Record-breaking stamp sale: ‘Z-Gril’ sells for $4.3m in New York

An ultra-rare one-cent US postage stamp from 1868 known as a Z-grill, one of only two in existence, was auctioned for the first time in 25 years by billionaire collector Bill Gross. This auction was a historic event for philatelists. Bill Gross achieved a complete collection of the rarest US stamps. Despite concerns about declining interest among younger generations, experts like Charles Shreve emphasize the educational value of stamp collecting. The Z-grill sold for a record $4,366,000, making it the highest-grossing single-session auction in philatelic history. Al Jazeera’s Kristen Saloomey reports from New York. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: https://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #ZGrill #NewYork #OnceCentPostageStamp #1868Stamp #BillGross #Philatelists #SiegelAuctionGallaries

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