Faulty stamp sells for $29,125


This stamp is worth up to $25,000 because of a printing fault in the top left corner. (supplied)

Posted Mon Aug 11, 2008 11:00am AEST
Updated Mon Aug 11, 2008 11:03am AEST

A recently discovered rare 1913 Australian stamp of a kangaroo and map of Australia will be auctioned tonight in Melbourne.

The stamp, which would normally fetch less than $1,000 at auction is special because of a printing fault.

The stamp has a doubling of the frame plate, visible in the top and upper left.

Leski Auctions spokesman Charles Leski says it is rare that a fault adds to the value of a historic item, but this 'philatelic faux pas' may have its owner laughing all the way to the bank.

Spokesman Charles Leski said the auction is likely to attract a global audience.

"This stamp is not recorded in any of the philatelic literature, so for serious collectors, it is like stumbling across a hitherto unknown find," he said.