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 1122 — The Hanover Collection of Superb-Quality U.S. Stamps-Part One

Sale Date — Thursday, 7 April, 2016

Category — 1898 Trans-Mississippi Issue (Scott 285-293)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
171°
nh
Sale Number 1122, Lot Number 171, 1898 Trans-Mississippi Issue (Scott 285-293)50c Trans-Mississippi (291), 50c Trans-Mississippi (291)50c Trans-Mississippi (291). Mint N.H., rich color, proof-like impression, perfectly centered

EXTREMELY FINE GEM. THIS MAY WELL BE THE FINEST MINT NEVER-HINGED EXAMPLE OF THE 50-CENT TRANS-MISSISSIPPI ISSUE IN EXISTENCE. THIS REMARKABLE STAMP IS GRADED SUPERB 98 BY P.S.E. -- THIS IS THE HIGHEST GRADE ON RECORD AND ONLY THIS STAMP HAS ACHIEVED IT.

The design of the 50c Trans-Mississippi is based on a drawing by Frederic Remington titled Gold Bug, which was published in 1897 in New York as part of a series of drawings. It depicts a single prospector in a barren landscape, hammer in one hand and a gold prospecting pan in the other, with his dog and two pack mules. The design was originally considered for the $2.00 (an essay is known) but it was ultimately used for the 50c.

The 50c Trans-Mississippi is extremely scarce in well-centered condition. It also seems that fewer 50c stamps exist in Mint N.H. condition, relative to the dollar values of the set. The combination of Extremely Fine centering and Mint N.H. condition is exponentially rarer.

With 2009 P.S.E. certificate (Superb 98; SMQ $57,500.00). This is the highest grade awarded, and this is the only stamp to achieve it.

1,800
47,500
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