Paying top dollar

for your diamonds since 1980

Contact Us Today

Don’t Put This Stamp in the Mail

Posted on June 17th, 2014 by Goldman Buyer

You think 49 cents is a lot to pay for a stamp? What about $20 million?

The 1856 British Guiana One-Cent Magenta (“the Mona Lisa of stamps”) was first owned by a 12-year-old Scottish boy living in South America, who then sold it to a local collector. It traveled through a variety of hands, breaking several records at auctions until 1980, when John E du Pont purchased it for $935,000. Du Pont was an heir to a chemical fortune, and is known for being convicted of shooting an Olympic wrestler.

Several four-cent stamps of this variety are known to exist, but this is the only known one-cent stamp. It features an image of a three-masted ship and the British Guiana motto “we give and expect in return,” in Latin. The one-cent magenta, along with a four-cent magenta and a four-cent blue, went into circulation when a shipment of stamps from London was delayed.

The one-cent magenta is expected to fetch between $10M and $20M, which would break the record for a single stamp – currently held by an 1855 Swedish stamp.



Courtesy of The Guardian

← Back

Customer Testimonial

Had a Great Experience

"I drove all the way from the south side just to sell my silver to Chicago Gold Gallery because of the knowledge and professionalism I received on the phone. They gave me top dollar for my silver and were so fast and friendly. I definitely recommend this business!"

Date: 10/27/2017 • 5 / 5 stars ★★★★★

Can't say enough about this place.

This is the most welcoming, non-pretentious place to do business! I was researching where to sell sterling silver I had and ended up choosing here based on the other great reviews. They walked me through the whole process and answered my questions. I got a great price for my items & will go there again.

Date: 09/17/2018 • 5 / 5 stars ★★★★★

Love this place!

Chrissy & Joe are all super friendly and easy to work with. I trust them and they will do whatever they can to help you including giving you advice on what you have or what you should look for. I won't ever go anywhere else and I've recommended it to several friends.

Date: 08/02/2015 • 5 / 5 stars ★★★★★

I would do business with them again

I had a large collection of silver coins sitting in my safe deposit box for 15+ years. Chrissy was so friendly and helpful she even gave me advice about coins I didn't know. She was more than happy to help me for over an hour in between taking care of other customers. They really did give me top dollar for my coins. Whether you are new or a pro with coins, I can highly recommend you take them here!

Date: 02/22/2020 • 5 / 5 stars ★★★★★

Don't Hesitate to call...

I find that Joe at Chicago Gold Gallery consistently offers and pays more for my coins than coin dealers in Chicagoland. He's very nice and easy to deal with. Don't hesitate to call him and preferably visit him.

Date: 12/04/2015 • 5 / 5 stars ★★★★★

How to Reach Us?

Get Directions

Contact Us

Get the most for your valuables.

1236 W. Devon Avenue
Chicago, IL 60660

Phone: 773-338-7787 Email:

Hours: Mon-Sat: 9am-6pm

Especially Wanted

  • Gold & Silver Coins
  • Bullion Gold, Silver, & Platinum
  • Scrap & Old Gold
  • Sterling Silverware
  • Dental Gold
  • Coins & Coin Collections
  • Franklin Mint
  • Collectibles
  • Rare Coins
  • Antique & Modern Jewelry
  • Diamonds
  • Watches - Rolex, Patek Philippe
  • Broken Jewelry
  • Tiffany & Company - Cartier
  • Vintage & Modern Guitars