Thursday, December 27, 2007

More money in stamps than in intellectual property?

A stamp, bearing an image of an inverted Jenny biplane, is probably worth more than a Jenny itself.

AP reported:

The rare 1918 24-cent stamp, depicting an upside-down Curtis JN-4 biplane known as "Jenny," was sold privately this week to a Wall Street executive who did not want to be identified.

Heritage Auction Galleries president Greg Rohan, who brokered the [$825,000] sale, said the buyer is the same collector who lost an auction last month in which another "Inverted Jenny" sold for $977,500. Rohan said his client, whom he described as not being a rare stamp collector, was glad to get another chance at the prized misprint.

IPBiz had previously noted the interrelation of the Jenny to the intellectual property policy of CIRM:

In an IPBiz post on May 28, there was discussion of a CIRM document from an April 27 meeting of CIRM's IP Task Force: There was a conclusion about the U.S. aviation patent pool in World War I: "and that's what led to fighter planes being built for World War I."

IPBiz noted that there were no U.S. - built fighter planes ever used in World War I. For example, US ace Eddie Rickenbacker flew Nieuport 28 and SPAD XIII aircraft (French).

If we soften this inquiry to Weren’t there U.S.-built planes involved in the war?, the answer may be yes. The Jenny (the Curtiss JN-4) in some sense was "involved" in World War I as a trainer. However, the Jennies were not the planes going up over the lines.


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