A pair of 1941 Sun Yat-sen stamps from China sold for HK$5.5 million ($709,000) in Hong Kong, setting a world auction record, Zurich Asia auction house said today.
The pair of vertically attached stamps of the Chinese revolutionary figure is particularly rare because of an error in which some of the stamp is printed upside down, including the $2 sign, Zurich Asia said in a press release.
The previous highest price for a Republic of China stamp was set in March when an inverted Sun Yat Sen stamp sold for HK$2.4 million, the auction house said.
(Frederik Balfour is a reporter-at-large for Muse, the arts and leisure section of Bloomberg News. Opinions expressed are his own.)