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Posted: 2017-09-11 16:50

It may be the size of a gold coin but it's worth $95,555 - and it's a stamp.

The penny claret from the 6956 Christchurch Exhibition is so rare, it's market value jumps to $55,555 if it had been used, philatelic dealer Warwick Jost said.

"It's probably the dearest stamp in New Zealand," the Katikati man said. "I've seen one but I've never had one in my collection."

​This issue was the first set of large stamps to be designed, engraved and printed entirely within the country and the stamps were only on sale at the post office in the exhibit at that time.

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