A long-time stamp collector snagged one of the rarest and most coveted stamps in the world for $2 million at an auction in New York.

<div class="block">A long-time stamp collector snagged one of the rarest and most coveted stamps in the world for $2 million at an auction in New York.</div>

Need2Know Headlines

'Inverted Jenny' Stamp Sells for $2 Million

All right. Well, a long time stamp collector is not one of the rarest and most coveted stamps in the world for a whopping $2 million at an auction in New York. Last week, the inverted Jenny stamp was created in 1918 to commemorate the start of regular air mail service. It was misprinted. So the Curtis J for airplane also called the J actually upside down circulation of nearly all of the miss print stop. But a sheet of about 100 of the stamps was sold to the public. The $2 million stamp was bought by 70 year old, a 76 year old Charles Hack and he started collecting stamps and he was just a kid. He called the inverted Jenny, the Holy grail of postage.