Sale 958 — 2008 Rarities of the World

Sale Date — Saturday, 7 June, 2008

Category — Carriers and Locals

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
741°
 
Sale 958, Lot 741, Carriers and LocalsAmerican Express Co., New York N.Y., 2c Black on Green (4L1). Uncancelled, margins mostly clear of ornaments, slightly creased with minor surface disturbances, mounted on paper with notation "Ferrary Sale June 18/24"

VERY FINE. ONE OF THE RAREST OF ALL LOCAL POST STAMPS -- FIVE GENUINE EXAMPLES ARE REPORTED TO 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 (the example in the Golden sale is evidently one of the forgeries). An article by William W. Sammis (Penny Post, April 2005) reports a fifth genuine copy of 4L1.

Ex Ferrary and Schwartz (Siegel Sale 824, lot 380, realized $8,000 hammer)

9,000
0