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Record-breaking stamp sale: ‘Z-Gril’ sells for $4.3m in New York

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An ultra-rare one-cent US postage stamp from 1868 known as a Z-grill, one of only two in existence, was auctioned for the first time in 25 years by billionaire collector Bill Gross. This auction was a historic event for philatelists. Bill Gross achieved a complete collection of the rarest US stamps. Despite concerns about declining interest among younger generations, experts like Charles Shreve emphasize the educational value of stamp collecting. The Z-grill sold for a record $4,366,000, making it the highest-grossing single-session auction in philatelic history.

Al Jazeera’s Kristen Saloomey reports from New York.

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#ZGrill #NewYork #OnceCentPostageStamp #1868Stamp #BillGross #Philatelists #SiegelAuctionGallaries
Category
World
Tags
1868 one cent postage stamp, Al Jazeera, Al Jazeera English
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