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Sale 1106 — 2015 Rarities of the World

Sale Date — Thursday, 25 June, 2015

Category — 1869 Pictorial Issue and Re-Issue

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
3117
 
Sale Number 1106, Lot Number 3117, 1869 Pictorial Issue and Re-Issue6c Blue, Re-Issue (126), 6c Blue, Re-Issue (126)6c Blue, Re-Issue (126). Perfect centering with wide margins all around, bright color, lightly struck target cancel

EXTREMELY FINE GEM. GRADED SUPERB 98, THIS IS THE HIGHEST GRADED EXAMPLE OF THE 6-CENT 1869 PICTORIAL RE-ISSUE IN ANY CONDITION -- EITHER UNUSED OR USED -- AND USED IS SIGNIFICANTLY RARER. ONE OF THE FINEST 1869 PICTORIAL RE-ISSUE STAMPS EXTANT.

The 6c is one of the rarest of the 1869 Pictorial Re-Issues in used condition. SMQ estimates that approximately 30 exist, and our own informal count concurs. Most are either off-center or have flaws. This superb stamp is certainly the finest of the used population. There are no other 6c Re-Issues graded higher than 95 in any gum condition - original gum, no gum or used (four original gum, one no gum and one used are graded 95).

With 2015 P.F. (Superb 98) and 2015 P.S.E. certificates (Superb 98; unpriced in SMQ above the grade of 95, SMQ $17,500.00 as 95). By way of comparison, in the instances where SMQ prices unused 1869 Pictorial Re-Issues at a 98 grade, it prices them approximately twice the value of a 95 (only the 1c is priced at 98 used and it is also double the 95 price). If that were to hold for this stamp, SMQ would be approximately $35,000.00

3,250
32,500
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