The Most Expensive Newspaper in the World
The world’s most expensive newspaper is a copy of the Romanian newspaper, Zimbrulu and Vulturulu (“Aurochs and the Eagle)”, that was sent to Galati when it was published in November 1858. At the last auction, held in Geneva by the David Feldman auction house, the piece had a starting price of 500.000 Euro and was sold for 700.000 Euro to Joseph Hackmey. With fees and commissions involved, the final price of this most expensive newspaper reached 829.500 Euros.
Hackmey, who spends much of his time in Britain, has been involved in property deals and made a name for himself as an art collector. Hackmey took over his father’s Israeli insurance business and Israel Phoenix Assurance was sold in 2002, netting the family £160m. The 1858 copy of the most expensive newspaper Zimbrulu si Vulturulu (the Aurochs and the Eagle) newspaper copy was printed in Iasi, eastern Romania, was accidentally stamped with eight Auroch heads of the 2nd issue. The newspaper’s destination was Galati (south eastern Romania) where it was bought by a stamp collecting bookshop owner. Afterwards, the owners’ traces vanished until 1969. Since 2006 the most expensive newspaper is the property of Joseph Hackmey in Israel.
Today, the Romanian stamps are among the highest acclaimed in the world, with Romania ranking seventh in the classification of the most beautiful stamps in the world. Romania annually sells stamps worth hundreds of thousands of euros. The newspaper with a value of over 830 thousand Euro is back in Romania after more than 2 years in London, in a British collection, and dozens of other years in a bank in Switzerland. Worth 830,000 euros Zimbrulu si Vulturulu most expensive newspaper copy (the Aurochs and the Eagle) is the favourite in the race for the National Award of the EFIRO 2008 World Philatelic Exhibition along the famous Auroch’s head stamps.