{"id":35664,"date":"2025-09-21T22:56:07","date_gmt":"2025-09-21T22:56:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/35664\/"},"modified":"2025-09-21T22:56:07","modified_gmt":"2025-09-21T22:56:07","slug":"rare-upside-down-lake-taupo-stamp-sells-for-record-260000-at-auction","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/35664\/","title":{"rendered":"Rare upside-down Lake Taup\u014d stamp sells for record $260,000 at auction"},"content":{"rendered":"

The stamp dates back to 1903 and features a misprinted picture of an upside-down Lake Taup\u014d.<\/p>\n

\n A US buyer purchased it at a Mowbray
\n Collectables auction. The last time it sold was in 1998, when it went to New Zealand Post for $125,000.\n <\/p>\n

It originally cost four pence.<\/p>\n

The stamp was last publicly displayed in 2005 at the Museum of New Zealand Te Papa Tongarewa\u2019s \u201cStamped: Celebrating New Zealand\u2019s postal history\u201d exhibition.<\/p>\n

\u201cThe stamp was used in 1904 on a letter sent from Picton, Mowbray Collectables said on its website. <\/p>\n

\u201cIt first surfaced in London in 1930, selling the following year at auction for just \u00a361.<\/p>\n

\u201cIt then vanished into a private French collection for half a century, only re-emerging in New Zealand in 1982, when it was displayed at the Palmpex exhibition.\u201d<\/p>\n

\" Lot 801 Mint Penny Black example. Photo \/ Mowbray Collectables<\/p>\n

Two New Zealand war medals linked to the Battle of Gate P\u0101, a significant battle in Tauranga in 1864, were also sold at the national auction.<\/p>\n

One medal was awarded to E. Drew, of the 40th regiment, who fought in the Battle of Gate P\u0101, and sold for $1400 on a $1300 estimate.<\/p>\n

The second medal was awarded to Charles Long, of the 3rd Waikato Militia, who was also present at Gate P\u0101.<\/p>\n

It sold for $1650 on a $1400 estimate.<\/p>\n

Mowbray Collectables managing director David Galt said with a buyer\u2019s premium added, the total price was $1970 and $1670 all up for the two medals.<\/p>\n

\u201cThere was a lot of interest in these medals.\u201d<\/p>\n

Also sold were many of the world\u2019s first postage stamps, the Great Britain Penny Blacks of 1840, including 302 examples which sold at $27,000.<\/p>\n

The coin, medal and banknote auction on September 19 resulted in sales of $761,000.<\/p>\n

One medal to Joseph Lacey, a sailor on the ship HMS Hazard, which evacuated settlers from Kororareka (Russell) after the British flagpole was famously felled four times by Hone Heke, sold for $8000.<\/p>\n

\"LotLot 2 Coins and Medals: New Zealand Wars Medal 1845-46 to Joseph Lacey. Photo \/ Mowbray Collectables<\/p>\n

Mowbray Collectables founder John Mowbray said naturally they were delighted with the record results.<\/p>\n

\u201cWhile there is much talk of tough economic conditions, we did not see that in the New Zealand stamp, medal and coin markets this weekend. <\/p>\n

\u201cWith both New Zealand and overseas buying strong, these are great results for both buyers and sellers.\u201d<\/p>\n

Mowbray said the Ministry of Culture and Heritage agreed the upside-down Lake Taup\u014d stamp could leave the country if it sold offshore.<\/p>\n

RNZ<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The stamp dates back to 1903 and features a misprinted picture of an upside-down Lake Taup\u014d. A US…\n","protected":false},"author":2,"featured_media":35665,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[33182,1975,1978,2082,13207,111,43,139,69,8205,1974,1128,10634,1852,33181],"class_list":["post-35664","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-zealand","tag-33182","tag-at","tag-auction","tag-for","tag-lake","tag-new-zealand","tag-news","tag-newzealand","tag-nz","tag-rare","tag-record","tag-sells","tag-stamp","tag-taup","tag-upsidedown"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/35664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=35664"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/35664\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/35665"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=35664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=35664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=35664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}