On June 17, 2014, for the fourth time in its illustrious history, the British Guiana One-Cent Black on Magenta set a new world auction record for any stamp, achieving $9,480,000 - nearly 1 billion times its original face value. No stamp is rarer than the sole-surviving example of the British Guiana, a unique yet unassuming penny issue from 1856, which has been heralded as the pinnacle of stamp collecting for more than a century. The stamp was rediscovered by a 12-year-old Scottish boy living in South America in 1873, and from there passed through some of the most important stamp collections ever assembled.
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