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 — 1882-88 American Bank Note Company Issues (Scott 205-218)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
92
 
Sale 1027, Lot 92, 1882-88 American Bank Note Company Issues (Scott 205-218)5c Yellow Brown (205). Gorgeous centering with Jumbo and balanced margins, intense shade and proof-like impression, bold strike of four-ring target cancel, Extremely Fine Gem, a phenomenal stamp in every respect, the 5c Garfield stamp was issued shortly after his assassination on July 2, 1881 and replaced the 5c Taylor, which was an unpopular design

12
200
93
 
Sale 1027, Lot 93, 1882-88 American Bank Note Company Issues (Scott 205-218)1c-10c 1881-83 Issue (206-207, 209-210). All four stamps with beautiful centering and Jumbo margins, rich colors, 1c with Philadelphia circular datestamp, 3c with quartered cork cancel, 10c with grid cancel, 2c with four-ring target cancel, Extremely Fine Gems, a wonderful group

8
325
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94
c
Sale 1027, Lot 94, 1882-88 American Bank Note Company Issues (Scott 205-218)3c Blue Green, Double Impression (207c). Clear doubling of the stamp at bottom, tied by light strike of cork cancel , neat "Mechum's River Va. May 29, 1883" circular datestamp on cover to Cobham Depot Va., few perf faults at bottom, cover slightly reduced at left

FINE APPEARANCE. ONE OF ONLY THREE RECORDED EXAMPLES OF THIS DOUBLE IMPRESSION RARITY, AND THE ONLY EXAMPLE ON COVER. A GREAT RARITY.

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 207c includes only the three examples, illustrated below and available at our website at http://www.siegelauctions.com/dynamic/census/207c/207c.pdf . No others are contained in the records of the Philatelic Foundation, and we did not find any in our search of past auction catalogues.

Ex Wagshal. With 1989 P.F. certificate. Listed but unpriced in Scott as used, and unlisted in Scott as on cover. The example with part plate number realized $25,000 hammer in one of our 2004 auctions, and the other off-cover example realized $9,500 hammer in our October 2006 sale.

E. 7,500-10,000
4,750
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95
 
Sale 1027, Lot 95, 1882-88 American Bank Note Company Issues (Scott 205-218)6c Rose (208). Gorgeous centering with well-balanced margins, perfs intact and with significant part of adjoining stamps at sides, brilliant color, neat strikes of Philadelphia oval registry cancels, Extremely Fine Gem, a superb stamp in every respect, with 1994 P.F. and 2009 P.S.E. certificates (XF 90; SMQ $250.00), in our opinion this is undergraded

110
225
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96
 
Sale 1027, Lot 96, 1882-88 American Bank Note Company Issues (Scott 205-218)6c Deep Brown Red (208a). Choice centering, rich color on bright paper, well-proportioned margins, bold strike of grid cancel, Extremely Fine, ex Dr. Morris, with 1987 P.F. certificate, this shade is very difficult to obtain in choice high-grade condition, only six have been graded to date (indicating a small population worth grading) and XF-90 Jumbo is the highest awarded (one copy)

175
750
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97
 
Sale 1027, Lot 97, 1882-88 American Bank Note Company Issues (Scott 205-218)10c Black Brown (209b). Deep rich color and sharp proof-like impression, unusually choice centering with well-proportioned margins, bold strike of "B" duplex cancel, Extremely Fine, a beautiful stamp

350
650
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98
 
Sale 1027, Lot 98, 1882-88 American Bank Note Company Issues (Scott 205-218)4c Blue Green (211). Wonderfully centered with immense margins, deep dark shade on bright fresh paper, oval registry cancel, Extremely Fine Gem, an outstanding stamp, this is the first 4c-denominated stamp ever issued and it was intended to pay double the 2c rate per half-ounce, with 2002 P.F. certificate

27
425
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99
 
Sale 1027, Lot 99, 1882-88 American Bank Note Company Issues (Scott 205-218)1c Ultramarine (212). Beautiful centering with Jumbo margins all around, radiant color, neat strike of New York oval registry cancel, Extremely Fine Gem, a phenomenal stamp in every respect and a stamp of massive proportions, with 1999 P.F. and 2009 P.S.E. certificates (XF-Superb 95 Jumbo; SMQ $135.00 as 95, $390.00 as 98), only one has graded higher to date (at 98J) and only two others share this grade (which is the next-highest awarded), we are surprised this did not grade higher -- the 98 Jumbo was offered in our Sale 959 and the stamp offered here compares very favorably to that one

2
600
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100
 
Sale 1027, Lot 100, 1882-88 American Bank Note Company Issues (Scott 205-218)2c Green (213). Intense color on bright paper, phenomenal centering with massive Jumbo margins, long and full perforations, virtually face-free cancel, Extremely Fine Gem, a stunning stamp in every respect, with 1999 P.F. certificate

0
250
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101
 
Sale 1027, Lot 101, 1882-88 American Bank Note Company Issues (Scott 205-218)3c Vermilion (214). Vibrant color as fresh as the day it was printed, Jumbo margins at top and bottom, neat strike of circular datestamp, Very Fine and choice, with 2007 P.F. certificate

67
250
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102
 
Sale 1027, Lot 102, 1882-88 American Bank Note Company Issues (Scott 205-218)4c Carmine (215). Vivid color and detailed impression, well-proportioned margins, unusually wide and balanced, neat face-free strike of "1889" oval handstamp, Extremely Fine Gem, especially desirable with the contemporary year-dated cancel, the 4c color was changed to avoid confusion with the 2c, the color of which had been changed from brown to green, Brookman notes that "it is surprisingly difficult to find in prime used condition"

27
600
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103
 
Sale 1027, Lot 103, 1882-88 American Bank Note Company Issues (Scott 205-218)5c Indigo (216). Perfectly centered with Jumbo margins, intense shade and proof-like impression, face-free cancel at bottom leaves entire design clearly visible

EXTREMELY FINE GEM. THIS STUNNING STAMP HAS BEEN AWARDED THE HIGHEST GRADE POSSIBLE OF GEM 100 JUMBO BY P.S.E. -- THIS IS THE ONLY EXAMPLE TO ACHIEVE THIS GRADE.

According to Brookman, a circular by the Third Assistant Postmaster General, dated August 15, 1887, stated that "The five-cent stamp will be dark blue instead of chocolate brown, and will contain the head of Grant instead of Garfield." This stamp, issued in the spring of 1888, still shows the head of Garfield; as a compromise the Garfield Postal Stationery designs were withdrawn and superseded by an embossed profile of Grant.

The 5c was in plentiful supply, as it satisfied postage requirements for the Universal Postal Union rate to overseas destinations. However, it is a difficult issue to obtain in Gem-quality used condition.

With 2003 P.F. and 1997 and 2009 P.S.E. certificates (Gem 100 Jumbo; unpriced in SMQ above the grade of 98, SMQ $680.00 as 98). This is the highest grade possible on the grading scale, and it is the only example to achieve this grade. As another indication of the difficulty of finding this issue in Gem condition, the next-highest grade awarded to date is 95 Jumbo. This is also one of only six used Bank Note stamps (five Scott numbers) between Scott 134 and 218 to achieve this perfect grade (two others are also offered in this collection).

17
1,400
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104
 
Sale 1027, Lot 104, 1882-88 American Bank Note Company Issues (Scott 205-218)30c Orange Brown (217). Jumbo margins which are significantly wider than normally seen on this issue, brilliant color as fresh as the day it was printed, bold cork cancel, Extremely Fine, Brookman notes "the lighter color makes fine used copies difficult to find and I doubt if one in a hundred could be rated as superb", with 2000 P.F. certificate

130
180
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105
 
Sale 1027, Lot 105, 1882-88 American Bank Note Company Issues (Scott 205-218)90c Purple (218). Choice centering with Jumbo margins all around, radiant color, neat strike of New York oval registry cancel, long and full perforations

EXTREMELY FINE GEM. THE 90-CENT 1888 AMERICAN BANK NOTE COMPANY ISSUE IS DIFFICULT TO FIND WITH SUCH JUMBO MARGINS. A TRUE CONDITION RARITY, AND THE WIDEST-MARGINED USED EXAMPLE WE HAVE EVER ENCOUNTERED.

This issue is easy to obtain in used condition, and several large multiples are known. However, it is difficult to find with wide margins. A review using Power Search, which includes two copies graded XF-Superb 95 by P.S.E. (the highest grade awarded to date) did not find any with margins similar to the example offered here.

With 1993 and 1996 P.F. certificates.

250
1,400
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106
 
Sale 1027, Lot 106, 1882-88 American Bank Note Company Issues (Scott 205-218)90c Purple (218). Deep rich color and sharp proof-like impression, choice centering with wide margins, bold strike of New York oval registry cancel, fresh and Extremely Fine, a beautiful stamp, ex Dr. Morris

250
425
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