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Sale 1034 — The Merlin Collection of Superb United States Stamps

Sale Date — Wednesday-Thursday, 28-29 November, 2012

Category — 1893 Columbian Issue (Scott 230-245)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
221
og
Sale Number 1034, Lot Number 221, 1893 Columbian Issue (Scott 230-245)$1.00 Columbian (241), $1.00 Columbian (241)$1.00 Columbian (241). Original gum, small h.r., brilliant color and remarkably detailed impression, perfectly centered, long and full perforations all around

EXTREMELY FINE GEM. A STUNNING ORIGINAL-GUM EXAMPLE OF THE $1.00 COLUMBIAN ISSUE, WHICH HAS BEEN GRADED SUPERB 98 BY P.S.E. -- THIS IS THE HIGHEST GRADE AWARDED IN ANY CATEGORY AND ONLY ONE OTHER SHARES IT.

According to Brookman, only 55,050 copies of the $1.00 Columbian were issued. It was sold out before all of the other dollar values, probably because it was the most affordable of the dollar-value stamps. Speculation soon drove the price to $5.00 but it soon fell again, to about $1.50.

The theme of the stamp, Isabella pledging her jewels to finance Columbus's voyage, is known to most fifth-grade students who study the voyage of Columbus. However, the offer was never accepted, as financing was found elsewhere.

With 2011 P.S.E. certificate (OGph, Superb 98; SMQ $8,100.00). This is the highest grade awarded in any category (the highest Mint N.H. is a 95) and only one other shares this grade.

1,100
6,500
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