Sale 846 — 2002 Rarities of the World

Sale Date — Saturday, 18 May, 2002

Category — Local Posts and Independent Mails

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
2406
 
Sale 846, Lot 2406, Local Posts and Independent MailsAmerican Express Co., New York N.Y., 2c Black on Green (4L1). Cancelled by "Paid" in oval, large margins, minor white spots in surface coloring, vertical crease and thins

ONE OF THE RAREST OF ALL LOCAL POST STAMPS -- PERHAPS THREE OR FOUR GENUINE EXAMPLES EXIST.

Researchers have argued over the origins of this post, but the best evidence available indicates that it was run briefly in 1856 as American Express Co. (no relation to the well-known firm by the name name) by proprietors Smith and Dobson, and was changed to Smith's City Express Post after Dobson departed. Several excellent forgeries of this stamp exist, but we are confident that this example is genuine, although it is a typographic variation with 15 fleur ornaments (instead of 14). This is the only recorded example with the "Paid" cancel.

E. 3,000-4,000
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