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Sale 924 — The Scarsdale Collection, Part 3: Bank Note and Bureau Issues and Postage Dues

Sale Date — Tuesday, 14 November, 2006

Category — 1870-71 National Bank Note Co. Grilled Issue

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
1
og
Sale Number 924, Lot Number 1, 1870-71 National Bank Note Co. Grilled Issue1c Ultramarine, Grill (134), 1c Ultramarine, Grill (134)1c Ultramarine, Grill (134). H. Grill, original gum, lightly hinged, clearly-defined grill points, brilliant color on bright paper, choice centering with well-proportioned margins

EXTREMELY FINE GEM. A SUPERB ORIGINAL-GUM EXAMPLE OF THE 1870 ONE-CENT NATIONAL BANK NOTE COMPANY GRILLED ISSUE.

With 1998 and 2001 P.F. certificates

2,750
5,250
2
og
Sale Number 924, Lot Number 2, 1870-71 National Bank Note Co. Grilled Issue2c Red Brown, Grill (135), 2c Red Brown, Grill (135)2c Red Brown, Grill (135). I. Grill, clearly-defined with twelve horizontal rows, original gum, lightly hinged, deep rich color, perfectly centered with wide margins

EXTREMELY FINE EXAMPLE OF THE 1870 2-CENT NATIONAL BANK NOTE COMPANY GRILLED ISSUE. ESPECIALLY DESIRABLE WITH THE STRONGER I GRILL.

This is only the second unused example of the 2c with an I Grill that we have offered since we started keeping track of the different National grill types, approximately three years ago.

With 1999 P.F. certificate which does not specify the grill type.

1,300
4,750
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3
og
Sale Number 924, Lot Number 3, 1870-71 National Bank Note Co. Grilled Issue3c Green, Grill (136), 3c Green, Grill (136)3c Green, Grill (136). I. Grill, clearly twelve horizontal rows in height, easily visible on the face of the stamp, original gum, lightly hinged, rich color, choice centering, subtle diagonal scoring line not mentioned on accompanying certificate, otherwise Extremely Fine, a pretty stamp and especially desirable with the I Grill, with 1998 P.F. certificate not specifying the grill type

800
1,500
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4
og
Sale Number 924, Lot Number 4, 1870-71 National Bank Note Co. Grilled Issue6c Carmine, Grill (137), 6c Carmine, Grill (137)6c Carmine, Grill (137). H. Grill, original gum, rich color and proof-like impression, several noticeable vertical rows of grill points, choice centering with well-proportioned margins

VERY FINE AND CHOICE. A BRIGHT AND FRESH ORIGINAL-GUM EXAMPLE OF THE 1870 6-CENT NATIONAL BANK NOTE GRILLED ISSUE.

With 1995 P.F. certificate

5,500
6,000
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5
nh
Sale Number 924, Lot Number 5, 1870-71 National Bank Note Co. Grilled Issue7c Vermilion, Grill (138), 7c Vermilion, Grill (138)7c Vermilion, Grill (138). I. Grill with clearly-defined grill throughout, Mint N.H., brilliant color on post-office fresh paper, gorgeous centering

EXTREMELY FINE GEM. THIS 1870 7-CENT NATIONAL BANK NOTE COMPANY GRILLED ISSUE IS OUTSTANDING IN EVERY RESPECT. THE STAMP IS IN MINT NEVER-HINGED SUPERBLY-CENTERED CONDITION. IT POSSESSES BRILLIANT COLOR, LONG AND FULL PERFORATIONS ALL AROUND AND IS THE SCARCER I GRILL VARIETY. WE SIMPLY CANNOT IMAGINE A FINER COPY OF THIS ISSUE.

The 7c stamp depicting Edwin Stanton was designed to prepay the rate for mail sent directly to Prussia, Austria and the German States, effective July 1, 1870. Production of the 7c stamp was postponed when the Franco-Prussian War caused a temporary discontinuance of this service, and hence the need for this specific denomination was greatly reduced. The earliest documented use of the 7c stamp is Feb. 12, 1871. Later in 1871 the rate for mail sent to Germany and Austria by Prussian Closed Mail via England was reduced from 10c to 7c, so the stamp's utility was restored. Luff notes that the first deliveries were after January 1871.

With 1999 P.F. certificate. Scott Retail as hinged. This is the only Mint N.H. example we have ever offered.

4,500
32,500
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6
og
Sale Number 924, Lot Number 6, 1870-71 National Bank Note Co. Grilled Issue10c Brown, Grill (139), 10c Brown, Grill (139)10c Brown, Grill (139). H. Grill, several noticeable vertical rows of grill points, original gum, deep rich color, unusually wide margins for this issue

EXTREMELY FINE. AN OUTSTANDING ORIGINAL-GUM EXAMPLE OF THE 1870 10-CENT NATIONAL BANK NOTE GRILLED ISSUE.

This stamp is found more frequently with small margins and very few visible grill points. The original-gum example offered here, with extra wide margins and a well-defined grill, is a condition rarity and ranks among the finest known.

With 1997 P.F. certificate

7,000
22,000
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7
og
Sale Number 924, Lot Number 7, 1870-71 National Bank Note Co. Grilled Issue15c Orange, Split Grill (141 var), 15c Orange, Split Grill (141 var)15c Orange, Split Grill (141 var). H. Grill clearly showing part of grill at bottom and part at top, original gum, lightly hinged, radiant color, unusually wide margins for this issue, essentially a Jumbo-margined stamp

EXTREMELY FINE. A MAGNIFICENT ORIGINAL-GUM EXAMPLE OF THE 1870 15-CENT NATIONAL BANK NOTE COMPANY GRILLED ISSUE, WHICH CLEARLY SHOWS THE SPLIT GRILL VARIETY.

This is the only 15c split grill we have offered -- in either unused or used condition -- since keeping computerized records. The Scott Catalogue assigns the variety a meager $1,250.00 premium, which in our opinion inadequately reflects its rarity. Even without the grill variety, this superb wide-margined stamp would rank among the most desirable examples of the 15c 1870 Grill extant.

With 1980 and 1997 P.F. certificates.

8,750
22,000
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8
 
Sale Number 924, Lot Number 8, 1870-71 National Bank Note Co. Grilled Issue24c Purple, Grill (142), 24c Purple, Grill (142)24c Purple, Grill (142). H. Grill with noticeable grill points at left, the distinctive light shade but the color is fresh and nicely complemented by red New York Foreign Mail cancel, choice centering for this difficult issue

VERY FINE AND CHOICE. A BEAUTIFUL EXAMPLE OF THE 1870 24-CENT NATIONAL BANK NOTE COMPANY GRILLED ISSUE. ESPECIALLY DESIRABLE WITH THE RED NEW YORK FOREIGN MAIL CANCEL.

This is one of the few used stamps in the Scarsdale Collection, as it is not known in genuine unused condition.

With 1997 P.F. certificate

7,000
13,000
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9
og
Sale Number 924, Lot Number 9, 1870-71 National Bank Note Co. Grilled Issue30c Black, Grill (143), 30c Black, Grill (143)30c Black, Grill (143). H. Grill clearly showing several distinct grill points, original gum, lightly hinged, sharp impression, almost perfectly centered with wide and balanced margins

EXTREMELY FINE GEM. POSSIBLY THE FINEST ORIGINAL-GUM EXAMPLE OF THE 1870 30-CENT NATIONAL BANK NOTE COMPANY GRILLED ISSUE IN EXISTENCE. A TRULY OUTSTANDING CONDITION RARITY.

The 30c 1870 Grilled Issue is notorious among collectors for its typical poor centering. Among the original-gum examples, which are rare, only a few would grade Very Fine or better. Our computerized records contain four others in sound, original-gum condition with centering that would grade Fine-Very Fine or Very Fine by current standards. A search through sixty years of past auction catalogues and name sales produced only two blocks of four, both poorly centered, which means that there have been no multiples from which choice singles could be harvested. In fact, even among the collections famed for quality Bank Note issues -- Caspary, Lilly, Henry, Ambassador, Braus, Floyd et al -- we could not find any original-gum examples that would grade Very Fine or better. Further demonstrating just how rare Scott 143 is in this condition, the P.S.E. Population Report does not even show an "OG" category for this stamp in any grade (although the SMQ lists OG values up to VF 80).

With 2000 P.F. certificate

19,000
40,000
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