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Queen Victoria stamps set Hong Kong record

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A rare block of Hong Kong stamps featuring Queen Victoria's head was sold for a record 821,000 US dollars, an auction house said Monday.

The block of four 1865 stamps with a face value of 96 Hong Kong cents (12 US cents) each, which were misprinted in an olive colour, were bought by an anonymous buyer at a sale Sunday, the auction house Spink said.

The price is the highest ever paid for a single lot of stamps in Hong Kong, Spink said. The stamps were sold as part of a two-day auction of rare stamps, coins and bank notes.

At the same auction, a 1908 Qing Dynasty 1-dollar bank note sold for the equivalent of 308,000 US dollars, a world auction record for a classic Chinese bank note, the auction house said.

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