Sale 1027 — The Natalee Grace Collection of Used U.S. Stamps, Part Two: 1869 to Pan-American Issues

Sale Date — Wednesday, 19 September, 2012

Category — 1870-71 National Bank Note Co. Ungrilled (Scott 145-155)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
50
 
Sale 1027, Lot 50, 1870-71 National Bank Note Co. Ungrilled (Scott 145-155)1c Ultramarine (145). Brilliant color on bright paper, unusually wide and balanced margins, bold strike of target cancel, Extremely Fine, a huge stamp, scarce with such wide margins

25
425
51
 
Sale 1027, Lot 51, 1870-71 National Bank Note Co. Ungrilled (Scott 145-155)2c Red Brown (146). Perfectly centered with wide and even margins, beautiful color, cork cancel, Extremely Fine Gem, a superb stamp in every respect

20
900
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52
 
Sale 1027, Lot 52, 1870-71 National Bank Note Co. Ungrilled (Scott 145-155)3c Green (147). Deep rich color, wide and balanced margins, well-struck quartered cork cancel, Extremely Fine Gem, for some reason the 3c National is much rarer with wide margins than the Continental and American issues, ex Dauer, with 2000 and 2008 P.S.E. certificates (XF 90; SMQ $42.00)

2
225
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53
 
Sale 1027, Lot 53, 1870-71 National Bank Note Co. Ungrilled (Scott 145-155)3c Green, Printed on Both Sides (147a). Back of stamp printed inverted in relation to the front and with strong impression showing part of four stamps, front of stamp slightly dry print and with light strike of cork cancel, single pulled perf at right

VERY FINE. THIS IS THE FINEST OF THE THREE RECORDED EXAMPLES OF THE 1870 3-CENT NATIONAL BANK NOTE ISSUE WITH THE DESIGN PRINTED ON BOTH SIDES. ONE OF THE GREAT RARITIES OF THE BANK NOTE ISSUES.

Engraved stamps printed on both sides usually have a poor impression on one side and a second, complete impression on the other. They probably occurred when a sheet was printed without proper moistening, which prevented the paper from picking up the ink in the recessed lines of the engraved plate. The lower impressions on the back of this stamp are dry prints. If the sheet was turned 180 degrees before being put on the press a second time, the two impressions will be inverted in relation to each other.

Our list of printed-on-both-sides stamps is included as an appendix to this catalogue. The 3c Grilled Bank Note issue (Scott 136) is listed in Scott Catalogue as printed on both sides, but none has ever been seen, the Scott Catalogue editors do not have information on the 136b in their reference files, so it should probably be delisted. Our records contain only three examples of the ungrilled rarity, illustrated below at available at our website at http://siegelauctions.com/dynamic/census/147a/147a.pdf . The quality of the impression on back is superior on the example offered here.

Ex Braus. With 1983 and 2004 P.F. certificates. This is undercatalogued in relation to most other printed on both sides varieties with similar populations.

15,000
15,500
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54
 
Sale 1027, Lot 54, 1870-71 National Bank Note Co. Ungrilled (Scott 145-155)3c Green, Double Impression (147b). Clear double impression with second impression shifted significantly, bright color, neat strike of target cancel leaves design clearly visible, older certificate notes tiny pinhole at center, most recent certificate notes small surface scuff below the chin and tiny tear at right

FINE APPEARANCE. THIS IS ONE OF ONLY FIVE CONFIRMED EXAMPLES OF THIS DOUBLE IMPRESSION VARIETY RECORDED IN OUR CENSUS. THIS IS ALSO THE ONLY EXAMPLE TO HAVE APPEARED ON THE MARKET IN THE PAST 20 YEARS.

Our list of double impressions is included as an appendix to this catalogue. Most double impressions occur when the first impression is made and found to be inadequate. The paper is then put in the press a second time, when it receives the heavier impression. It is a common misconception that the weaker impression is the second one.

Our census of Scott 147b is available at our website at http://siegelauctions.com/dynamic/census/147b/147b.pdf and is also illustrated below. We record five certified examples (one with a control cancel) plus one uncertified on a cover which needs to be examined for authenticity. The example offered here -- acquired by the owner in our Lake Shore sale -- is the only copy to have appeared at auction in several decades.

Ex Braus and Lake Shore. With 1983 and 2009 P.F. certificates.

40,000
17,500
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55
c
Sale 1027, Lot 55, 1870-71 National Bank Note Co. Ungrilled (Scott 145-155)6c Carmine, Double Impression (148b). Clear and dramatic doubling of the entire design, cancelled by bold strike of quartered cork, matching "Stonington Ct. Feb. 15" double-circle datestamp on cover to Knowlsey, England, red Feb. 16 New York exchange office circular datestamp ties stamp, 1871 receiving backstamp, stamp with perf faults at upper right and small piece out at lower right, cover with edge flaws

FINE APPEARANCE. THIS IS THE ONLY EXAMPLE OF THE 6-CENT NATIONAL BANK NOTE COMPANY DOUBLE IMPRESSION CERTIFIED AS GENUINE BY THE PHILATELIC FOUNDATION. IT IS ALSO THE EARLIEST RECORDED USE.

Our list of double impressions is included as an appendix to this catalogue. Most double impressions occur when the first impression is made and found to be inadequate. The paper is then put in the press a second time, when it receives the heavier impression. It is a common misconception that the weaker impression is the second one.

Our census of potential examples of Scott 148b is available at our website at http://siegelauctions.com/dynamic/census/148b/148b.pdf and is also illustrated below. Of the three potential genuine examples, one received a certificate from the P.F. as a kiss print and a certificate from P.S.E. as a double impression. We have examined that stamp, and the engraving lines are of sufficient detail that we consider it to be a double impression. The third is a cover from the same correspondence as the one offered here, sent on Feb. 20, 1871, but it has not been seen since 1978. Therefore, there could be three copies of this rarity, of which only one has been conclusively certified as genuine.

With 2011 P.F. certificate. Scott Catalogue value is based on the sale price of the cover offered here.

13,000
17,500
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56
 
Sale 1027, Lot 56, 1870-71 National Bank Note Co. Ungrilled (Scott 145-155)6c Carmine (148). Deep rich color and proof-like impression on bright paper, well-proportioned margins for this surprisingly difficult issue, unobtrusive cork cancel leaves design clearly visible, Extremely Fine

35
275
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57
 
Sale 1027, Lot 57, 1870-71 National Bank Note Co. Ungrilled (Scott 145-155)7c Vermilion (149). Brilliant color, Jumbo margins, well-struck crossroads cancel beautifully frames Stanton's eye, Extremely Fine Gem, a huge stamp, ex Hinrichs, with 1998 P.S.E. and 2004 P.F. certificates

100
750
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58
 
Sale 1027, Lot 58, 1870-71 National Bank Note Co. Ungrilled (Scott 145-155)10c Brown (150). Pretty shade and crisp impression, gorgeous centering with unusually wide and balanced margins, bold strike of large grid cancel, Extremely Fine Gem, a beautiful stamp

35
475
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59
 
Sale 1027, Lot 59, 1870-71 National Bank Note Co. Ungrilled (Scott 145-155)12c Dull Violet (151). Jumbo margins and choice centering, rich color and detailed impression, bold strike of unusual large circle of narrow wedges cancel and also part of red cancel at left, Extremely Fine Gem, a beautiful stamp, unlike its Continental counterpart (Scott 162) the 12c National is difficult to find with such wide margins, with 1995 P.F. certificate

235
450
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60
 
Sale 1027, Lot 60, 1870-71 National Bank Note Co. Ungrilled (Scott 145-155)15c Bright Orange (152). Vibrant color as fresh as the day it was printed on crisp paper, gorgeous centering with well-proportioned margins, neat strike of red New York circular datestamp

EXTREMELY FINE. A SUPERB USED EXAMPLE OF THE 1870 15-CENT NATIONAL BANK NOTE COMPANY UNGRILLED ISSUE. A DIFFICULT ISSUE TO OBTAIN IN SUCH SUPERB CONDITION.

With 1988 P.S.E. and 2010 P.F. certificates.

235
1,600
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61
 
Sale 1027, Lot 61, 1870-71 National Bank Note Co. Ungrilled (Scott 145-155)15c Bright Orange, Double Impression (152a). Clear double impression with second impression significantly shifted to top and left, bold strike of target cancel, somewhat oxidized, thin spot and defective at bottom

FINE APPEARANCE. THIS IS THE ONLY RECORDED EXAMPLE OF THE 1870 15-CENT NATIONAL BANK NOTE COMPANY ISSUE WITH A DOUBLE IMPRESSION. THIS IS THE LISTING COPY.

Our list of double impressions is included as an appendix to this catalogue. Most double impressions occur when the first impression is made and found to be inadequate. The paper is then put in the press a second time, when it receives the heavier impression. It is a common misconception that the weaker impression is the second one.

Ex Lake Shore. With 1990 P.F. certificate. Scott Catalogue value seems low to us for a unique item such as this.

6,000
9,500
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62
 
Sale 1027, Lot 62, 1870-71 National Bank Note Co. Ungrilled (Scott 145-155)24c Purple (153). Unusually choice centering with wide margins, rich color and detailed impression on bright paper, clear strike of Dec. 27 circular datestamp, fresh and Extremely Fine, a remarkably fresh and beautiful stamp, with 2000 P.F. certificate

230
1,500
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63
 
Sale 1027, Lot 63, 1870-71 National Bank Note Co. Ungrilled (Scott 145-155)30c Black (154). Choice centering with wide and balanced margins, crisp impression on bright paper, face-free cancel leaves entire design clearly visible, fresh and Extremely Fine, a beautiful stamp, with 1985 and 2000 P.F. certificates

300
1,100
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64
 
Sale 1027, Lot 64, 1870-71 National Bank Note Co. Ungrilled (Scott 145-155)90c Carmine (155). Beautiful centering with unusually wide margins (possibly from the top row of the pane), brilliant color, neat strike of duplex cancel, fresh and Extremely Fine, a superb stamp in every respect, with 1993 P.F. certificate

350
850
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