Is Hepburn Still Smoking Hot?

A collector stands to make a tidy profit after discovering a rare stamp portraying movie star Audrey Hepburn smoking — one of a series that should have been incinerated by the German government.

In 2001, the government printed 14 million Audrey Hepburn stamps as part of a series featuring movie stars including Charlie Chaplin, Marilyn Monroe and Greta Garbo. The print run was destroyed after Hepburn's son, Sean Ferrer, objected to the cigarette holder dangling from the actress' mouth and refused to grant copyright. But the Finance Ministry had already delivered advance copies of the Hepburn stamps to Deutsche Post for approval. Thirty of these proof copies escaped destruction when an unknown employee pocketed them and used them to send letters postmarked from Berlin.

A minimum bid of euro30,000 (US$41,959) has been set for the stamp — of which only five copies are known to exist — at its auction Tuesday at Berlin's Kempinski Hotel Bristol.

"We can only guess that whoever took the Hepburn stamps from Deutsche Post didn't realize their value, thought they would save 55 cents and just used them on normal letters," auctioneer Andreas Schlegel told The Associated Press.

UPDATED: 5.27.09 The stamp sold for $93,800 at an auction in Germany Tuesday. Both buyer and seller were anonymous.