It's no secret that Pimco's Bill Gross may be the most passionate stamp collector in the Billionaire's Club.
He's also generous with his treasures.
- Bond King Talks About His Stamp Collection
Gross is about to auction off potentially a few million dollars worth of his stamps to help fund a wing of the National Postal Museum at the Smithsonian, located in an old post office off the mall in Washington DC. He wants to help create a Mecca for stamp lovers. Most of the museum's current collection is "buried in a basement" says Gross, and his plan is to help bring those stamps out into the open for the public to see.
Wait 'til you hear what he's giving the museum.
But first, here's what he's auctioning off next month through Spink Shreves Galleries, a series of stamps from the Confederate States and British North America (Canada).
One is a 10-cent stamp from Victoria, Texas, from 1863, which Gross paid $115,000 for ten years ago.