rarest stamp worth $9.5 million. The One-Cent Magenta has been hidden from view for a significant part of its more than 150-year history. Thanks to luxury shoe designer Stuart Weitzman, the stamp is now on display for all to see. Jan Crawford reports.
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[@johngreen3543]

I gave a short speech about this stamp in my speech class in 1958. It was worth only $250,000 at that time. Wow! 9.5 million is nothing but inflation. I also learned history from stamps.

[@kokeskokeskokes]

Out of sight, out of mind. No stamps appear on the letters these days. Why would one strive to buy a missing stamp if noone is collecting stamps? It will likely prove to be a bad investment.

[@gabe-po9yi]

Great story, very well done. Kudos to Jan Crawford for her interview and reporting skills.

[@tarawattitomby6249]

I am from Guyana and I appreciate how you help to keep our country on the map. Thank you Sir.

[@IIoveasl10]

Mister Witsman, congratulations for getting that stamp, and the story is great. I am a stamp collector since the age of 8, but I don't have valuable stamps...just what I can afford. And Peole give me their stamps, because they are of no interest to them....but I love them. Great story. David

[@zoomed66]

Noway I found 2 stamps that look just like this in my grandfather's attic

[@englishcountryside4581]

Seen it at Sotheby's in New York. Couldn't believe my eyes.

[@RhysticStudies]

this video is the premise of The Lord of the Rings.

[@federicovelutini6115]

What are the odds, I came here after rewatching your video on the Black Lotus to find out more about the stamp you mentioned near the beginning, and here you are.

[@listentothewind769]

Guys my dad had This stamp it was passed down

[@GULFRAZMAJEEDseye8eyes]

Well established stamp collecting Britain London but one thing is missing weekly magazine before decimalisation 1970 stamp collecting in shillings weekly magazine not found anywhere around the world

[@Piggy991]

Nice to see it in hands of an enthusiast and not a get-rich-quick schmuck

[@dyranism]

So if I go through my granny old mail and found one, how much will I get $4.7 million???

[@englishcountryside4581]

It would have to be your 5th great granny. This stamp is over 150yo.

[@silencedogood5766]

Only 1 ever made so good luck 🤣

[@pythoncodingtutorials4471]

@@silencedogood5766 Correction: multiple were made and only this one survived

[@moose7561]

I'm here after Harry talked about valuable stamps.

[@kewward3741]

I have one...

[@josephsmith1893]

There are some people out there with too much money. I never buy any brand name clothing, shoes, or any other products. There is no way I will ever support a brand or their people.

[@sitiroshazniasmuti109]

How to know the stamp is not fake coz i have one

[@englishcountryside4581]

You probably have a stamp that was issued with the 1c Magenta on it. A stamp within a stamp. My brother has one of those as well.

[@sitiroshazniasmuti109]

Nope... Mine is same as this once.

[@barefoot_wanderer3625]

Ahhhh there are no basement in Guyana

[@seye8eyes]

one of a kind one's i was kind one of kind one

[@silverlve70]

Giving extreme value to ridiculous things. Geez

[@baileyayyy5085]

rich people are deranged "i dressed like a vagabond" lmfao