Gandhi Stamp Sells for Record Rs 92 Lakh!

A 1948-issued stamp of Mahatma Gandhi has made history. The original stamp worth Rs 10 was sold for a staggering $205,000 (Rs 92.68 lakh) at the David Felman auction house in Geneva recently. The stamp was issued as a commemorative on August 15 1948, the same year Gandhi was assassinated.

The Gandhi stamp fetched more than the 'four annas inverted head error' stamp which till now held the world record for most expensive Indian stamp. It was sold last year for £105,390 (Rs 78.19 lakh).

Only 18 of the Gandhi stamp are in circulation today. It is a record for any modern stamp according to David Felman, head of the auction house.

Only a set of 100 Rs 10 Gandhi stamps were printed, making them the world's least printed, but most coveted stamps.