Inverted Jenny stamp stolen in 1955 is returned to owner

[mahatmakanejeeves]

Last edited Fri Jun 3, 2016, 09:18 AM - Edit history (2)

Source: Associated Press, via Atlanta Journal-Constitution

Inverted Jenny stamp stolen in 1955 is returned to owner
8:55 p.m. Thursday, June 2, 2016 | Filed in: News

NEW YORK — A rare 1918 U.S. postage stamp featuring an upside-down plane that was stolen six decades ago and ended up in Northern Ireland was returned to its American owner on Thursday.

But the mystery surrounding the Inverted Jenny remains: Who stole it and three other such stamps at a 1955 convention in Virginia?

On Thursday at the World Stamp Show, the young man from Northern Ireland who inherited America's most famous stamp from his grandfather watched as it was handed to the Bellefonte, Pennsylvania-based American Philatelic Research Library, which holds the rights to the four. Two of the other stamps were recovered years ago, and the fourth is missing.
....

A hundred Inverted Jenny stamps were printed in 1918, until someone noticed the error. The misprint comes from a design that marked the launch of U.S. air mail, featuring a Curtiss JN-4H biplane, nicknamed the Jenny.



This photograph shows an "Inverted Jenny," a 1918 stamp stolen in 1955 featuring an airplane printed upside-down, that was officially handed over to the Pennsylvania-based American Philatelic Research Library during a press conference at the World Stamp Show, Thursday, June 2, 2016, in New York. The FBI turned the stamp over to the APRL's president Thursday during a press conference in New York. (AP Photo/Kathy Willens)

Read more: http://www.ajc.com/ap/ap/top-news/inverted-jenny-stamp-stolen-in-1955-to-be-returned/nrYYF/

---

It could be centered better.

Hands down, this is my favorite story involving the Inverted Jenny:

'Inverted Jenny' Stamp Found on Absentee Ballot Likely a Fake

Published November 14, 2006
· Associated Press

FORT LAUDERDALE, Fla. – A stamp thought to be rare and valuable that was used to mail an absentee ballot now appears to be a fake, an expert said Tuesday.

The stamp thought to be the famous Inverted Jenny stamp was discovered as Broward County officials reviewed absentee ballots for the Nov. 7 elections. An official noticed the stamp was from 1936 and had an upside-down World War I-era airplane — the hallmark of an Inverted Jenny.

The envelope was taken out of a safe deposit box Monday and shown to reporters and photographers, said Mary Cooney, Broward County elections office spokeswoman. The images were sent to stamp experts.

Peter Mastrangelo, director of the American Philatelic Society, said after reviewing a digital photo that the stamp appeared to be counterfeit.

[itsrobert]

1. I wonder if he is subject to an inheritance tax?

When did he actually inherit the stamp? Now, or when his relative passed?

[nilram]

5. In the US, inheritance tax is payed by the giver, not the receiver.

So his grandfather's estate owes any tax involved. But that's the limit of my understanding about the whole thing.

Maybe the state could make a case for reopening probate, dunno. Complicated by the fact that the grandson is a "young man from Northern Ireland."

[On the Road]

2. I Understand There is a Rare Inverted Version of That Stamp:

[img][/img]

[onehandle]

3. Oh My God! I have that exact stamp in my childhood stamp collection!

In mint condition! Am I rich?

[JimDandy]

4. Wicked... LOL