It has been a year since this story was posted and the discovery of the stamp. Still no background as to who the young man's grandfather was . Was the grandfather a known philatelist or was he a general collector. This whole story stinks . It is like no one wants the truth to come out ,the APS sold the stamp , got their money , end of story
The stamp has not yet been sold. It will be offered for auction May 11 by Robert A. Siegel. The man who had the stamp all those years was not a philatelist; he was simply a collector of things. He had a legitimate bill of sale for the stamp from a NYC dealer. This was all revealed a year ago.