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World's most expensive stamp sold

The Swedish 'Treskilling Yellow' retained its title as the world's most expensive stamp when it change hands a private sale in Geneva.

The one-of-a-kind 1855 misprint was sold to a group of buyers who asked that their identities and the winning bid be kept confidential, said auctioneer David Feldman.

He declined to disclose whether the sale matched the record it previously set in 1996 of £1.59 million, but admitted it was "still worth more than any other single stamp".

US stamp expert Robert Odenweller said it was not unusual for buyers of such valuable items to keep details of the sale secret at first, only to release information bit by bit later.

Read entire article at Telegraph (UK)