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legendarypre-1900

King Leopold I 'Epaulettes' Inverted Medallion

Belgium · 1865 · 20 Centimes

This stamp features a portrait of King Leopold I, the first King of the Belgians, in a central medallion. Known as the 'Epaulettes' issue, this particular stamp is a famous error where the central portrait medallion was printed upside down in relation to the surrounding frame. The design is notable for its intricate frame and the distinctive portrait of the monarch.

Issued in 1865, this stamp is part of Belgium's third definitive series. Printing errors like this inverted center were rare but occasionally occurred with bi-color or multi-part printing processes of the era, creating some of philately's greatest treasures.

Catalog Numbers

sg25a
scott17a
michel17K

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Estimated Values by Condition

Superb(S)

Perfectly centered, fresh, no faults

$125,000
Extremely Fine(XF)

Well centered, fresh colors

$100,000
Very Fine(VF)

Nicely centered, minor flaws

$75,000
Fine(F)

Average centering, acceptable

$40,000
Good(G)

Off-center or visible wear

$15,000

Prices are approximate market estimates for educational purposes. Actual values depend on specific factors including cancel type, margins, and provenance.