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4 Selected Lots, Page 1 of 1

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FILTER: Area=United States, Sub Area=U.S. Stamps, General=Back-of-Book, Issue/Country=Air Post, All Sale Dates thru 2023/01/01, Catalogue = C3a, Symbol IN ("NH")
Area/Sub/
General/Issue
Sale#/
Date
Lot#/
Grade
Symbol
Photo/Description
Cat./Est. Value
Realized
United States
U.S. Stamps
Back-of-Book
Air Post
2021-03-31
Inverted Jenny Position 77 and William T. Robey Letters
1531°
PF 85
nh
Sale Number 1233, Lot Number 1531, 24c Inverted Jenny, Position 7724c Carmine Rose & Blue, Center Inverted (C3a), 24c Carmine Rose & Blue, Center Inverted (C3a)24c Carmine Rose & Blue, Center Inverted (C3a). Position 77, the seventh stamp in the eighth row of the sheet of 100 purchased by William T. Robey on May 14, 1918, Mint Never-Hinged, small light pencil position number on back applied by Eugene Klein to every stamp in the sheet, deep rich color, remarkably bright fresh paper and gum, choice centering with unusually balanced margins

EXTREMELY FINE. A PHENOMENAL MINT NEVER-HINGED EXAMPLE OF THE FAMOUS 1918 24-CENT INVERTED “JENNY” ERROR. THIS REMARKABLE STAMP—IN POST-OFFICE MINT CONDITION WITH WIDE MARGINS, EXCEPTIONAL FRESHNESS AND GRADED VF-XF 85 BY THE PHILATELIC FOUNDATION—IS WITHOUT QUESTION ONE OF THE FINEST EXAMPLES IN EXISTENCE.

The original sheet of one hundred Inverted Jenny errors was purchased by William T. Robey on May 14, 1918, the first day the stamps went on sale in all three principal airmail route cities: Washington, D.C., New York and Philadelphia. Robey bought the sheet for its $24 face value at the New York Avenue Post Office window in the District of Columbia. On Sunday, May 19, Robey agreed to give Eugene Klein, a prominent Philadelphia stamp dealer, a one-day option to buy the sheet for $15,000. Klein exercised his option on Monday, May 20, in a late afternoon phone call, and he confirmed it with a registered letter to Robey sent in the evening mail. The sheet was delivered to Klein’s office by Robey and his father-in-law on the following day, Tuesday, May 21, 1918.

No later than Monday, May 20, the day Klein exercised his option, he had arranged to sell the sheet for $20,000 to Colonel Edward H. R. Green. Half of the $5,000 profit went to Klein’s partners, Percy McGraw Mann and Joseph A. Steinmetz. Klein was then authorized by Colonel Green to divide the sheet into singles and blocks, and to sell all but a few key position blocks.

Despite the great rarity and value of Inverted Jenny stamps, many of the original hundred have been mistreated by collectors over the years. Colonel Green himself allowed moisture to affect some of the stamps he retained. Eight straight-edge copies that Klein was unable to sell and returned to Colonel Green were found in Green’s estate stuck together in an envelope (they were soaked and lost their gum). Other examples have become slightly toned from improper storage and climatic conditions. Hinge removal has caused thins and creases in numerous stamps, and one was physically Scotch-taped to an exhibit page. Another was nearly lost to philately forever when it was swept up in a vacuum cleaner.

Our records contain five stamps that are certified Mint N.H. and one described as Mint N.H. when last sold decades ago. In order of grade, they are as follows:

1) Position 49, graded XF-90 (PF), Siegel Sale 1192, November 15, 2018, lot 644, $1,350,000 hammer

2) Position 77, graded VF-XF 85 (PF), the stamp offered here

3) Position 68, graded VF 80 (PSE), Siegel Sale 1052, October 9, 2013, lot 6, $500,000 hammer

4) Position 84, graded F-VF 75 (PSE), Siegel Sale 904, December 10, 2005, lot 499, $280,000 hammer, sold privately in 2007 for $825,000

5) Position 29, last sold in 1969 by Raymond and Roger Weill, never certified, private collection

6) Position 9, straight edge at top, the Locket copy, Siegel Sale 846, May 18, 2002, lot 2341

The stamp offered here -- Position 77 -- was sold in a 1959 John A. Fox auction on behalf of Frederick H. Douglas of Rumson New Jersey, where it was purchased by the Weills of New Orleans, acting as agent for a southern physician, Dr. J. A. Graves. Dr. Graves held the stamp for 23 years. It was next sold in 1982 in a Siegel sale on behalf of Dr. Graves, where it was purchased by another Weill client, Dr. Charles E. Test, for $198,000, a then-record price for a U.S. stamp. The stamp remained with Dr. Test until his 20th century stamps were sold by Christie's New York in 1994, where it was purchased by billionaire banker Edmond J. Safra for $173,000. Edmond Safra passed away under mysterious circumstances in 1999. The stamp was held by his family until 2014, when it was sold at Spink USA to the current owner.

With 2014 P.F. certificate (519955) stating IT IS GENUINE, NEVER HINGED. PF GRADED VF-XF 85

2021 Scott U.S. Specialized Catalogue Value $850,000.00

For the complete history and detailed records of every Inverted Jenny and owners’ biographies, go to https://invertedjenny.com

Sale Number 1233, Lot Number 1531, 24c Inverted Jenny, Position 7724c Carmine Rose & Blue, Center Inverted (C3a), 24c Carmine Rose & Blue, Center Inverted (C3a)
Image 2
Sale Number 1233, Lot Number 1531, 24c Inverted Jenny, Position 7724c Carmine Rose & Blue, Center Inverted (C3a), 24c Carmine Rose & Blue, Center Inverted (C3a)
Image 3
850,000
800,000
United States
U.S. Stamps
Back-of-Book
Air Post
2018-11-14
United States Stamps including Confederate States and Hawaii
644
PF 90
nh
Sale Number 1192, Lot Number 644, 24c Inverted Jenny, Mint Never-Hinged, Position 49 (Scott C3a)24c Carmine Rose & Blue, Center Inverted (C3a), 24c Carmine Rose & Blue, Center Inverted (C3a)24c Carmine Rose & Blue, Center Inverted (C3a). Position 49, Mint N.H., deep rich color unlike any we have ever encountered - this stamp being kept in a safety deposit for the past 100 years away from light and potentially damaging hands -- long and full perforations all around, pencil notation "49" on gum written by Eugene Klein on each position before the sheet was broken, unusually precise centering which is among the finest centering on the sheet

EXTREMELY FINE GEM. THIS MAGNIFICENT MINT NEVER-HINGED EXAMPLE OF THE 24-CENT INVERTED JENNY FROM POSITION 49 WAS RECENTLY REDISCOVERED. IT IS OFFERED TO THE MARKET FOR THE FIRST TIME SINCE THE SHEET OF 100 WAS BROKEN 100 YEARS AGO. IN OUR OPINION THIS IS THE FINEST EXAMPLE IN EXISTENCE, BY VIRTUE OF ITS PRISTINE GUM AND PHENOMENAL CENTERING. IT IS GRADED MINT N.H. XF-90 BY THE PHILATELIC FOUNDATION.

The original sheet of one hundred Inverted Jenny errors was purchased by William T. Robey on May 14, 1918, the first day the stamps went on sale in all three principal airmail route cities: Washington, D.C., New York and Philadelphia. Robey bought the sheet for its $24 face value at the New York Avenue Post Office window in the District of Columbia. On Sunday, May 19, Robey agreed to give Eugene Klein, a prominent Philadelphia stamp dealer, a one-day option to buy the sheet for $15,000. Klein exercised his option on Monday, May 20, in a late afternoon phone call, and he confirmed it with a registered letter to Robey sent in the evening mail. The sheet was delivered to Klein’s office by Robey and his father-in-law on the following day, Tuesday, May 21, 1918.

No later than Monday, May 20, the day Klein exercised his option, he had arranged to sell the sheet for $20,000 to Colonel Edward H. R. Green. Half of the $5,000 profit went to Klein’s partners, Percy McGraw Mann and Joseph A. Steinmetz. Klein was then authorized by Colonel Green to divide the sheet into singles and blocks, and to sell all but a few key position blocks.

Despite the great rarity and value of Inverted Jenny stamps, many of the original hundred have been mistreated by collectors over the years. Colonel Green himself allowed moisture to affect some of the stamps he retained. Eight straight-edge copies that Klein was unable to sell and returned to Colonel Green were found in Green’s estate stuck together in an envelope (they were soaked and lost their gum). Other examples have become slightly toned from improper storage and climatic conditions. Hinge removal has caused thins and creases in numerous stamps, and one was physically Scotch-taped to an exhibit page. Another was nearly lost to philately forever when it was swept up in a vacuum cleaner.

The stamp offered here -- Position 49 -- was purchased by a relative of the current consignor shortly after the sheet was broken in 1918. It was kept in a safety deposit box and passed down through descendants to the current owner, who has decided to release it back onto the market. This stamp was unknown to scholars until recently.

Ex Colonel Edward H. R. Green. Pencil "49" position number (written by Eugene Klein on all 100 positions) on back. With 2018 P.F. certificate (Mint N.H., XF 90)

View the special catalogue for Inverted Jenny Position 49: https://siegelauctions.com/2018/1192/1192A.pdf

For the complete history and detailed records of every Inverted Jenny and owners’ biographies, go to https://invertedjenny.com

Sale Number 1192, Lot Number 644, 24c Inverted Jenny, Mint Never-Hinged, Position 49 (Scott C3a)24c Carmine Rose & Blue, Center Inverted (C3a), 24c Carmine Rose & Blue, Center Inverted (C3a)
Image 2
850,000
1,350,000
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United States
U.S. Stamps
Back-of-Book
Air Post
2013-10-09
The Beverly Hills Collection of United States Inverts
PSE 80
nh
Sale Number 1052, Lot Number 6, 1918 Inverted Jenny Invert-Never Hinged24c Carmine Rose & Blue, Center Inverted (C3a), 24c Carmine Rose & Blue, Center Inverted (C3a)24c Carmine Rose & Blue, Center Inverted (C3a). Position 68, Mint Never-Hinged, exceptionally vibrant colors on bright paper, fresh gum, small pencil “68” position number written on back corner by Eugene Klein (as he did on all 100 in the original sheet)

VERY FINE AND CHOICE. ONLY FIVE EXAMPLES OF THE FAMOUS 24-CENT INVERTED “JENNY” ARE KNOWN IN MINT NEVER-HINGED CONDITION, INCLUDING THE “LOCKET COPY”. THIS STAMP, WITH ITS RICH COLORS, FULL PERFORATIONS AND PRISTINE GUM, IS ONE OF THE FINEST OF ALL KNOWN EXAMPLES OF PHILATELY’S MOST RENOWNED STAMP.

Ex Theodore A. Stevens (Siegel Sale 225, December 10, 1959, lot 556, $6,400), anonymous owner (Siegel Sale 674, December 16, 1986, lot 1499, $120,000 hammer plus 10% premium to Stanley M. Piller as agent for private collector) and private collector (collection sold to Jay Parrino through Stanley M. Piller and Siegel Auction Galleries)

With 1986 Philatelic Foundation certificate (170000) as “Genuine” (at this time The Philatelic Foundation’s policy was to omit the words “previously hinged” to indicate the stamp was Never Hinged). With 2013 P.F. certificate as “Genuine, Mint N.H.” with a grade of Very Fine 80. With 2013 Professional Stamp Experts certificate (1270176), which states “genuine unused, o.g., never hinged, position 68” with a grade of Very Fine 80, Mint OGnh.

The grade of Very Fine 80 is the higher of the two for Scott C3a in Mint NH condition in the PSE Population Report. The other PSE-graded Mint NH stamp (Position 84) is graded Fine-Very Fine 75. In addition, the PSE Population Report shows previously hinged copies graded 80, 85 and 95. All other copies are hinged and graded lower than 80.

2013 Scott Catalogue Graded Value for Mint NH VF 80: $1,000,000

Stamp Market Quarterly Value: $960,000

Click here for an introduction to the 1918 24-cent Air Post Issue: http://siegelauctions.com/2013/1052/C3_Intro.pdf

Click here for a census of Mint Never-Hinged examples of the Inverted Jenny: http://siegelauctions.com/2013/1052/C3a_NH.pdf

Click here for a reconstruction of the Inverted "Jenny" Sheet: http://siegelauctions.com/2013/1052/C3a_Reconstruction.pdf

1,000,000
500,000
Back to Top
United States
U.S. Stamps
Back-of-Book
Air Post
2005-12-10
Superb United States Stamps
499
PSE 75
nh
Sale Number 904, Lot Number 499, Mint Never-Hinged Inverted 24c Carmine Rose & Blue, Center Inverted (C3a), 24c Carmine Rose & Blue, Center Inverted (C3a)24c Carmine Rose & Blue, Center Inverted (C3a). Position 84, Mint Never Hinged, rich colors, wide margins with centering better than most examples from the original sheet of 100, couple tiny natural inclusions on back only, pencil notation on back noting position

VERY FINE. A RARE MINT NEVER-HINGED EXAMPLE OF THE FAMOUS 191 24-CENT INVERTED "JENNY" ERROR.

According to Jenny by George Amick (Amos Press, 1986), the original sheet of 100 Inverted "Jenny" stamps was purchased for $24 by William T. Robey at the New York Avenue Branch Post Office window in Washington D.C., on May 14, 1918, one day after the stamp was first placed on sale at the main post office. On May 20, Robey sold his sheet for $15,000 to Eugene Klein, a Philadelphia stamp dealer. Klein had already arranged to sell the sheet to Col. Edward H. R. Green for $20,000. Colonel Green instructed Klein to divide the Inverted "Jenny" sheet into singles and blocks, and to sell all but a few key position blocks.

It is well-known among stamp specialists and professionals that examples of the Inverted "Jenny" come in different grades of freshness and condition. Many of the original 100 stamps were mistreated by collectors during the years, despite the stamps' rarity and value. Colonel Green himself allowed moisture to affect some of the stamps he retained. Other examples have become slightly toned from improper storage and climatic conditions. Hinge removal has caused thins and creases in numerous stamps, and at least seven have been "lost" to philately -- or nearly so, as in the case of the copy swept up in a vacuum cleaner.

This example is remarkable for its pristine state of preservation. Our review of the census of the Inverted "Jenny" has found that there are only six positions that are either Mint N.H., or are potentially in Mint N.H. condition. These are: Positions 29, 33, 68, 74, 77 and 84. Of these, Position 29 may have a paper speck (needs to be confirmed).

Ex Dick and Matthews. With 1969 P.F certificate and 2005 P.S.E. certificate (F-VF 75). We feel that this stamp deserves a grade of VF 80.

325,000
280,000
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FILTER: Area=United States, Sub Area=U.S. Stamps, General=Back-of-Book, Issue/Country=Air Post, All Sale Dates thru 2023/01/01, Catalogue = C3a, Symbol IN ("NH")

4 Selected Lots , Page 1 of 1


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