Newfoundland airmail/cindy

Well, found the answer on SCF, posted by member CindyCan2. Not sure if he's a member here, but hope he doesn't mind my reposting his information.

The so-called "Wayzata Airmail" stamp was issued in August 1932 to fund an historic cross-Atlantic flight from Wayzata, Minnesota to England, with relay stops in Newfoundland, Iceland, Norway, Sweden, Germany and Denmark. To fund the flight, Aerial World Tours planned to produce 400,000 stamps. They would sell 300,000 stamps at $1 each to cover their expenses and to buy a Sikorsky Amphibian aircraft (pictured on the stamp) capable of carrying 44 passengers. For 20% of the profits on the 300,000 stamps, the Government of Newfoundland agreed to sell a further and final 100,000 through its Post Offices thus giving the stamp full postal status. In July 1932, a total of 400,000 stamps were engraved and printed by the Bureau of Engraving of Minneapolis, MN, in sheets of 20 (4x5) under supervision of the city's Northwestern National Bank. However by early August, Aerial World Tours ran into financial problems. Funds which they believed had been committed to the project never materialized. With its original capital exhausted, the company made a valiant effort to survive. On August 11th the Company purchased a first lot of 25,000 stamps for $5000 from the Northwestern National Bank. To raise the $5,000 payment, representing the 20% share due to the Government of Newfoundland, the Company borrowed the money using the stamps themselves as collateral. A smaller 8-passenger Sikorsky S-38 (rechristened the "Newfoundlander") was leased, and despite disappointing stamp sales, the company decided that the flight should go ahead no later than September 25th. But on September 13th, the Government of Newfoundland cancelled the contract, apparently because the flight had been delayed, and demanded that all the stamps already issued be collected and returned. The remaining 375,000 stamps, along with the dies and proofs, were destroyed. In an attempt to obtain recognition for the stamps, the Company forwarded the prepared covers to Newfoundland in October, requesting that they be postmarked and forwarded to the addresses. The Newfoundland authorities refused to cancel the covers, but did forward them under official cover. Of the 25,000 stamps released to Aerial World Tours, those which had not been sold were subsequently offered to collectors. A final remaining batch of approximately 12,000 stamps were stolen from a home in Minneapolis in the late 1960's, and never recovered.

Thanks CindyCan2 and SCF.

I was just about to enquire as to the reasonable price range, expected to pay for a Wayzata
Looking at this thread  25%  of $50
Would that be in the ball park?

(Just a single stamp, no selvedge)

The stamp I was following in North America sold for  $7  (mint lightly hinged)