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For broadcast on CBS Radio Network stations October 22-23, 2005:

Flying High

The Stamp Collecting Report, I'm Lloyd de Vries. 

Usually, products made incorrectly are worthless, but in stamps they can be priceless.

<"I think everybody knows about this stamp.">
RUNS :02

And recently, Scott Trepel of Robert A. Siegel Auction Galleries sold one of the best 
examples of the Inverted Jenny, for nearly three million dollars.

"Even a little kid starting to collect stamps knows about the upside-down airplane stamp."
RUNS :06

Only one hundred of these errors ever reached the public, a single sheet sold over the 
post office counter for twenty-four dollars in Nineteen-Eighteen.

A week later, they were purchased for fifteen THOUSAND dollars by Col. Edward Green. One 
of the copies was encased in a locket, and given by the eccentric millionaire to his 
mistress.

"I think we'd call her an exotic dancer now."
RUNS :02

The owner of THIS block is a serious collector, we're told.

A single stamp also was sold this time to a real estate entrepreneur, who says he's not 
really a dedicated collector.

Three hundred thousand dollars sounds pretty dedicated to me!

And that's Stamp Collecting this week. 

I'm Lloyd de Vries, CBS News. 

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