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One-Cent Postage Stamp Expected To Sell For Millions At Auction

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The one-cent Z-Grill stamp is part of a private collection that will be auctioned on June 14, 2024 (Credit: Robert A. Siegel Auction /CC-BY-SA-2.0)

Acquiring an old postage stamp for millions of dollars might seem extravagant. But the 1868 Benjamin Franklin Z Grill is no ordinary stamp. It is one of only two of its kind known to exist. One is part of the collection at the New York Public Library. The second Z Grill, held by private collector Bill Gross, will be auctioned on June 14, 2024.