Sale 962 — United States Stamps

Sale Date — Wednesday-Friday, 24-26 September, 2008

Category — Columbian Issue (Scott 230-245)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
2485
nhbl
Sale 962, Lot 2485, Columbian Issue (Scott 230-245)1c Columbian (230). Mint N.H. bottom imprint, OO and plate no. 161 block of eight, Fine-Very Fine with pos. 7 a huge Jumbo

1,025
1,000
2486
nh
Sale 962, Lot 2486, Columbian Issue (Scott 230-245)1c Columbian (230). Mint N.H., brilliant color on post-office fresh paper, wide and balanced margins, Extremely Fine Gem, with 2007 P.S.E. certificate (XF-Superb 95; SMQ $600.00

60
350
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2487
nh
Sale 962, Lot 2487, Columbian Issue (Scott 230-245)3c Columbian (232). Mint N.H., rich color, wide and balanced margins, Extremely Fine Gem, with 2004 P.S.E. certificate (XF-Superb 95; SMQ $1,350.00)

150
850
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2488
nh
Sale 962, Lot 2488, Columbian Issue (Scott 230-245)3c Columbian (232). Mint N.H., deep rich color, unusually choice centering, fresh and Extremely Fine, with 2008 P.S.E. certificate (XF-Superb 95; SMQ $1,350.00)

150
800
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2489
ogbl
3c Columbian (232). Block of sixteen (4 x 4), original gum, ten Mint N.H., Fine-Very Fine, pos. 6 exceptional, Scott Retail as six hinged and ten Mint N.H. singles

1,860
1,100
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2490
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Sale 962, Lot 2490, Columbian Issue (Scott 230-245)4c-5c Columbians (233-234). Imprint and plate no. strips of four, 5c stamps Mint N.H., few natural gum bends, 5c thin spot in selvage (easily trimmed), appear Fine-Very Fine, Scott Retail as hinged

975
450
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2491
nh
Sale 962, Lot 2491, Columbian Issue (Scott 230-245)4c Columbian (233). Mint N.H., brilliant color on post-office fresh paper, mathematically perfect centering with wide margins, crisp impression

EXTREMELY FINE GEM. A MAGNIFICENT STAMP IN EVERY RESPECT -- COLOR, GUM, CENTERING, PERFORATIONS, FRESHNESS OF PAPER AND OVERALL APPEAL. THIS STAMP HAS BEEN AWARDED THE GRADE OF GEM 100 BY P.S.E. -- IT IS THE ONLY EXAMPLE TO ACHIEVE THIS PERFECT GRADE, AND ONLY ONE HAS GRADED HIGHER TO DATE. THIS IS ONE OF SIX COLUMBIAN STAMPS (FIVE VALUES) TO ACHIEVE A P.S.E. 100 GRADE.

With 2003 P.S.E. certificate (Gem 100; unpriced in SMQ above the grade of 98; SMQ $9,200.00 as 98). Only one has graded higher to date and this is the only example to achieve the grade of 100. The six Columbian stamps to achieve a P.S.E. Mint N.H. 100 grade are the 2c (100), 4c (100 and 100J), 8c (100J), 30c (100) and 50c (100).

230
45,000
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2492
nh
Sale 962, Lot 2492, Columbian Issue (Scott 230-245)5c Columbian (234). Mint N.H., intense shade and proof-like impression on bright paper, Jumbo balanced margins

EXTREMELY FINE GEM. A PHENOMENAL MINT NEVER-HINGED EXAMPLE OF THE 5-CENT COLUMBIAN ISSUE.

With 2008 P.S.E. certificate (XF-Superb 95 Jumbo; SMQ $2,450.00 as 95, $9,000.00 as 98).

260
2,300
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2493
nh
Sale 962, Lot 2493, Columbian Issue (Scott 230-245)5c Columbian (234). Mint N.H., beautiful Jumbo margins and handsomely centered, rich color, sharp impression, Extremely Fine, with 1997 P.F. and 2008 P.S.E. certificates (XF 90 Jumbo; SMQ $740.00 as 90, $2,450.00 as 95)

260
425
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2494
nh
Sale 962, Lot 2494, Columbian Issue (Scott 230-245)5c Columbian (234). Mint N.H., Jumbo margins and well-centered, fresh and bright, crisp impression, Extremely Fine, with 2008 P.S.E. certificate (XF 90 Jumbo, SMQ $740.00 as 90, $2,450.00 as 95)

260
400
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2495
nh
Sale 962, Lot 2495, Columbian Issue (Scott 230-245)5c Columbian (234). Mint N.H., wide margins and beautiful centering, rich color, Very Fine and choice, with 2008 P.S.E. certificate (VF-XF 85; SMQ $415.00)

260
250
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2496
nhbl
Sale 962, Lot 2496, Columbian Issue (Scott 230-245)5c Columbian (234). Mint N.H. block of four, fresh and Fine-Very Fine, Scott Retail as four Mint N.H. singles

1,040
550
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2497
ogbl
Sale 962, Lot 2497, Columbian Issue (Scott 230-245)6c Columbian (235). Horizontal block of six, right block of four Mint N.H., Fine-Very Fine, Scott Retail as two hinged and four Mint N.H. singles

1,100
600
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2498
nhbl
Sale 962, Lot 2498, Columbian Issue (Scott 230-245)8c Columbian (236). Mint N.H. block of four, well-centered, especially for a multiple, fresh and bright, Very Fine, with 2008 P.S.E. certificate

800
950
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2499
nhbl
Sale 962, Lot 2499, Columbian Issue (Scott 230-245)8c Columbian (236). Mint N.H. block of four, deep rich color, left pair about Fine, right pair uncommonly wide margins and Extremely Fine, Scott Retail as four Mint N.H. singles

800
550
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2500
nhbl
Sale 962, Lot 2500, Columbian Issue (Scott 230-245)10c Columbian (237). Mint N.H. block of four, fresh and Fine

1,400
475
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2501
nh
Sale 962, Lot 2501, Columbian Issue (Scott 230-245)15c Columbian (238). Mint N.H., exquisite centering, incredibly fresh with wonderful color and clear impression on bright paper

EXTREMELY FINE GEM. A PARTICULARLY HANDSOME MINT NEVER-HINGED 15-CENT COLUMBIAN.

With 2008 P.S.E. certificate (XF-Superb 95; SMQ $6,650.00). Only four others share this grade

750
14,000
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2502
nh
Sale 962, Lot 2502, Columbian Issue (Scott 230-245)15c Columbian (238). Mint N.H. with bottom letter "M" selvage, balanced margins and choice centering, Extremely Fine, with 2008 P.S.E. certificate (XF 90; SMQ $2,150.00)

750
1,800
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2503
og
Sale 962, Lot 2503, Columbian Issue (Scott 230-245)15c Columbian (238). Original gum, lightly hinged, wide margins and superb centering, intense shade, Extremely Fine, with 2008 P.S.E. certificate (XF 90; SMQ $440.00)

250
600
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2504
nh
Sale 962, Lot 2504, Columbian Issue (Scott 230-245)15c Columbian (238). Mint N.H., exceptionally well-centered, gorgeous color and impression, Very Fine and choice, with 2008 P.F. certificate

750
1,000
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2505
og
Sale 962, Lot 2505, Columbian Issue (Scott 230-245)15c Columbian (238). Original gum, minor h.r., wide margins and exceptionally well-centered, beautiful color on crisp white paper, Extremely Fine

250
475
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2506
og
Sale 962, Lot 2506, Columbian Issue (Scott 230-245)15c Columbian (238). Original gum, single hinge mark, well-balanced margins, fresh and Extremely Fine

250
200
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2507
ogbl
Sale 962, Lot 2507, Columbian Issue (Scott 230-245)15c Columbian (238). Block of four, original gum, lightly hinged, Fine-Very Fine

1,050
550
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2508
nh
Sale 962, Lot 2508, Columbian Issue (Scott 230-245)30c Columbian (239). Mint N.H., rich color, beautiful impression showing every detailed line of this marvelous engraving, mathematically perfect centering with wide margins on all four sides

EXTREMELY FINE GEM. THIS MAGNIFICENT MINT NEVER-HINGED EXAMPLE OF THE 30-CENT COLUMBIAN ISSUE HAS BEEN AWARDED THE GRADE OF GEM 100 BY P.S.E. -- THIS IS THE HIGHEST GRADE AWARDED TO DATE, AND THIS STAMP IS THE ONLY EXAMPLE TO ACHIEVE THIS PERFECT GRADE. IT IS A KEY TO A SET OF HIGH-GRADE COLUMBIANS, WHICH IS ONE OF THE MOST POPULAR ISSUES IN UNITED STATES PHILATELY.

The scene depicted on the 30c is based on the story that Columbus stopped at the convent at Santa Maria de La Rabida on his way to France after being rejected at the Spanish Court. The friar of the convent, after hearing his plan, persuaded him to stay. While at the convent he gained support from some of the more important people in the neighborhood and, his faith renewed, decided to apply for aid from the Spanish court once again, where he was successful. This marked a turning-point in his struggles for financial backing.

Regarding this extraordinary example of the 30c Columbian, a relevant commentary was recently published in Stamp Market Quarterly (July-Sep. 2008) by master grader William A. Litle. Reflecting on the 2c Columbian Mint N.H. 100 sold in our 2008 Rarities sale for $16,675, he wrote: “The 100 Mint N.H. Scott No. 231 is the only one with this ultimate grade. In fact, to date, only four other Columbians have received a 100 grade [Editor's note: now six in total]. At $16,675 the 2c Columbian brought a tidy 290 times Scott Catalog! What would a 100 N.H. $5 Columbian be worth in today’s market? Oh heck--I’d settle for finding a 100 N.H. $4 Columbian.”

We can try to answer Dr. Litle’s rhetorical question. Auction realizations for 19th century and early 20th century commemoratives in 100 N.H. grade have been averaging 12-15 times SMQ for 95 N.H. and 5 times SMQ for 98 N.H. The multiples seem to be higher when only one or two have reached a Perfect 100 grade. So, to answer Dr. Litle, based on the available sales data, a $5.00 Columbian 100 N.H. would probably realize in excess of one million dollars, and even the $4.00 would approach the million-dollar mark. Now, we’re not saying this is a sure thing, but that is what the numbers indicate.

The highest grade we currently have for either the $4.00 or $5.00 Columbian in N.H. condition is 95. So, as of now there is no stamp to test the market. The highest Columbian value in 100 N.H. grade is the 50c (one reported). The second highest value to achieve a Perfect 100 is the 30c offered here, which is the only Mint N.H. example to reach 100.

With 2008 P.S.E. certificate (Gem 100; unpriced in SMQ above the grade of 98, SMQ $24,500.00 as 98). The Columbian denominations to achieve the grade of Mint N.H. Gem 100 are: 2c (one 100) 4c (100 and 100J, see lot 2491), 8c (100J), 30c (100) and 50c (100). Aside from these five denominations, represented by six stamps, no other Columbian has been awarded the perfect grade of Gem 100.

900
105,000
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2509
nh
Sale 962, Lot 2509, Columbian Issue (Scott 230-245)30c Columbian (239). Mint N.H., deep rich color and proof-like impression on post-office fresh paper, beautiful centering with balanced margins

EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED EXAMPLE OF THE 30-CENT COLUMBIAN ISSUE, WHICH HAS BEEN GRADED XF-SUPERB 95 BY P.S.E.

With 2008 P.S.E. certificate (XF-Superb 95; SMQ $7,600.00)

900
4,250
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2510
og
Sale 962, Lot 2510, Columbian Issue (Scott 230-245)30c Columbian (239). Original gum, unusually wide Jumbo margins, rich color and detailed impression, Extremely Fine, with 2008 P.S.E. certificate (XF 90 Jumbo; SMQ $510.00 as 90, $880.00 as 95)

300
475
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2511
og
Sale 962, Lot 2511, Columbian Issue (Scott 230-245)30c Columbian (239). Original gum, well-centered with extra wide margins, bright color, Extremely Fine, with 2008 P.S.E. certificate (XF 90; SMQ $510.00)

300
425
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2512
og
Sale 962, Lot 2512, Columbian Issue (Scott 230-245)30c Columbian (239). Original gum, faintly hinged if at all, gorgeous balanced margins, excellent color on crisp white paper, Extremely Fine, a beauty

300
650
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2513
ogbl
Sale 962, Lot 2513, Columbian Issue (Scott 230-245)30c Columbian (239). Block of four, slightly disturbed original gum, minor gum toning on one, otherwise Fine-Very Fine

1,250
550
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2514
og
Sale 962, Lot 2514, Columbian Issue (Scott 230-245)50c Columbian (240). Original gum, nearly perfect centering, Very Fine and choice, with 2008 P.S.E. certificate (VF-XF 85; SMQ $780.00)

600
500
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2515
 
Sale 962, Lot 2515, Columbian Issue (Scott 230-245)$1.00 Columbian (241). Radiant color on bright paper, well-struck Baltimore duplex cancel, tiny natural inclusion, fresh and Very Fine

650
325
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2516
 
Sale 962, Lot 2516, Columbian Issue (Scott 230-245)$1.00 Columbian (241). Nicely centered, New York oval registry cancel, Very Fine, with 2008 P.S.E. certificate

650
325
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2517
 
Sale 962, Lot 2517, Columbian Issue (Scott 230-245)$1.00 Columbian (241). Bright shade, bold strike of "5" duplex cancel, Very Fine, with 1994 A.P.S. certificate

650
275
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2518
og
Sale 962, Lot 2518, Columbian Issue (Scott 230-245)$2.00 Columbian (242). Original gum, lightly hinged, brilliant color on crisp paper, unusually wide and balanced margins for this difficult issue

EXTREMELY FINE GEM. A SUPERB ORIGINAL-GUM EXAMPLE OF THE $2.00 COLUMBIAN ISSUE, WHICH HAS BEEN GRADED SUPERB 98 BY P.S.E. -- THIS IS THE HIGHEST GRADE AWARDED TO DATE AND IS THE ONLY EXAMPLE TO ACHIEVE THIS GRADE. ONE OF THE KEYS TO A HIGH-GRADE SET OF THE COLUMBIAN ISSUE.

The $2.00 Columbian Issue is notorious for being one of the most difficult denominations to obtain with choice centering or with wide margins. For hinged and Mint N.H. categories, the next-highest grade is XF-Superb 95 (one used copy has also been graded 98).

With 2008 P.S.E. certificate (Superb 98; SMQ $9,250.00).

1,250
22,000
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2519
og
Sale 962, Lot 2519, Columbian Issue (Scott 230-245)$2.00 Columbian (242). Original gum, fairly lightly hinged, rich color, Fine, with 2008 P.S.E. certificate

1,250
700
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2520
og
Sale 962, Lot 2520, Columbian Issue (Scott 230-245)$2.00 Columbian (242). Original gum, h.r., rich color, Fine

1,250
450
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2521
nh
Sale 962, Lot 2521, Columbian Issue (Scott 230-245)$2.00 Columbian (242). Mint N.H., fresh color, Very Good

4,100
550
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2522
og
Sale 962, Lot 2522, Columbian Issue (Scott 230-245)$3.00 Columbian (243). Original gum, bright color, expertly reperfed, Extremely Fine appearance

1,900
900
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2523
og
Sale 962, Lot 2523, Columbian Issue (Scott 230-245)$4.00 Columbian (244). Original gum, lightly hinged, magnificent bright color (more Rose Carmine than Crimson Lake), clear impression, Very Fine, with 2008 P.S.E. certificate

2,600
1,700
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2524
og
Sale 962, Lot 2524, Columbian Issue (Scott 230-245)$4.00 Columbian (244). Original gum, excellent color and attractive centering, Very Fine, with 2008 P.S.E. certificate

2,600
1,600
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2525
og
Sale 962, Lot 2525, Columbian Issue (Scott 230-245)$4.00 Columbian (244). Original gum, strong color and sharp impression, Fine and quite attractive, with 2008 P.S.E. certificate

2,600
1,200
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2526
og
Sale 962, Lot 2526, Columbian Issue (Scott 230-245)$4.00 Rose Carmine, Columbian (244a). Slightly disturbed original gum, pretty shade in the Rose Carmine sub-shade, Very Fine

2,600
1,000
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2527
og
Sale 962, Lot 2527, Columbian Issue (Scott 230-245)$4.00 Columbian (244). Slightly disturbed original gum, bright color, wide margins, Very Fine

2,600
1,000
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2528
 
Sale 962, Lot 2528, Columbian Issue (Scott 230-245)$4.00 Columbian (244). Wide margins and handsome centering, excellent color and impression, light slightly overlapped target cancels which essentially leave the two portraits distraction free, Very Fine and choice, with 2008 P.S.E. certificate (VF-XF 85; SMQ $1,850.00)

1,300
2,600
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2529
og
Sale 962, Lot 2529, Columbian Issue (Scott 230-245)$5.00 Columbian (245). Disturbed original gum, h.r., crisp impression, Very Fine

3,000
900
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2530
og
Sale 962, Lot 2530, Columbian Issue (Scott 230-245)$5.00 Columbian (245). Slightly disturbed original gum, very well-centered, reperfed at bottom, Extremely Fine appearance

3,000
900
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2531
og
Sale 962, Lot 2531, Columbian Issue (Scott 230-245)$5.00 Columbian (245). Disturbed original gum, detailed impression, tiny natural inclusion, Fine

3,000
800
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2532
ng
Sale 962, Lot 2532, Columbian Issue (Scott 230-245)$5.00 Columbian (245). Unused (no gum), intense shade, Very Fine

1,500
850
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