CIA invert

CIA invert
Country of production United States
Date of production 2 July 1979
Nature of rarity Invert error
Number in existence 100
Face value US $1.00
Estimated value US $15,000

The CIA invert is a one-dollar value postage stamp error issued by the United States Postal Service. It is one stamp from the Americana series that were produced between 1975 and 1981. The $1 colonial rushlight holder stamp was first issued on July 2, 1979 and one sheet of 100 stamps was issued with the black (the last color printed, though it covers much of the stamp) inverted. The lamp candle holder and text are inverted relative to the flame. About 95 copies have been accounted for. The Scott catalogue number is: 1610c. This was the first United States stamp issued with a major design element printed upside down since the Dag Hammarskjöld invert error of 1962.

One sheet of stamps was bought by a CIA employee who had been sent to the post office to buy some stamps. After the involved employees saved one each, the remainder were sold to a stamp dealer. The Government attempted to reclaim them, but was not successful because they had been legally purchased from a post office clerk.[1][2] The involved CIA employees were ordered to return their stamps; some did, but others refused, and according to an April 2012 episode of Burt Wolf: Travels and Traditions detailing stamp collecting around the world, these employees were fired.[3]

Stamp catalogs list its price as only $15,000, one-tenth of the Inverted Jenny that is valued at $150,000 despite the fact that about the same number of each stamp exist. A block of four stamps sold in 2004 for $60,000.[4] Reproductions have been sold on eBay.

See also

Sources

  1. "Inverts". Philatelic Gallery. National Postal Museum. Retrieved 2006-09-29.
  2. "CIA Invert". Henry Gitner Philatelics. 2005. Retrieved 2006-09-29.
  3. Wolf, Burt (2006). "Burt Wolf: Travels and Traditions - Stamp Collecting: China". Acorn Associates Ltd. Retrieved 2012-04-08.
  4. "CIA Invert: Lot 2118". Sale 283 the 2004 Rarities Sale. Matthew Bennett International. 2004-11-13. Archived from the original on 2007-03-11. Retrieved 2006-09-29.

External links