The world’s first stamp is up for auction. It is expected to sell for more than US $ 8 million.

The world’s first postage stamp, ‘Penny Black’, will be auctioned off, according to Sodabis Auctioneers. The stamp, believed to have been issued in 1840, bears the image of Queen Victoria. It was issued with the value of a penny.

The stamp was valid for mailing letters less than half an ounce. It has been in use since May 6, 1840. Before that, the postage was paid for by the recipient.

The stamp will be auctioned in London on December 7. The auction house expects it to fetch $ 8.25 million. According to foreign sources, this is the first ‘Penny Black’ stamp paper ever printed.

Therefore, the foreign media points out that it is also a historical symbol. The current owner of this stamp is Alan Holyoke, a businessman and stamp collector.

Two other ‘Penny Black’ stamps, first printed, are now in the British Postal Museum. It is believed that only three of these ‘Penny Black’ stamps, which were obtained from the world’s first printed stamp paper, are still left in the world.