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Fortune

Jason Ma

'Bond King' Bill Gross is about to make a killing on his stamp collection, but he thinks the market is due for a correction and is getting out

Bill Gross Donald Trump United States FT

Bill Gross sit in front of image of old stamps (Credit: Paul Bersebach—Digital First Media/Orange County Register via Getty Images)

Legendary bond investor Bill Gross amassed a hoard of rare U.S. stamps that's reputed to be the most complete collection ever—and he's about to sell them off.

On Friday and Saturday, the Robert A. Siegel auction house will put the stamps up for sale individually with estimates for the total haul at $15 million-$20 million, which would set a record for U.S. stamps.

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