Contact Siegel
6 West 48th Street
9th Floor
New York, NY 10036
Contact by phone:
New York: (212) 753-6421
Dallas: (214) 754-5991

Sale 1027 — The Natalee Grace Collection of Used U.S. Stamps, Part Two: 1869 to Pan-American Issues

Sale Date — Wednesday, 19 September, 2012

Category — 1882-88 American Bank Note Company Issues (Scott 205-218)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
103
 
Sale Number 1027, Lot Number 103, 1882-88 American Bank Note Company Issues (Scott 205-218)5c Indigo (216), 5c Indigo (216)5c Indigo (216). Perfectly centered with Jumbo margins, intense shade and proof-like impression, face-free cancel at bottom leaves entire design clearly visible

EXTREMELY FINE GEM. THIS STUNNING STAMP HAS BEEN AWARDED THE HIGHEST GRADE POSSIBLE OF GEM 100 JUMBO BY P.S.E. -- THIS IS THE ONLY EXAMPLE TO ACHIEVE THIS GRADE.

According to Brookman, a circular by the Third Assistant Postmaster General, dated August 15, 1887, stated that "The five-cent stamp will be dark blue instead of chocolate brown, and will contain the head of Grant instead of Garfield." This stamp, issued in the spring of 1888, still shows the head of Garfield; as a compromise the Garfield Postal Stationery designs were withdrawn and superseded by an embossed profile of Grant.

The 5c was in plentiful supply, as it satisfied postage requirements for the Universal Postal Union rate to overseas destinations. However, it is a difficult issue to obtain in Gem-quality used condition.

With 2003 P.F. and 1997 and 2009 P.S.E. certificates (Gem 100 Jumbo; unpriced in SMQ above the grade of 98, SMQ $680.00 as 98). This is the highest grade possible on the grading scale, and it is the only example to achieve this grade. As another indication of the difficulty of finding this issue in Gem condition, the next-highest grade awarded to date is 95 Jumbo. This is also one of only six used Bank Note stamps (five Scott numbers) between Scott 134 and 218 to achieve this perfect grade (two others are also offered in this collection).

17
1,400
Copyright 2021. All rights reserved by Siegel Auction Galleries Inc. Information and images may be used with credit to Siegel Auction Galleries or siegelauctions.com subject to guidelines and restrictions.
Website Terms of Use and Privacy Policy