Sale 1092 — Outstanding United States Stamps
Sale Date — Thursday-Friday, 19-20 February, 2015
Category — 1916-20 Issues (Scott 462-550)
EXTREMELY FINE GEM. AN OUTSTANDING MINT NEVER-HINGED EXAMPLE OF THE $1.00 PERF 10 UNWATERMARKED FRANKLIN ISSUE WHICH HAS BEEN GRADED SUPERB 98 BY P.S.E.
With 1988 P.F. certificate for block of four. With 2015 P.S.E. certificate (Superb 98; SMQ $16,000.00). This is the highest grade awarded in the P.S.E. Population Report and it is shared by no others.
EXTREMELY FINE GEM. A STUNNING MINT NEVER-HINGED EXAMPLE OF THE 1917 $5.00 MARSHALL PERF 10 ISSUE, WHICH HAS BEEN GRADED SUPERB 98 BY P.S.E.
With 2014 P.S.E. certificate (Superb 98; SMQ $2,750.00). This is the highest grade awarded
VERY FINE APPEARANCE. AN EXCEEDINGLY RARE EXAMPLE OF THE 1917 3-CENT PERF 10 AT BOTTOM. ONE OF ONLY SEVEN PRECANCELLED EXAMPLES WE RECORD IN OUR CENSUS.
Our census of Scott 502e (available at http://www.siegelauctions.com/dynamic/census/502e/502e.pdf) contains eight examples (not including this example), two of which are part of a block of three stamps (ex Zoellner and Natalee Grace). Only one other example in our census has the Holyoke precancel.
With 2001 A.P.S. certificate
EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED EXAMPLE OF THE 2-CENT PERF 11 DOUBLE-LINE WATERMARKED ISSUE, SCOTT 519. A RARE STAMP IN SUCH SUPERB CONDITION.
This stamp was created in 1917 when a small excess supply of the imperforate Scott 344 was returned by the New York City post office to the Bureau for credit. Rather than issue the credit, the Bureau perforated the sheets and returned them to the New York City post office for public sale.
With 2014 P.S.E. certificate (XF-Superb 95; SMQ $3,250.00). Only three have graded higher (all at 98) and only three others share this grade.
EXTREMELY FINE. A GORGEOUS SOUND AND CENTERED LIGHTLY-HINGED PLATE BLOCK OF THE 1918 $2.00 ORANGE RED & BLACK.
The $2.00 and $5.00 1918 Issue are the first bi-colored dollar-denominated postage stamps issued by the United States. Both were released just three months after the famous 1918 24c Inverted Jenny, but the early printings were issued in small quantities, since stocks of the earlier $2.00 and $5.00 issues were still on hand.
According to Johl, the $2.00 Orange Red & Black was a color error on the part of the Bureau of Engraving & Printing. The official description and order for the bi-color stamps specified "Red and Black" for the $2.00. When subsequent printings appeared in 1920 and philatelists brought the matter to the attention of the Bureau, they were told "this stamp has always been this color" (Johl, p. 306). From studies of Bureau and Post Office records, it is clear that the originally-intended color was not issued until November 1920 (Scott 547), and that the earlier Orange Red stamps were mistakes. The quantity issued has been variously estimated at between 47,000 and 68,000.
EXTREMELY FINE APPEARING USED PAIR OF THE RARE 2-CENT TYPE VII IMPERFORATE OFFSET STAMP. THIS IS THE ONLY USED MULTIPLE WE HAVE OFFERED SINCE KEEPING COMPUTERIZED RECORDS.
According to Armstrong, the imperforates were issued to satisfy the needs of the last remaining private coil manufacturer. The Mail-O-Meter Company merged with the Schermack Company and so these issues are also known with the Schermack Type III perforations, such as are also seen on Scott 314A and 482A. However, a small supply of the imperforate 2c Type VII stamps without Schermack perfs did reach the public.
Our informal review of auction catalogues and the records of the Philatelic Foundation found four blocks of four and nine pairs, of which only four are sound. The example offered here is the only used multiple we have offered since keeping computerized records, which includes all of our Rarities sales and auctions going back to 1993.
Ex Sheriff (as a block), Twigg-Smith and Natalee Grace. With 1971 P.F. certificate as block.