An example of the "Inverted Jenny" error stamp sold for $977,500
-- including the 15% buyer's premium -- at an auction held last
Wednesday by Siegel Auction Galleries in New York City. The buyer
was Charles Hack, a private collector.
"I definitely would characterize this as a rare
event."
Source: FAA spokesperson Ian Gregor, chatting
about a recent collision between a Police helo and a small unmanned
advertising blimp. FAA regulations state, a tethered balloon
cannot fly higher than 500 feet and it cannot fly within five miles
of any airport.
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