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 1197 — United States Stamps

Sale Date — Thursday-Friday, 14-15 March, 2019

Category — 1894-1903 Bureau Issues (Scott 246-284)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
1876°
 
Sale Number 1197, Lot Number 1876, 1894-1903 Bureau Issues (Scott 246-284)$1.00 Black, Ty. II (276A), $1.00 Black, Ty. II (276A)$1.00 Black, Ty. II (276A). Deep shade and detailed impression, wide and essentially perfectly balanced margins, neat oval grid cancel

EXTREMELY FINE GEM. A SUPERB USED EXAMPLE OF THE 1895 $1.00 TYPE II WATERMARKED BUREAU ISSUE, WHICH HAS BEEN GRADED SUPERB 98 BY P.S.E. -- THIS IS THE HIGHEST GRADE AWARDED IN ANY CATEGORY.

With 2019 P.S.E. certificate (Superb 98; unpriced in SMQ above the grade of 95, SMQ $1,400.00 as 95). This is the highest grade awarded and it is shared by no others in any condition (used or unused). To extrapolate a potential SMQ value for this issue in the grade of 98, we looked at the other dollar value 1894-95 Bureaus in used condition. Six of the seven other dollar values are priced in SMQ in used condition at both 95 and 98. The average premium for a 98 is 2.55-times the price of a 95, meaning the potential SMQ value of this stamp is $3,500.00 (without taking into account that this is a population of one)

200
2,400
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