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Sale 1123 — The Rollin C. Huggins Jr. Collection of U.S. Officials

Sale Date — Friday, 8 April, 2016

Category — State Department $2.00-$20.00 Values

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
592
og
Sale Number 1123, Lot Number 592, State Department $2.00-$20.00 Values$5.00 State (O69), $5.00 State (O69)$5.00 State (O69). Original gum, incredible Jumbo margins and outstanding centering, deep rich colors

EXTREMELY FINE GEM. A TRULY SUPERB ORIGINAL-GUM EXAMPLE OF THE $5.00 STATE DEPARTMENT AND LIKELY THE FINEST EXTANT. THIS STAMP HAS BEEN GRADED XF-SUPERB 95 JUMBO BY P.S.E. THIS IS THE HIGHEST GRADED AND ONLY EXAMPLE TO ACHIEVE A 95 GRADE AMONG ALL FOUR OF THE DOLLAR-VALUE STATE DEPARTMENT ISSUES.

A Power Search review, as well as a survey of major named Officials sales, failed to find an example even approaching the margins and centering of the stamp offered here. The P.S.E. Population Report also bears this out. This stamp is the highest graded of any of the bicolor dollar-value State Department issues. To find the $5.00, which is rarest stamp of the series, in this grade is even more remarkable. One must go back to the 30c before finding a stamp graded higher than 90J. In fact, only the far more common 1c, 12c and 30c State denominations have received grades higher than this 95J among the 15 stamps in the series. The highest grades awarded by P.S.E. for the dollar value States are as follows:

$2.00 (Scott O68) OG 90 Jumbo

$5.00 (Scott O69) OG XF-Superb 95 Jumbo, the example offered here, the next best is OG F 70

$10.00 (Scott O70) OG XF 90

$20.00 (Scott O71) OG VF 80

With 1983 P.F. and 2016 P.S.E. certificates (OGh, XF-Superb 95 Jumbo; unpriced in SMQ above the grade of 90, SMQ $18,000.00 as 90)

7,500
13,000
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