The auction house's owner and company namesake, David Feldman stated that the buyers, a consortium, "have purchased the stamp believing it to be a solid investment in these turbulent times." Although the current identities of the buyers and the record price they paid are currently unknown, Feldman said "...I have little doubt that in time both the price and identity of the consortium will become public knowledge."
The stamp earlier sold for $2.3 million in 1996. It is one of the crown jewels of stamp collecting, which also includes high fliers like the "Post Office Mauritius," last sold for $1.4 million; and the rarity perhaps most familiar to the non-collector world, the British Guiana 1 cent magenta of 1856 which sold for about $1 million thirty years ago.
The Swedish Treskilling Yellow is an error stamp because its proper color should be blue. A simple printing mistake created the philatelic rarity. Before its recent sale the stamp was exhibited at the London Festival of Stamps.
