Country of production Austria Nature of rarity Few exist Face value 6kr - 30 centesimi | Date of production 1856 (1856) No. in existence unknown Estimated value US $40,000 | |
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The Red Mercury is the rarest of Austrian newspaper stamps. It was issued for the mailing of newspapers in Austria and Lombardy-Venetia.
Contents
History
Austria's newspaper stamps first appeared in 1851. They depicted a profile of Mercury, the Roman messenger god, and were not denominated, the color of the stamp indicating the value. Blue indicated the 6/10 kreuzer rate for one newspaper, yellow for ten newspapers (6 kr), and rose for 50 newspapers (30 kr). The higher denominations franked wrappers of bundles of newspapers and were frequently discarded.
In 1856 a red, or scarlet, stamp with the Mercury design, sold for six kreuzer - 30 centesimi to frank a bundle of 10 newspapers, was issued. However, it was soon superseded by a new design depicting Franz Joseph which came out in 1858, and only a few copies have survived.
Valuations
An unused copy, without gum and short at the left side, was auctioned for 23,000 DM by Grobe & Lange in 1996. Recent auctions have valued it at about US$40,000. The 2005 Yvert catalog values it at 60,000 € (75,000 if used).
On 7 February 2008 an unused copy was auctioned in Vienna for 26,000 Euros.
An unused Red Mercury with original gum was auctioned for a hammer price of €40,000 plus commission, by Auktionhaus Felzmann (Dusseldorf) on the 5th of November 2015.