1918 Jenny Invert stamp sells for $2 million

Finest mint 1918 Jenny Invert tops $2 million in Nov. 8 Siegel auction

"... On Nov. 8, it took roughly two minutes for Robert A. Siegel Auction Galleries in New York City to sell the finest example of the famous United States 1918 24¢ carmine and blue airmail stamp with the blue center inverted (Scott C3a), popularly known as the Jenny Invert, for a wisp above $2 million.

That stamp, from position 49 in the discovery pane of 100 that was purchased May 14, 1918, for its $24 face value in Washington, D.C., is in mint, never-hinged condition.

Six of the 100 Jenny Inverts are known mint, never-hinged, and the position 49 stamp is the best of that group in terms of condition and grade. ...

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Source: www.linns.com

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