Prague, Feb 12 (CTK) – The most valuable Czechoslovak postage stamp whose price is put at five million crowns will be offered for sale in an auction in March, according to Burda Auction catalogue.

The four-crown green stamp with a reversed overprint saying Posta ceskoslovenska (Czechoslovak Post) 1919 originated from the Austro-Hungarian Monarchy, of which the Czech Lands were part until the establishment of the first Czechoslovak state in 1918.

The stamp has been owned by the best-known Czech philatelist Ludvik Pytlicek, 75, who is selling the largest collection of Czechoslovak stamps dating from 1918-1939 since his descendants do not pursue philately.

Last year, Pytlicek sold part of his collection for ten million crowns, including nine joined stamps with a faulty inscription Magyar Posta from 1919, which were sold for two million crowns.

Burda Auction, which is gradually selling his collection of five thousand sheets, labels the sale of the green stamps the peak of the entire sale.

The legendary stamp and the final part of Pytlicek’s collection will be on offer after a period of 90 years at an auction in the Municipal House on March 11.

The specimen is flawless and the only one of its kind, Burda Auction writes.

Other exclusive stamps to be featured at the March auction include a bloc of red one-crown Czechoslovak stamps marked Nitra, whose price is estimated at 1.5-1.8 million crowns.

Pytlicek is a member of the most prestigious club of philatelic rarities – Club 100 de Monte Carlo de l’Elite de la Philatelie. In 2008, he published a book on his rare collection of stamps.

The Czechoslovak Philatelic Association is planning a world exhibition of postal stamps on the occasion of the 100th anniversary of the establishment of Czechoslovakia named Praga 2018. The rare specimens to be displayed include two most valuable stamps: the Blue and Red Mauritius as well as a letter with two Red Mauritius stamps. They belong to an anonymous Czech collector who is to reveal his or her identity at the exhibition, according to earlier information of daily Hospodarske noviny (HN).