Sale 1111 — United States Stamps
Sale Date — Tuesday-Thursday, 27-29 October, 2015
Category — 1857-60 Issue (Scott 18-39)
VERY FINE. THIS IS WITHOUT QUESTION ONE OF THE MOST PRISTINE ORIGINAL-GUM EXAMPLES OF THE 1857 5-CENT RED BROWN. A PHENOMENAL RARITY.
The perforated 5c “1856” Red Brown (Scott 28) stamps were made from the stock of imperforate stamps on hand in 1857 when perforations were introduced. The 1858 printing, the first after perforations were introduced, was in the Bright Red Brown and Indian Red shades. The perforated 5c Type I stamps in any shade of Red Brown are very rare in unused or original-gum condition. In the past 14 years we have offered over 200,000 auction lots. During that time, we have sold only four other Scott 28 singles with original gum and the block of four in the Whitman sale. Of the other singles, only two were completely sound (one from the Whitman collection, one in our 2014 Rarities sale). A search of the records at the Philatelic Foundation for sound copies found only these other two. In our opinion, the Scott Catalogue value for Scott 28 with original gum is too low. The number of original-gum Scott 28 singles falls somewhere between the numbers for the Brick Red (Scott 27) and the Indian Red (Scott 28A), which catalogue $80,000.00 and $175,000.00, respectively.
With 1975 and 2015 P.F. certificates.