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The American Philatelic Society will display the Inverted Jenny at its Summer Stamp Show August 2124 at the Connecticut Convention Center. The Inverted Jenny, otherwise known as the upside-down airplane stamp, is one of the Americas rarest stamps.
(PRWEB) August 17, 2014
For such a tiny piece a paper, the Jenny has a huge history dating back to 1918. On May 6, Congress authorized the United States Post Office to print air mail stamps with a rate of 24-cents and have them ready for sale several days prior to the official inaugural flight on May 15. No easy task.
With less than two weeks to deliver the stamps, work started immediately designing and printing the first air mail stamps. The design featured a bi-plane, the Curtiss JN-4, thus the name Jenny. In addition to the time crunch, Congress wanted the stamp to be printed in not one but two colors red and blue. To accomplish this, the Bureau had to revert to an older Spider press that would print 100 stamps to a sheet. Two passes through the press were necessary to complete the red and blue design. The first air mail stamps went on sale May 13, 1918. No one knew that out of the two million stamps printed, there were 100 gems.
William T. Robey now becomes part of history. On his lunch hour, this stockbrokers clerk and avid stamp collector, went to the post office on New York Avenue near 13th Street in Washington, DC to buy some of the newly issued air mail stamps. Being an avid stamp collector, he recognized the printing error immediately. Stamps without perforations or upside-down designs have a way of catching a collectors eye. When the clerk put the sheet down on the counter, Robeys heart skipped a beat. Instead of buying a couple of stamps, he bought the whole sheet.
Upon returning to work, Robey told some friends about his find. Several co-workers immediately went to the post office to buy their own upside-down airplane stamps. A few hours later, postal inspectors were asking Robey to sell the sheet back to them. When he declined, they threatened to confiscate them. Robey went home and hid his treasure under his mattress. Knowing official pressure would increase, he contacted a dealer, Eugene Klein, and sold it to him for $15,000. Klein immediately sold it Colonel Edward Green for $20,000. The saga of the Jenny Inverts began.
Jenny Inverts have been bought, sold, donated, stolen, swept up by a vacuum cleaner, featured in movie plots, and encased in a locket. A Jenny even has been wounded. During the Battle of Britain in September 1940, the Inverted Jenny owned by John Crichton-Stuart, was stored at the Chancery Lane Safe Depository. After the bombing the storage room were under three feet of water. A month later, the Inverted Jenny was found. It has lost its gum, but otherwise wise was in good shape.
What to do at the show
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