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The One-Cent Magenta: Inside the Quest to Own the Most Valuable Stamp in the World

by James Barron

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11930230,402 (3.95)18
"When it was issued in 1856, it cost a penny. In 2014, this tiny square of faded red paper sold at Sotheby's for nearly $9.5 million, the largest amount ever paid for a postage stamp at auction. Through the stories of the eccentric characters who have bought, owned, and sold the one-cent magenta in the years in between, James Barron delivers a fascinating tale of global history and immense wealth, and of the human desire to collect"--… (more)
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Showing 1-5 of 31 (next | show all)
Thoroughly enjoyed this easily accessible entry to 'Stamp World'. Really want to go to Washington to see this stamp. Stamps are mini works of art! ( )
  secondhandrose | Oct 31, 2023 |
I had moments of boredom and interest in reading this book. It's a short book but also a little-longwinded. The history of a collectible stamp, it's owners and its history. ( )
  bogopea | Jul 22, 2023 |
I have always thought postage stamps were neat. I admit I'm the ass in the post office line asking if I can see all the current stamps when I get to the counter, so I can pick out the coolest ones. (This, by the way, is unheard of in Australia; I've only found one post office where the lady is nice enough to let me pick my own stamps.)

But I have never collected stamps. The hobby holds no appeal for me and never has. What I am hooked on, is rarity. The idea that there are only x number of something in the world sucks me in, no matter what x is. I understand the collectors that want to own what no one else owns; I don't have the ego for it, but the idea of owning something that is completely unique is a seductive one.

That's why I bought this book on a whim. That and the cover. James Barron is a New York Times journalist, who stumbled on the story of the one-cent magenta stamp at a cocktail party; the article he wrote about it led to this book, where he chronicles the path this odd-looking stamp took on it's way to becoming the world's most valuable stamp, selling at auction in 2014 for 9.5 million USD, to Stuart Weitzman, he of the red-soled shoe empire.

This is where journalists who write books shine, especially for someone like me, who knows almost nothing about stamps or philately. Let's face it, stamps do not lend themselves to page-turning drama, and philately needs all the help it can get if it's to appeal to those outside the bubble. Barron succeeded beyond my expectations. I completely enjoyed this book and spent all day reading it. His journalistic style brought the stamp's history to life, and even though he has a bit of fun with the eccentricities of "Stamp World" as he calls it, I thought he did a brilliant job describing the passion and dedication of the hobby in a sympathetic way.

I'm thoroughly surprised and delighted at how much I enjoyed this book. ( )
  murderbydeath | Feb 8, 2022 |
The "one-cent magenta" is a tiny, pinkish "provisional" stamp that was printed in British Guiana and used for postage on a newspaper. Despite these humble beginnings, this stamp has developed quite a mystique, especially since it is believed that there is only one specimen left in the world. The "magenta" has changed hands several times since its printing in 1856. The last time it was sold, it brought in $9.5 million at auction.

This book tells what is known of the history of this stamp and its various wealthy owners, including John du Pont of Foxcatcher fame. I found this digressive account hard to follow and the stamp-collecting characters were not as much fun to read about as I had hoped. For hardcore philatelists only. ( )
  akblanchard | Jul 3, 2018 |
This review was written for LibraryThing Early Reviewers.
The famous “one-cent magenta” is the last surviving example of a batch of provisional stamps printed in 1856 in British Guiana when a shipment of official stamps from London did not arrive. It is said to have had only nine owners from the time a 12-year-old boy discovered it in his uncle’s papers in 1873 until it sold for close to $9.5 million at a Sotheby’s auction in 2014.

The book is as much about the interesting owners of the stamp as it is about stamp collecting or the market for rare stamps. James Barron writes in a breezy, chatty style that makes the whole book engaging, but there isn’t all that much you can actually say about the One-Cent Magenta stamp itself. ( )
  RoseCityReader | Jan 3, 2018 |
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"When it was issued in 1856, it cost a penny. In 2014, this tiny square of faded red paper sold at Sotheby's for nearly $9.5 million, the largest amount ever paid for a postage stamp at auction. Through the stories of the eccentric characters who have bought, owned, and sold the one-cent magenta in the years in between, James Barron delivers a fascinating tale of global history and immense wealth, and of the human desire to collect"--

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