VERY FINE. A RARE SOUND AND CHOICE EXAMPLE OF THE ONE-CENT 1851 TYPE I, SCOTT 5, WHICH COMES ONLY FROM POSITION 7 IN THE RIGHT PANE OF PLATE ONE EARLY. ONLY ONE OUT OF THE 1,000 POSITIONS ON PLATES USED TO PRINT THE STAMPS ISSUED IMPERFORATE IS THE TYPE I, WHICH HAS THE DESIGN NEARLY COMPLETE, INCLUDING THE ORNAMENTAL PLUMES AND BALLS AND TOP AND BOTTOM. ONE OF THE MOST DIFFICULT OF ALL CLASSIC UNITED STATES STAMPS TO FIND IN SOUND CONDITION.
The published census compiled by Jerome S. Wagshal (available at our website at https://siegelauctions.com/census/us/scott/5 ) contains at least 98 unduplicated records of Scott 5. There are probably no more than ten examples existing outside of the Wagshal census population. Therefore, the 1c 1851 Type I is the rarest of all United States stamps issued regularly prior to the 1868 Grills.
Because of the significance attached to the outer portions of the 1c 1851 design, rare types that have been carefully cut apart, so as not to impinge on any part of the design, are extremely desirable. The narrow spacing between stamps in the sheet and the users' indifference to the outlying ornamentation during separation are factors that contributed to the great rarity of four-margin examples. Time has also not been kind to the surviving population, as very few are sound. The example offered here, in sound condition, with a sheet margin at top and with the type characteristics visible, is regarded as one of the finest in existence.
Wagshal Census No. 5-CAN-023. Ex Neinken and Wagshal (this is the first time this stamp has been offered since Jerome Wagshal passed away -- it was not part of our series of Wagshal sales). With 1947 R.P.S. certificate.