Thousands buy piece of 1c Magenta

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12 November 2021
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Thousands of stamp collectors and investors have purchased a small piece of the world's most expensive stamp following the launch of a 'fractional ownership' model by stamp dealers Stanley Gibbons.

Members of the public are now able to purchase ownership of fractions of the stamp which has been split into 80,000 pieces priced at £100 each, thanks to the launch of the new website, Showpiece.

We spoke to Graham Shircore, Co-Founder of Showpiece, to find out more about the website and the idea of 'democratizing' the world famous stamp…

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According to Stanley Gibbons, the success of the early access period, which saw over 9,000 'pieces' sold, highlights the level of demand and wide acceptance of the concept on a global basis.

Showpiece is democratising ownership, allowing people to collect, own and exchange pieces of some of the world’s most culturally significant treasures that, until now, were inaccessible to all but a handful of individuals worldwide. Over time Showpiece expects to offer other extraordinary items across a range of categories.
 
Graham Shircore, Co-Founder of Showpiece, said:

“Launching this unique proposition is a significant milestone for us as we aim to make ownership of the world’s most iconic treasures accessible to all.  It is clear from the extraordinary level of interest so far that people the world over are excited by the opportunity to add unique items to their collections and we look forward to offering more wonderful treasures in the future.”


Read more about the famous stamp…
British Guiana 1c Black on Magenta: 10 little known facts about the world's most expensive stamp
The 'new-look' British Guiana One Cent Magenta
British Guiana stamps… you can afford