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Sale 1166 — United States Stamps

Sale Date — Tuesday-Thursday, 24-26 October, 2017

Category — 1901 Pan-American Issue (Scott 294-299)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
903
og
Sale Number 1166, Lot Number 903, 1901 Pan-American Issue (Scott 294-299)2c Pan-American, Center Inverted (295a), 2c Pan-American, Center Inverted (295a)2c Pan-American, Center Inverted (295a). Original gum, bright frame color and sharp vignette impression, choice centering, most recent certificate notes "trace of a prior tiny natural inclusion above the left '2'" -- it has been this way in photos going back half a century and was never mentioned in three prior clear certificates

EXTREMELY FINE. ONE OF THE FINEST RECORDED EXAMPLES OF THE 2-CENT PAN-AMERICAN INVERT WITH ORIGINAL GUM.

A survey of the Levi records produced 64 single unused stamps (excluding the block of four and rejoined block of four). Many of these were described in auction catalogues more than 40 years ago; therefore, the determination of soundness is uncertain. However, assuming the old descriptions were reaffirmed today, approximately 45% of singles across all centering categories have faults.

Of the single stamps with Extremely Fine centering (a minimum grade of 85), we counted 13 sound and 9 with faults. This stamp has the distinction of being the only 2c Pan-American Invert offered in our very first Rarities of the World sale, in February 1964, where it realized $8,000 versus the then-current Scott value of $4,500.

With 1964, 1989, 2000 and 2006 P.F. certificates.

Click here for an introduction to the 1901 Pan-American Issue: http://siegelauctions.com/2013/1052/1901_Intro.pdf

55,000
36,000
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