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Sale 1014 — Outstanding United States Stamps

Sale Date — Wednesday-Friday, 12-14 October, 2011

Category — 1901 Pan-American Issue Inverts (Scott 294a, 295a, 296a, 296a-S)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
1705°
og
Sale Number 1014, Lot Number 1705, 1901 Pan-American Issue Inverts (Scott 294a, 295a, 296a, 296a-S)1c Pan-American, Center Inverted (294a), 1c Pan-American, Center Inverted (294a)1c Pan-American, Center Inverted (294a). Original gum, lightly hinged, deep rich colors and proof-like impressions, almost perfectly centered with wide and balanced margins

EXTREMELY FINE. A SUPERB LIGHTLY-HINGED EXAMPLE OF THE ONE-CENT PAN-AMERICAN INVERT WHICH HAS BEEN GRADED XF 90 BY P.S.E. THIS IS THE HIGHEST GRADE AWARDED TO DATE.

The 1c Pan-American Inverts were found in at least four different post offices around the country, soon after release of the issue in May 1901.

Faint pencil notation on back. 2005 P.F. certificate no longer accompanies. P.S.E. encapsulated (OG XF 90; SMQ $29,700.00). Using today's P.S.E. gum qualifiers this would be OGph. No example has graded higher to date and only four others share this grade

12,500
15,500
1706
og
Sale Number 1014, Lot Number 1706, 1901 Pan-American Issue Inverts (Scott 294a, 295a, 296a, 296a-S)1c Pan-American, Center Inverted (294a), 1c Pan-American, Center Inverted (294a)1c Pan-American, Center Inverted (294a). Lightly hinged, incredibly well-centered, deep dark colors

EXTREMELY FINE GEM. A REMARKABLY FRESH AND BEAUTIFUL EXAMPLE OF THE ONE-CENT PAN-AMERICAN INVERT.

The 1c Pan-American Inverts were found in at least four different post offices around the country, soon after release of the issue in May 1901.

With 1999 P.F. and 2007 P.S.E. certificates

12,500
14,000
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1707
og
Sale Number 1014, Lot Number 1707, 1901 Pan-American Issue Inverts (Scott 294a, 295a, 296a, 296a-S)1c Pan-American, Center Inverted (294a), 1c Pan-American, Center Inverted (294a)1c Pan-American, Center Inverted (294a). Perfectly centered, lightly hinged, wonderful state of freshness

EXTREMELY FINE. ONE OF THE FINEST LIGHTLY-HINGED EXAMPLES OF THE ONE-CENT PAN-AMERICAN INVERT.

The 1c Pan-American Inverts were found in at least four different post offices around the country.

12,500
13,000
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1708
og
Sale Number 1014, Lot Number 1708, 1901 Pan-American Issue Inverts (Scott 294a, 295a, 296a, 296a-S)1c Pan-American, Center Inverted (294a), 1c Pan-American, Center Inverted (294a)1c Pan-American, Center Inverted (294a). Slightly disturbed original gum from hinge removal, rich color, few perf creases at bottom, lightly soiled

VERY FINE APPEARING AND DESIRABLE EXAMPLE OF THE ONE-CENT PAN-AMERICAN INVERT.

The 1c Pan-American Inverts were found in at least four different post offices around the country, soon after release of the issue in May 1901.

Ex Newport. With 2007 P.F. certificate.

12,500
6,000
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1709
og
Sale Number 1014, Lot Number 1709, 1901 Pan-American Issue Inverts (Scott 294a, 295a, 296a, 296a-S)2c Pan-American, Center Inverted (295a), 2c Pan-American, Center Inverted (295a)2c Pan-American, Center Inverted (295a). Very lightly hinged, unusually choice centering with wide and balanced margins, deep rich colors, single tiny perf tip thin at top

EXTREMELY FINE APPEARANCE. A WONDERFULLY WELL-CENTERED AND FRESH EXAMPLE OF THE 2-CENT PAN-AMERICAN INVERT. ONE OF THE MOST CELEBRATED INVERT ERRORS IN AMERICAN PHILATELY.

The 2c is the rarest of the three Pan-American Inverts. It is surmised that approximately 200 were issued through the post office, with two distinct shades known. Our Levi records contain the intact block (4), reconstructed block (4), 64 unused singles and 6 used singles, for a total of 72 unused and 6 used. Many of the unused singles have disturbed gum or no gum, and/or are off center to top or top left. This Extremely Fine centered stamp with a tiny perf tip thin is among the finest-appearing examples.

Ex Maffeo. With 1991 P.F. and 2007 P.S.E. certificates

55,000
37,500
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1710
og
Sale Number 1014, Lot Number 1710, 1901 Pan-American Issue Inverts (Scott 294a, 295a, 296a, 296a-S)4c Pan-American, Center Inverted (296a), 4c Pan-American, Center Inverted (296a)4c Pan-American, Center Inverted (296a). Disturbed original gum, rich colors, well-balanced margins, thin spot at center

VERY FINE APPEARING EXAMPLE OF THE 4-CENT PAN-AMERICAN INVERT.

The 4c stamp portrays an electric automobile, known at the time as the "Electric Vehicle Service," as depicted on the Baltimore & Ohio Railroad brochure from which the engraving was made. In the background one can see the dome of the Capitol. The two men depicted in the front seat are both chauffeurs. The man in the passenger compartment is Samuel P. Hege, so this stamp actually depicts a living person in violation of the law.

The 4c Pan-American Invert was a special printing and not regularly issued. Examples were distributed through two official channels, and the gum on the majority of stamps without "Specimen" overprint was disturbed. In fact, because the stamps were removed from mounting paper, they are generally thinned or have seriously disturbed gum.

Ex Newport. With 2007 P.F. certificate

70,000
29,000
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1711
og
Sale Number 1014, Lot Number 1711, 1901 Pan-American Issue Inverts (Scott 294a, 295a, 296a, 296a-S)4c Pan-American, Center Inverted, Specimen Overprint (296a-S), 4c Pan-American, Center Inverted, Specimen Overprint (296a-S)4c Pan-American, Center Inverted, Specimen Overprint (296a-S). Slightly disturbed original gum from hinge removal (far better gum condition than most), rich colors and fine impressions, clear strike of purple "Specimen" overprint at right

FINE EXAMPLE OF THE 4-CENT PAN-AMERICAN INVERT WITH SPECIMEN OVERPRINT.

If the reported numbers are correct, a total of 203 4c Inverts was released, both with and without the overprint. An unknown quantity of the 4c Pan-American invert was overprinted with a small "Specimen" overprint. Some examples, both with and without the overprint, were given away by Third Asst. Postmaster General Edwin C. Madden. When postal authorities learned of the practice, they destroyed 194 copies and put one pane of 100 into the official archives. At a later date, 97 of these were traded for rarities missing from the archives.

With 1993 P.F. certificate.

10,000
5,250
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