Sale 1028 — The Natalee Grace Collection of Used U.S. Stamps, Part Three: 1902 and Later Issues
Sale Date — Thursday, 20 September, 2012
Category — 2c Shield Issue (Scott 319-320)
VERY FINE AND RARE. THE 2-CENT IMPERFORATE CARMINE TYPE II DESIGN IS ONE OF THE RAREST OF THE 2-CENT SHIELD ISSUES. VERY FEW ARE KNOWN.
The Scott Catalogue notes that "No. 320Ad was issued imperforate, but all examples were privately perforated with large oblong perforations at the sides (Schermack Type III)." In this respect it is similar to its more expensive counterparts, Scott 314A and 482A.
The Type II imperforate Shield issue is only known in the Lake and Carmine colors. The Lake color exists fully imperforate. The Carmine color is only known with Schermack Type III perforations. We have been fascinated by this listing for some time, and undertook a census. All used examples are illustrated below and shown at our website at http://www.siegelauctions.com/dynamic/census/320Ad/320Ad.pdf . There are only two used singles and a used strip of six recorded in our census, plus a pair used almost 25 years after the stamps were issued (not shown). Of unused examples, there are six pairs, one strip of three and nine strips of four.
With 2002 P.F. and P.S.E. certificates. It is a mystery to us why the catalogue value is so low, at only $250.00. Our estimate is also conservative.