Information about Z Grill
| Z-Grill | ||
|---|---|---|
New York Public Library Benjamin Miller Collection | ||
| Country of production | United States | |
| Location of production | ||
| Date of production | 1868 | |
| Nature of rarity | Limited number | |
| Estimated existence | 2 | |
| Face value | 1-cent US | |
| Estimated value | US $3,000,000 | |
The Benjamin Franklin Z-Grill is a 1-cent postage stamp issued by the United States Postal Service in 1868 depicting Benjamin Franklin. With the embossed "Z-Grill" "waffle" on the back, this is considered the rarest and most valuable US stamp. A "Z-Grill" is a specific pattern of tiny squares embossed into the paper and visible on the back of the stamps.
The purpose of the grills was to permit the canceling ink to be absorbed into the stamp paper, thus preventing those who wanted to from cheating the postal service by washing out cancellation marks. The use of grills was not found to be practical and they were soon discontinued.
There are currently only two known 1-cent 1868 Z-Grills[1]. One is owned by the New York Public Library as part of the Benjamin Miller Collection. This leaves only a single 1-cent 1868 Z-Grill in private hands.
This 1868 1 cent "Z-Grill" stamp sold for $935,000 in 1998 to Mystic Stamp Company, a stamp dealer.[2]. Siegel Auctions auctioned the stamp as part of the Robert Zoellner collection. Zachary Sundman, the eleven-year-old son of Mystic Stamp Company President Donald Sundman, was the individual responsible for wielding the paddle and doing the actual bidding.
Later, in late October 2005, Sundman traded this Z Grill to financier Bill Gross for a block of four Inverted Jenny stamps worth nearly $3 million. [3] By completing this trade Gross became the owner of the only complete collection of U.S. 19th century stamps.
Both the Z Grills will be on display at the National Postal Museum along with the first part of the Benjamin Miller Collection from 27 May 2006 till 1 October 2007. [4]
References
1. ^ "Rare and Costly Stamps to Go on Display", Washington Post, 2005-05-25. Retrieved on 2006-08-08.
2. ^ "Philatelists Make $3 Million Trade", NPR, 2005-11-02. Retrieved on 2006-08-08.
3. ^ "Philatelists Make $3 Million Trade", NPR, 2005-11-02. Retrieved on 2006-08-08.
4. ^ "The Benjamin K Miller Collection", National Postal Museum. Retrieved on 2006-08-08.
2. ^ "Philatelists Make $3 Million Trade", NPR, 2005-11-02. Retrieved on 2006-08-08.
3. ^ "Philatelists Make $3 Million Trade", NPR, 2005-11-02. Retrieved on 2006-08-08.
4. ^ "The Benjamin K Miller Collection", National Postal Museum. Retrieved on 2006-08-08.
External links
- Classification and photos of grills of US stamps
- More information about the Benjamin Franklin 1-cent Z Grill
See also
New York Public Library
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Location New York, New York
Established 1895
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Population served 8,143,198 (New York City)
Budget $50,171,798
Director Paul LeClerc
Employees 3,147
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The Benjamin K Miller Collection is a unique collection of stamps and other philatelic materials donated to The New York Public Library in 1925 by Milwaukee attorney Benjamin Kurtz Miller (1857-1928) [1]. This collection was the first complete collection of U.S.
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A grill on a postage stamp is an embossed pattern of small indentations intended to discourage postage stamp reuse. They were supposed to work by allowing the ink of the cancellation to be absorbed more readily by the fibers of the stamp paper, making it harder to wash off
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New York Public Library
Location New York, New York
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Number of branches 87
Population served 8,143,198 (New York City)
Budget $50,171,798
Director Paul LeClerc
Employees 3,147
Website [1]
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Location New York, New York
Established 1895
Number of branches 87
Population served 8,143,198 (New York City)
Budget $50,171,798
Director Paul LeClerc
Employees 3,147
Website [1]
The New York Public Library
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The Benjamin K Miller Collection is a unique collection of stamps and other philatelic materials donated to The New York Public Library in 1925 by Milwaukee attorney Benjamin Kurtz Miller (1857-1928) [1]. This collection was the first complete collection of U.S.
..... Click the link for more information.
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The Mystic Stamp Company, based in Camden, New York, since 1923, is a mail-order postage stamp dealer, one of the largest in operation and notable for both its promotion of stamp collecting as a hobby and for its acquisition of the Z Grill, the rarest United States stamp.
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Robert Zoellner is a stamp collector who achieved fame as the only person ever to have formed a complete collection of United States postage stamps. As of November 2005, one other person, William H. Gross, has also formed a complete collection of US postage stamps.
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The Mystic Stamp Company, based in Camden, New York, since 1923, is a mail-order postage stamp dealer, one of the largest in operation and notable for both its promotion of stamp collecting as a hobby and for its acquisition of the Z Grill, the rarest United States stamp.
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The Benjamin K Miller Collection is a unique collection of stamps and other philatelic materials donated to The New York Public Library in 1925 by Milwaukee attorney Benjamin Kurtz Miller (1857-1928) [1]. This collection was the first complete collection of U.S.
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