NEW YORK (AP) – A rare Abraham Lincoln stamp that was stolen from Indiana in 1967 and surfaced 39 years later in Chicago has sold at auction for more than $400,000.
The stamped envelope was offered at auction by order of the Dorothy Jean Baker Revocable Trust and was sold on Saturday, June 13, 2009 at Manhattan’s Robert A. Siegel galleries.
The buyer is Arthur K.M. Woo, a doctor who would reveal nothing more about himself.
Dr. Woo paid $431,250 (inclusive of 15 percent buyer’s premium) for the 90-cent stamp. It had been entered in the sale with an estimate of $300,000 to $400,000.
The so-called Ice House Cover with Lincoln’s likeness is on an envelope mailed from Boston to an ice house in India in 1873.
The stamp vanished from its owner’s safe in Indianapolis and turned up in 2006 at a home in Chicago. A collector notified police.
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