Sale 1028 — The Natalee Grace Collection of Used U.S. Stamps, Part Three: 1902 and Later Issues
Sale Date — Thursday, 20 September, 2012
Category — 1912-14 Perf 12 Double-Line Watermark Issue-New Designs (Scott 405-422)
VERY FINE APPEARANCE. THIS IS THE ONLY CERTIFIED EXAMPLE OF THE 1912 ONE-CENT WASHINGTON ISSUE IN EITHER UNUSED OR USED CONDITION. A PHENOMENAL RARITY.
This issue marked the first time Washington's portrait was used on a 1c stamp, breaking the 60-year tradition of putting Franklin's portrait on the 1c stamp. Our review of the records of the Philatelic Foundation and auction catalogues failed to find another double impression, in any condition.
With 1988 P.F. certificate. We are unaware of the basis for the Scott Catalogue price of $1,250.00, which seems very low. For example, Scott 498d double impression, with seven used known, catalogues $4,000.00.
VERY FINE AND CHOICE. THIS IS THE ONLY CERTIFIED USED EXAMPLE OF THE 1912 2-CENT IN THE LAKE SHADE. A GREAT RARITY OF THE ISSUE.
Through an error at the Bureau of Engraving and Printing, a small quantity of this stamp was erroneously printed using the inks in use at the time for the Postage Due issues. The Philatelic Foundation has certified approximately a dozen unused copies, and this sole used example.
With 2003 P.F. and P.S.E. certificates. Scott Catalogue value for used is only slightly higher than that for unused, despite its far greater rarity.
EXTREMELY FINE GEM. A PHENOMENAL USED EXAMPLE OF THE 7-CENT WASHINGTON ISSUE. THIS MAGNIFICENT STAMP HAS BEEN GRADED SUPERB 98 JUMBO BY P.S.E. -- THIS IS THE HIGHEST GRADE AWARDED TO DATE AND IT IS THE ONLY EXAMPLE TO ACHIEVE THIS GRADE.
A new 7c denomination became necessary after the Parcel Post series was discontinued. This Perf 12 7c issue was only in use for five months before the new Perf 10 stamps, Scott 430, were issued. This accounts for their rarity in higher grades in both unused and used condition.
Ex Twigg-Smith. With 2009 P.S.E. certificate (Superb 98 Jumbo; unlisted in SMQ above the grade of 98, SMQ $740.00 as 98). This is the highest grade awarded to date and the only example to achieve this grade.
EXTREMELY FINE GEM. AN ABSOLUTELY STUNNING USED GUIDE LINE PAIR OF THE ONE-CENT HORIZONTAL COIL, SCOTT 412. THIS GUIDE LINE PAIR HAS BEEN GRADED SUPERB 98 BY P.S.E., WHICH IS THE HIGHEST GRADE AWARDED TO DATE. IT IS THE ONLY EXAMPLE TO ACHIEVE THIS GRADE.
With 2009 P.S.E. certificate (Superb 98; SMQ $1,850.00). This is the highest grade awarded to date and the only example to achieve this grade.
EXTREMELY FINE. A RARE OPPORTUNITY TO ACQUIRE A COMPLETE SET OF THE 1912-14 SINGLE-LINE WATERMARK PERF 12 ISSUES IN GEM-QUALITY USED CONDITION.
We considered offering these stamps as individual lots, but reached the conclusion that other collectors would benefit from the opportunity to acquire the complete set. We are sure these will grade very highly. The 9c with 2007 P.S.E. certificate (XF-Superb 95, only one graded higher to date)