A set of 4 stamps that includes the portrait of Gandhi has been offered for £500,000 – however the complete stays effectively wanting a global report.
Solely 13 of the 1948 Gandhi 10-rupee Purple Brown and Lake ‘Service’ stamps are in circulation.
The block of 4 was offered to a non-public collector-investor in Australia for the very best ever value for Indian stamps, stated seller Stanley Gibbons.
Nonetheless, the record price for a stamp offered an public sale was $9.5m (£7.4m).
That British Guiana one-cent magenta stamp was offered to an nameless bidder in June 2014.
The Indian stamps had been notably uncommon owing to the actual fact they had been in a set of 4.
Stanley Gibbons beforehand offered one in all these singles for £160,000 to a shopper in Uruguay final yr.
A block of 4 is within the Queen’s stamp assortment, which is believed to be the world’s largest and most respected in non-public fingers.
Keith Heddle, managing director of investments at Stanley Gibbons, stated: “The marketplace for high-quality Indian rarities has been robust for a number of years and is supported by the continued want of the rich Indian diaspora and savvy worldwide shoppers to personal these historic property.”