Sale 1078 — United States Stamps
Sale Date — Tuesday-Wednesday, 16-17 September, 2014
Category — 5c 1847 Issue (Scott 1-1d)
EXTREMELY FINE GEM UNUSED EXAMPLE OF THE 5-CENT 1847 ISSUE WITH PART ORIGINAL GUM, WHICH HAS BEEN GRADED XF-SUPERB 95 BY P.S.E.
With 2014 P.S.E. certificate (POG, XF-Superb 95; unpriced as OG 95 in SMQ; SMQ $12,750.00 as OG 90)
EXTREMELY FINE USED EXAMPLE OF THE 5-CENT 1847 ISSUE IN THE DISTINCTIVE AND DESIRABLE RED ORANGE SHADE.
According to a series of articles by the late Calvet M. Hahn in the Collectors Club Philatelist, the Red Orange shade was printed some time during the fourth and last printing, which took place in December 1850. Research by Wade Saadi indicates the Red Orange shade was produced exclusively during the last printing, stamps from which were part of the Fifth Delivery (December 7, 1850).
With 2014 P.S.E. certificate (XF 90; SMQ $15,000.00). Accompanied by letter from Ezra D. Cole dated Feb. 4, 1949, discussing how he just purchased this item at a Harmer Rooke sale (lot card also accompanies) and stating that "this is the true orange color, and it is much rarer than anyone realizes"