In 1940, Ann Hind, a Utica, New York resident, owned the most valuable postage stamp in the world. Hind also had a camp at Lake George where she spent many summer days. In 1926, she had married Arthur Hind, a Utica textile industrialist and also a renowned stamp collector.
In 1922, Mr. Hind purchased the 1856 British Guiana One-Cent Magenta stamp at a Paris auction. Reportedly he paid $34,500. He died in 1933 and his widow then owned the precious collectible. [Read more…] about 1940: A Utica Resident Sells World’s Rarest Postage Stamp