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A new world record has been set for the of a postage stamp. Not just any stamp, but a one-of-a-. The 1856 British Guiana One-Cent Magenta was sold at an in New York for $9.48 million. The auction house, Sotheby's, said it was the fourth time the stamp has broken the record. Sotheby's chairman David Redden said the record would never be broken again, the same stamp came up for auction again. He told reporters: "That price will be hard to beat, and won't be exceeded unless the British Guiana itself comes up for sale again in the ." David Beech, a former of stamps at the British Library, compared the sale to buying the the 'Mona Lisa'.

The stamp was bought by an buyer. It was owned by John E. du Pont, an to the du Pont chemical fortune. He is in prison for shooting an Olympic champion wrestler. It was first discovered in 1873 by a 12-year-old stamp . He sold it a few years later for six shillings - about $50 in today's money and a tidy sum back then. It has since had a owners, including the French government. Mr Redden marvelled at how sought after the stamp has become. He said: "This is the most item in the world by . It's just a tiny piece of paper." He added he was happy that the stamp had been bought by a collector who would cherish it, and not by an .

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