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Color error: Stamp is printed in the wrong color(s). Paper error: Stamp is printed on the wrong type of paper which, e.g., may have a different watermark or color than intended. Perforation error: Perforations are missing on one or several sides or put in the wrong place (e.g. diagonally). As perforations may be removed by cutting them off ...
Stamp catalogs list its price as only $15,000, one-tenth of the Inverted Jenny that is valued at $150,000, despite the fact that about the same number of each stamp exist. A block of four stamps sold in 2004 [3] for $60,000 and a second block was sold in 2015 for $71,875. [4] Reproductions have been sold on eBay. [5]
Each stamp featured an ornate colored frame enclosing a black-and-white image of some means of (or adjunct to) modern rapid transportation. In the standard American Scott catalog, these six stamps carry the numbers 294–299. The first day of issue for the stamps was May 1, 1901. [1]: 60–61 The two color printing left the possibility of errors.
Inverted Jennies have long sold for over US$100,000 apiece, and the St. Lawrence Seaway inverts of Canada approach those numbers. High prices for inverts have tempted printing company employees to steal misprinted sheets from the printing plant and attempt to pass them off as genuine, as in the 1996 case of the " Nixon invert ".
Scott Publishing Co also produces a related volume which more comprehensively lists all United States Postage Stamps and Postal History. It is generally known as the Scott Specialized and is regarded by many as the definitive single volume reference to USA postage stamps.
Mystic, which currently values the stamp at $3 million, traded it in 2005 for an equally valued 1918 plate-number block of Inverted Jennys of "Brewster's Millions" fame.
The Inverted Jenny (also known as an Upside Down Jenny, Jenny Invert) is a 24 cent United States postage stamp first issued on May 10, 1918, in which the image of the Curtiss JN-4 airplane in the center of the design is printed upside-down; it is one of the most famous errors in American philately.
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