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Sale 941 — The John F. Odeneal Collection of Superb Mint U.S. Stamps

Sale Date — Wednesday, 3 October, 2007

Category — 1870 National Bank Note Co. Issue

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
1085
og
Sale Number 941, Lot Number 1085, 1870 National Bank Note Co. Issue1c Ultramarine, I Grill (134 var), 1c Ultramarine, I Grill (134 var)1c Ultramarine, I Grill (134 var). Original gum, barest trace of hinging, brilliant color on bright paper, almost perfectly centered with wide and balanced margins, clearly-defined I grill which is the smaller of the two grill sizes

EXTREMELY FINE. A SUPERB ORIGINAL-GUM EXAMPLE OF THE 1870 ONE-CENT NATIONAL BANK NOTE ISSUE. ESPECIALLY DESIRABLE WITH THE I GRILL.

In 2004 we started to distinguish between the H and I Grills in our catalogue descriptions and research, in an effort to establish relative scarcity. It is our opinion that Scott Catalogue should list the H and I Grills separately, as they do for the A, B, C, D, Z, E and F Grills of the 1867-68 Issue. According to Scott Catalogue, the H Grill is found on all values, and the I Grill is found only on the 1c, 2c, 3c, 7c, 10c and 15c. Certified copies of the 6c are also known, and the 24c and 90c are reported to exist as well. We have only offered two other unused 1c I Grill since we started keeping our detailed records.

Ex Morris. With 2991 and 2001 P.F. certificates not specifying the grill type.

2,750
14,500
1086
nh
Sale Number 941, Lot Number 1086, 1870 National Bank Note Co. Issue2c Red Brown, Grill (135), 2c Red Brown, Grill (135)2c Red Brown, Grill (135). H. Grill, Mint N.H., radiant color, choice centering, trivial natural inclusion

VERY FINE AND CHOICE. THE 1870 2-CENT NATIONAL BANK NOTE COMPANY GRILLED ISSUE IS RARELY FOUND IN MINT NEVER-HINGED CONDITION. ONLY A FEW EXIST IN THIS GRADE.

As an indication of rarity, P.S.E. has certified only one Mint N.H. copy of Scott 135 (VF 80). With 1991 P.F. certificate

1,300
10,500
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1087
nh
Sale Number 941, Lot Number 1087, 1870 National Bank Note Co. Issue3c Green, Grill (136), 3c Green, Grill (136)3c Green, Grill (136). H. Grill, Mint N.H., brilliant color, grill centered to left and with many rows clearly visible on the front of the stamp

VERY FINE AND FRESH. A VERY SCARCE MINT NEVER-HINGED EXAMPLE OF THE 1870 3-CENT NATIONAL BANK NOTE COMPANY GRILLED ISSUE.

As an indication of rarity, P.S.E. has certified only two Mint N.H. copies of Scott 136 (graded 75 and 80). With copy of 1989 P.F. certificate for block of four, Scott Retail as hinged

800
4,000
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1088
og
Sale Number 941, Lot Number 1088, 1870 National Bank Note Co. Issue7c Vermilion, Grill (138), 7c Vermilion, Grill (138)7c Vermilion, Grill (138). H. Grill, original gum, lightly hinged, brilliant color, well-balanced margins, trivial natural inclusion at left not mentioned on accompanying certificate and noted only for complete accuracy

VERY FINE AND CHOICE. A BEAUTIFUL, BRIGHT AND FRESH ORIGINAL-GUM EXAMPLE OF THE 1870 7-CENT NATIONAL BANK NOTE COMPANY GRILLED ISSUE.

With 1990 P.F. certificate

4,500
11,000
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1089
og
Sale Number 941, Lot Number 1089, 1870 National Bank Note Co. Issue1c Ultramarine (145), 1c Ultramarine (145)1c Ultramarine (145). Original gum, barely hinged, rich color on bright paper, well-balanced margins, fresh and Extremely Fine, a beautiful stamp, with 1984 P.F. certificate

700
3,750
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1090
nh
Sale Number 941, Lot Number 1090, 1870 National Bank Note Co. Issue2c Red Brown (146). Mint N.H, 2c Red Brown (146). Mint N.H2c Red Brown (146). Mint N.H., deep rich color on bright paper, long and full perforations, Very Fine and choice, Scott Retail as hinged

400
425
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1091
og
Sale Number 941, Lot Number 1091, 1870 National Bank Note Co. Issue3c Green (147), 3c Green (147)3c Green (147). Original gum, barest trace of hinging, radiant color, fresh and Very Fine, with copy of 1987 P.F. certificate for block of nine

325
200
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1092
og
Sale Number 941, Lot Number 1092, 1870 National Bank Note Co. Issue6c Carmine (148), 6c Carmine (148)6c Carmine (148). Original gum, radiant color, unusually choice centering with balanced margins, small natural spot on chin in the printed ink not mentioned on accompanying certificates

EXTREMELY FINE. A BEAUTIFUL ORIGINAL-GUM EXAMPLE OF THE 1870 6-CENT UNGRILLED NATIONAL BANK NOTE COMPANY ISSUE.

With 1989 and 1998 P.F. certificates

1,100
1,500
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1093
nh
Sale Number 941, Lot Number 1093, 1870 National Bank Note Co. Issue7c Vermilion (149). Mint N.H, 7c Vermilion (149). Mint N.H7c Vermilion (149). Mint N.H., vivid color and sharp impression on bright paper, remarkably choice centering

EXTREMELY FINE GEM. A RARE MINT NEVER-HINGED EXAMPLE OF THE 7-CENT 1870 NATIONAL BANK NOTE ISSUE. AN EXTREMELY DIFFICULT STAMP TO FIND IN SUCH SUPERB CONDITION.

A review of our computerized records for the past 14 years found that we have only offered three other Mint N.H. examples, including one graded Fine only. The P.S.E. has not yet certified a single Mint N.H. example of Scott 149. This stamp comes from a block broken years ago.

With 1985 and 2007 P.F. certificates. Scott Retail as hinged

1,300
10,500
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1094
nh
Sale Number 941, Lot Number 1094, 1870 National Bank Note Co. Issue10c Brown (150). Mint N.H, 10c Brown (150). Mint N.H10c Brown (150). Mint N.H., bright shade, detailed impression

EXTREMELY FINE. A RARE MINT NEVER-HINGED EXAMPLE OF THE 1870 10-CENT NATIONAL BANK NOTE COMPANY UNGRILLED ISSUE.

This was the second stamp from the top in the vertical strip of four in Caspary.

With copy of 1989 P.F. certificate for vertical strip of three (top stamp). Scott Retail as hinged

1,750
8,000
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1095
og
Sale Number 941, Lot Number 1095, 1870 National Bank Note Co. Issue15c Bright Orange (152), 15c Bright Orange (152)15c Bright Orange (152). Original gum, vibrant color, choice centering with unusually wide margins

EXTREMELY FINE. A BEAUTIFUL ORIGINAL-GUM EXAMPLE OF THE 1870 15-CENT NATIONAL BANK NOTE COMPANY UNGRILLED ISSUE. RARE WITH SUCH STUNNING COLOR AND WITH SUCH WIDE MARGINS.

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.

With 1972 and 2000 P.F. certificates

3,000
9,500
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1096
og
Sale Number 941, Lot Number 1096, 1870 National Bank Note Co. Issue24c Purple (153), 24c Purple (153)24c Purple (153). Original gum, marvelous intense shade and impression, essentially perfect centering with wide balanced margins all around

EXTREMELY FINE GEM. THE 1870 24-CENT NATIONAL BANK NOTE CO. ISSUE IS RARELY ENCOUNTERED IN THIS SUPERB ORIGINAL-GUM CONDITION.

With 1998 P.F. certificate

2,200
4,250
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1097
og
Sale Number 941, Lot Number 1097, 1870 National Bank Note Co. Issue90c Carmine (155), 90c Carmine (155)90c Carmine (155). Original gum, beautiful rich color and detailed impression on post-office fresh paper, choice centering, long and full perforations all around

EXTREMELY FINE. THE 1870 90-CENT NATIONAL BANK NOTE ISSUE IS RARE IN CHOICE 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. Only a few original-gum examples of Scott 155 have the centering, color and freshness of the stamp offered here.

With 1984 and 2002 P.F. certificates

5,000
7,000
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