'Incredibly rare' stamps to sell for up to £200k

News imageJC Auctions An image of six stamps which the Queen's head on them. Three of them say 'ONE PENNY' and the other three say 'POSTAGE'. There is writing on the the right hand side of part of a sentence which says 'Back be careful not to remove the'. Beside that to the right, there is a brown signature.JC Auctions
The stamps date back to the 19th century

A block of rare postage stamps, found hidden in a cupboard, could be worth up to £200,000 when it is sold at auction.

The Penny Blacks, the world's first type of adhesive postage stamp, were discovered at the Dublin General Post Office in 1905.

The collection of almost 200 stamps has since been broken up, except the block of 12, which have remained intact and are now being put up for sale.

Mike Hall, from JC Auctions in Bristol, said: "A huge block of 12 is incredibly rare. Preservation this close to original condition, in a block of this size, is unheard of. These 12 have the deepest, richest hue of any Penny Black - collectors adore that."

The first Penny Black stamp was posted in Bath in 1840, according to Bath Postal Museum.

Hall said the block is one of the largest in existence, but what sets it apart is its condition and colour.

Experts estimate the stamps will sell for between £150,000 to £200,000, however it last sold for £480,000 when the stamp market was at its peak.

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