Arthur Hind bought the stamp during a series of fourteen auctions in 1922 for over $36,000 (reportedly outbidding three kings, including George V); on 6 April 1922, sale 3, lot 295, the stamp sold for 300,000 franc + 17½% tax (@48 frs. to £1 it was £7,343). On 30 October 1935 it was offered for sale at Harmer Rooke & Co auction 2704, lot 26, where a bid of £7,500 was received from Percival Loines Pemberton. However, the lot was withdrawn and returned to Mrs. Scala (formerly Mrs. Hind). In 1940, she offered it for private sale through the philately department of Macy's department store in New York City. It was purchased for $40,000 by Fred "Poss" Small, an Australian-born engineer from Florida, who had wanted to own the stamp since he first heard about it as a boy. In acquiring it, Small completed a full set of stamps from British Guiana. In 1970, Small auctioned his entire stamp collection (estimated to be worth $750,000), and the 1c stamp was acquired by a syndicate of Pennsylvanian investors, headed by Irwin Weinberg, who paid $280,000 for it and spent much of the decade exhibiting it in a worldwide tour. John E. du Pont bought it for $935,000 in 1980, setting the world's record for a single stamp price again. Subsequently, it was believed to have been locked in a bank vault while its owner was in prison. Du Pont died while still incarcerated on 9 December 2010; 80 percent of the proceeds from the auction went to Bulgarian Valentin Yordanov, a retired Bulgarian wrestler, to whom Du Pont left the majority of his estate.