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Sale 863 — 2003 Rarities of the World

Sale Date — Saturday, 31 May, 2003

Category — 1870-88 Bank Note Issues (Scott 149 to 155)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
435
og
Sale Number 863, Lot Number 435, 1870-88 Bank Note Issues (Scott 149 to 155)7c Vermilion (149), 7c Vermilion (149)7c Vermilion (149). Original gum, intense color, choice centering with balanced margins

EXTREMELY FINE ORIGINAL-GUM EXAMPLE OF THE 1870 7-CENT NATIONAL BANK NOTE ISSUE. AN EXCEEDINGLY RARE STAMP IN SUCH SUPERB CONDITION.

With 2000 P.F. certificate

950
2,100
436
og
Sale Number 863, Lot Number 436, 1870-88 Bank Note Issues (Scott 149 to 155)10c Brown (150), 10c Brown (150)10c Brown (150). Original gum, intense color and impression, near perfect centering within well-balanced margins

EXTREMELY FINE GEM. AN EXTREMELY RARE ORIGINAL-GUM EXAMPLE OF THE 10-CENT 1870 UNGRILLED NATIONAL BANK NOTE ISSUE.

In searching past auction catalogues, we have located precious few examples of Scott 150 in the condition of the stamp offered here. Collectors who are unwilling to compromise on quality are well-advised to pursue this opportunity.

With 2002 P.F. certificate

1,000
8,500
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437
c
Sale Number 863, Lot Number 437, 1870-88 Bank Note Issues (Scott 149 to 155)10c Brown (150), 10c Brown (150)10c Brown (150). Choice centering, crisp impression, tied by light strike of cork cancel on 1871 folded cover from Matanzas, Cuba to Buenos Aires, Argentina, neat "St. Thomas 1 10 1871" circular datestamp, blue oval "Forwarded by J. Niles & Co. St. Thomas W.I." backstamp, blue crayon "2/4" rating, lightly cleaned along folds and minimal improvements to edgewear, Very Fine appearance, rare use of the U.S. stamp entirely outside of the U.S. -- it was applied in St. Thomas, then carried on a U.S. ship to Buenos Aires -- perhaps 20 are known used thusly, ex Schnell and Arnould

E. 1,200-1,500
0
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438
og
Sale Number 863, Lot Number 438, 1870-88 Bank Note Issues (Scott 149 to 155)12c Dull Violet (151), 12c Dull Violet (151)12c Dull Violet (151). Original gum, incredibly deep color and detailed impression, wide margins

EXTREMELY FINE ORIGINAL-GUM EXAMPLE OF THE 12-CENT 1870 UNGRILLED NATIONAL BANK NOTE ISSUE.

With 2000 P.F. certificate

2,000
1,500
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439
og
Sale Number 863, Lot Number 439, 1870-88 Bank Note Issues (Scott 149 to 155)15c Bright Orange (152), 15c Bright Orange (152)15c Bright Orange (152). Original gum, exceptionally well-centered with unusually well-balanced margins, vivid color on bright paper

EXTREMELY FINE GEM. AN EXCEEDINGLY CHOICE EXAMPLE OF THE 1870 15-CENT UNGRILLED NATIONAL BANK NOTE ISSUE.

The 15c 1870 National Grilled Issue (Scott 141) is widely recognized as an extremely rare stamp in choice original-gum condition. Less well known is the fact that its ungrilled counterpart -- Scott 152 -- is comparably challenging to find in such condition. This stamp has all of the National printing characteristics, but it defies the norm by having exceptional attributes of centering and freshness.

With 1997 P.F. certificate

2,200
2,400
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440
og
Sale Number 863, Lot Number 440, 1870-88 Bank Note Issues (Scott 149 to 155)24c Purple (153), 24c Purple (153)24c Purple (153). Original gum, lightly hinged, balanced margins all around with virtually perfect centering

EXTREMELY FINE. AN OUTSTANDING EXAMPLE OF THE 1870 24-CENT NATIONAL BANK NOTE UNGRILLED ISSUE.

With 1983 and 2000 P.F. certificates

1,600
2,000
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441
og
Sale Number 863, Lot Number 441, 1870-88 Bank Note Issues (Scott 149 to 155)30c Black (154), 30c Black (154)30c Black (154). Original gum, lightly hinged, choice centering with wide margins, beautiful deep charcoal shade and detailed impression

EXTREMELY FINE. THE 1870 30-CENT NATIONAL UNGRILLED ISSUE IS ONE OF THE MOST DIFFICULT OF ALL BANK NOTE ISSUES TO FIND IN SOUND, WELL-CENTERED, ORIGINAL-GUM CONDITION.

During the past few years, we have offered a few superb original-gum examples of other 30-cent Bank Note Printings, most notably Scott 165. Collectors have recognized the rarity of these stamps, bidding aggressively for the best stamps and often setting record prices. A search of our records and past auction catalogues finds a few stamps on a par with this example.

With 2002 P.F. certificate

5,750
5,500
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442
ogbl
Sale Number 863, Lot Number 442, 1870-88 Bank Note Issues (Scott 149 to 155)30c Black (154), 30c Black (154)30c Black (154). Left sheet margin block of six, original gum, top left and top right stamps h.r., dark charcoal shade and crisp impression on fresh paper, top right stamp faint corner crease and pulled perf

FINE AND RARE SHEET-MARGIN BLOCK OF THE 30-CENT UNGRILLED 1870 NATIONAL BANK NOTE ISSUE.

A review of auction records produced four blocks of six with identical centering, offered variously as Scott 154 or 165. We are confident that our identification of this as the 1870 National is correct.

Ex Sinkler.

40,500
0
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443
og
Sale Number 863, Lot Number 443, 1870-88 Bank Note Issues (Scott 149 to 155)90c Carmine (155), 90c Carmine (155)90c Carmine (155). Original gum, lightly hinged, well-centered, proof-like impression

EXTREMELY FINE ORIGINAL-GUM EXAMPLE OF THE 1870 90-CENT UNGRILLED NATIONAL BANK NOTE ISSUE.

In general, the Grilled National Bank Note Issues in superb original-gum condition overshadow their ungrilled counterparts. This is also true for the 90c. However, in the case of the 90c, collectors are frequently misled by the availability of Scott 166, the 1873 Continental printing. The difference in shades is distinct, yet collectors have a tendency to under-rate the 1870 National printing. Most original-gum examples are poorly centered. This example is remarkable for its centering and wide margins.

With 2002 P.F. certificate

4,250
5,250
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444
og
Sale Number 863, Lot Number 444, 1870-88 Bank Note Issues (Scott 149 to 155)90c Carmine (155), 90c Carmine (155)90c Carmine (155). Original gum, beautiful rich color and detailed impression on brilliant paper

VERY FINE AND CHOICE. THE 1870 90-CENT UNGRILLED NATIONAL BANK NOTE ISSUE IS RARE IN SUPERIOR ORIGINAL-GUM CONDITION.

The 1870 90c National Ungrilled Issue, Scott 155, is somewhat overshadowed by its grilled counterpart, Scott 144. Collectors are also misled by the availability of Scott 166, the 90c 1873 Continental. Although the difference in shades is distinct, collectors have a tendency to confuse the two and under-rate the 1870 National printing.

With 1995 P.F. certificate

4,250
2,800
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