Paul Fraser Collectibles has listed the exceedingly rare Plate 77 Penny Red stamp from 1864 for £650,000 ($844,000). The Plate 77 Penny Red up for sale could rake in more than $800,000.

Printed in 1864, the used "Plate 77" Penny Red, one of nine surviving examples and in the finest condition of only three in private hands, is offered by Jersey-based Paul Fraser Collectibles.

As another of the most sought-after British stamps, the “Plate 77 Penny Red” is lauded for its rarity and unique backstory involving a printing plate that was never officially approved.

A Plate 77 Penny Red - the “rarest and most valuable” stamp in the UK - is set to break records. It is one of nine in existence and has been described as "legendary" because it shouldn't exist.

The plate 77 Penny Red has been dubbed the ‘Holy Grail of philately’ and is one of just nine examples of the stamp ever recorded.

A rare stamp has been sold for almost half a million pounds.The Plate 77 Penny Red, one of only five in the world, including one at the British Museum, was bought by a private collector for £ ...

Plate 77 Penny Red - worth £550,000. 9. A rare version of the Plate 77 Penny Red stamp sold for £550,000 in 2012.

Cairo, March 11: A rare Plate 77 Penny Red stamp, one of five used examples known to philatelists, bought by an unnamed British collector for 495,000 pounds sterling (over $707,000), the Guardian ...

Issued in 1863, the Plate 77 Penny Red is considered the most valuable UK stamp. In 2012, a rare version was sold for £550,000. The Edward VII 6d Pale Dull Purple I.R. Official stamp is in second ...

For the stamp collecting community, Penny Blacks are highly prized. One set of four unused 1840 stamps has sold on the market for a cool £140,000. Even used versions can go for as much as £870.

A Plate 77 Penny Red - the “rarest and most valuable” stamp in the UK - is set to break records. It is one of nine in existence and has been described as "legendary" because it shouldn't exist.