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United States Stamps continued...

Prices realized...
Locals (F thru T):
Lot Sym. Lot Description Est/Cat Realized
402 imageFloyd's Penny Post, Chicago Ill., (1c) Blue (68L1). Horizontal strip of three, large margins to ample at top, clear strikes of "Floyd's Penny Post" circular sunburst handstamp, the soft paper has two tiny thin speck and a small tear at lower left, still Extremely Fine, the second largest multiple of any Floyd's stamp (Image) E. 750-1,000 1,250.00
403 imageFloyd's Penny Post, Chicago Ill., (1c) Brown (68L2). Huge margins all around, rich color, neatly cancelled by Floyd's circular sunburst handstamp, Extremely Fine Gem, very scarce (Image) E. 1,000-1,500 1,800.00
404 og imageFloyd's Penny Post, Chicago Ill., (1c) Green (68L3). Original gum, ample even margins all around, bright and fresh, tiny pinhole

VERY FINE APPEARANCE. ONLY TEN EXAMPLES OF FLOYD'S GREEN STAMP ARE KNOWN TO US, AND OF THESE ONLY TWO HAVE ORIGINAL GUM.

John R. Floyd advertised the start of his Penny Post in July 1860. In June 1861, after the outbreak of the Civil War, Floyd sold the firm to Charles W. Mappa, but continued to assist in managing the post for several months before leaving for war in January 1862. Mappa in turn sold out to Kimball & Waterman in May 1862, and the post continued at least until November 1862 and then closed.

The Brown and Blue stamps were the first issued, and the Blue continued to be issued from 1860 through 1862. The Green stamps are known used only in October and November 1862, thus they appear to be the last printing, probably by Kimball & Waterman before the post was closed. The Blue is the most common, and the Brown is extremely scarce. The Green is by far the rarest, with only two recorded covers, five or six used stamps off cover, and three unused stamps (two with original gum) known to us. (Sources: Abt's American Philatelist series on Chicago local posts and Stimmell's article in The Penny Post, Jan. 1997).

Listed but unpriced in Scott. (Image)

E. 2,000-3,000 2,000.00
405 imageFloyd's Penny Post, Chicago Ill., (1c) Green (68L3). Large margins all around, rich color, neatly cancelled by "Floyd's Penny Post Chicago" circular handstamp, tiny scrape at bottom mostly beneath cancel, still Extremely Fine, one of the choicest of the five or six cancelled examples known off cover (Image) 1,000.00 2,100.00
406 imageFrazer & Co., Cincinnati O., 2c Black on Pink (69L2). Ample to huge margins, neat ms. cancel, Very Fine, extremely rare, especially in sound condition, probably no more than ten 69L2 stamps exist on or off cover (Image) E. 1,000-1,500 3,000.00
407 imageFrazer & Co., Cincinnati O., 2c Black on Green (69L3). Small even margins all around, faint ms. cancel, rim of red circular datestamp at top, slight thins, Very Fine appearance, extremely rare (Image) E. 750-1,000 2,400.00
408 imageFreeman & Co.'s Express, (unstated value) Blue, "To be dropped in New-York Post-Office" (164L1). Margins clear to slightly in, faint toning, minor faults

ONE OF THREE OR FOUR KNOWN EXAMPLES OF THE FREEMAN & CO. EXPRESS STAMP. A MAJOR RARITY OF THE TRANSCONTINENTAL EXPRESSES.

John H. Freeman was a prominent California expressman. In 1851 he sold his business to Adams & Co. and became their agent in Sacramento and Panama. Soon after the collapse of Adams in 1855, Freeman established Freeman & Co.'s Express, and his business grew until November 1859, when he stopped service after selling out to Wells, Fargo & Co.

The Freeman & Co. "To be dropped in New-York Post-Office" Blue stamp is identical -- except for the company name -- to Wells, Fargo & Co.'s Black stamp, listed as Scott 143LP1. It is likely that Freeman & Co. started the service not long before selling out in 1859. Freeman would carry letters outside the mails from California to New York and deposit them (with or without U.S. postage) into the post office. Wells, Fargo & Co. adapted the same stamp design in 1860. The "Dropped" stamps of Freeman or Wells Fargo are extremely rare, and it seems that they were not used extensively. Of the Freeman & Co. stamp, there are two confirmed off-cover examples (and a possible third) and one genuine cover.

Ex Perry and illustrated in his Pat Paragraphs series. (Image)

E. 2,000-3,000 3,000.00
409 c imageGrafflin's Baltimore Despatch, Baltimore Md., 1c Black (73L1). Ample margins to just touching, used with 3c Dull Red (11), large margins to touching, both stamps tied by blue "Baltimore Md. May 27, 1857" circular datestamp on cover to New York City, 3c stamp has trivial corner crease and toned spot

VERY FINE. A SUPERB TIED EXAMPLE OF THE GRAFFLIN'S DESPATCH STAMP IN COMBINATION WITH THE 1851 ISSUE. ONE OF THE FINEST OF THE FEW TIED COMBINATIONS KNOWN.

Ex Waterhouse and Hollowbush. Scott value $4,000.00. (Image)

E. 2,000-3,000 2,500.00

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