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Sale 1118 — The Don David Price Iconic Collection of U.S. Bicolored Issues

Sale Date — Tuesday, 15 March, 2016

Category — 1901 Pan-American Issue Inverts

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
211
 
Sale Number 1118, Lot Number 211, 1901 Pan-American Issue Inverts1c Pan-American, Center Inverted (294a), 1c Pan-American, Center Inverted (294a)1c Pan-American, Center Inverted (294a). Vertical pair, choice centering, neat strike of wavy-line machine cancel, bottom stamp horizontal crease at lower left

TOP STAMP VERY FINE AND BOTTOM HAS SIMILAR APPEARANCE. THIS IS THE ONLY RECORDED USED MULTIPLE OF THE ONE-CENT PAN-AMERICAN WITH INVERTED CENTER. AN OUTSTANDING 20TH CENTURY RARITY.

The 1c Pan-American Inverts were found in at least four different post offices around the country, soon after release of the issue in May 1901. According to the revised Johl-King book (p.7) "The first known copies of this error were discovered at Bessemer, Alabama, by the Carrell Jewelry Company on some circulars just prior to mailing them. When they realized the find they had made they lost no time in removing the stamps from the circulars and thus saved them to philately."

The 1c Pan-American Invert in used condition is considerably scarcer than unused. Our updated census, available at our website at http://siegelauctions.com/dynamic/census/294a/294a.pdf , records 51 used examples plus three on cover, for a total of 54 copies. Of these, only six off-cover singles plus one in this pair can be confirmed as sound. An additional three need to be examined for condition as they have not been seen since 1953, 1960 and 1979, and have never been certified. 40 off-cover stamps plus one on cover have faults ranging from corner creases to repairs. Only four of the six sound singles have perfs clear of the design on all four sides. The top stamp in this pair adds one to this number.

Census No. 294a-CAN-PR-01. Our Levi records indicate this was offered in a Sep. 11, 1952 Mozian sale. With 1994 A.P.S. and 2016 P.F. certificates. Scott Retail as singles

60,000
19,000
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