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Sale 1149 — The Grant Inman Collection, Part 4: Proprietary and Other Revenue Issues

Sale Date — Tuesday, 28 February, 2017

Category — Green Stock Transfer: 1943-1944 Ovpts.

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
343
og
Sale Number 1149, Lot Number 343, Green Stock Transfer: 1943-1944 Ovpts.$30.00 Bright Green, "Series 1943" Ovpt., Stock Transfer (RD157), $30.00 Bright Green, "Series 1943" Ovpt., Stock Transfer (RD157)$30.00 Bright Green, "Series 1943" Ovpt., Stock Transfer (RD157). Without gum as issued, serial no. 9401, deep rich color, well-balanced margins, Extremely Fine

750
500
344
og
Sale Number 1149, Lot Number 344, Green Stock Transfer: 1943-1944 Ovpts.$50.00 Bright Green, "Series 1943" Ovpt., Stock Transfer (RD158), $50.00 Bright Green, "Series 1943" Ovpt., Stock Transfer (RD158)$50.00 Bright Green, "Series 1943" Ovpt., Stock Transfer (RD158). Serial no. 8879, without gum as issued, well-balanced margins

EXTREMELY FINE. A BEAUTIFUL UNUSED EXAMPLE OF THE $50.00 "SERIES 1943" OVERPRINT STOCK TRANSFER ISSUE.

Ex "Scarsdale". With 2001 P.F. certificate

2,500
2,000
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345
og
Sale Number 1149, Lot Number 345, Green Stock Transfer: 1943-1944 Ovpts.$60.00 Bright Green, "Series 1943" Ovpt., Stock Transfer (RD159), $60.00 Bright Green, "Series 1943" Ovpt., Stock Transfer (RD159)$60.00 Bright Green, "Series 1943" Ovpt., Stock Transfer (RD159). Without gum as issued, serial no. 5769, bright color and paper, tiny inconsequential surface scuff to right of Howell Cobb's face

VERY FINE APPEARANCE. AN EXTREMELY RARE UNUSED EXAMPLE OF THE "SERIES 1943" OVERPRINT STOCK TRANSFER ISSUE.

This issue is rare in used condition without a cut cancel. This is the first unused example we have encountered.

Ex "Wildhorse". With 2014 P.F. certificate

4,000
2,100
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346
 
Sale Number 1149, Lot Number 346, Green Stock Transfer: 1943-1944 Ovpts.$500.00 Bright Green, "Series 1943" Ovpt., Stock Transfer (RD161), $500.00 Bright Green, "Series 1943" Ovpt., Stock Transfer (RD161)$500.00 Bright Green, "Series 1943" Ovpt., Stock Transfer (RD161). Serial no. 1984, brilliant color nicely complemented by magenta manuscript cancel

EXTREMELY FINE GEM. A BEAUTIFUL EXAMPLE OF THE $500.00 "SERIES 1943" OVERPRINT STOCK TRANSFER ISSUE.

Eric Jackson records only six uncut examples.

Ex "Scarsdale". With 2001 P.F. certificate. This is the only denomination of the issue that is listed but unpriced as unused in Scott

2,250
950
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347
 
Sale Number 1149, Lot Number 347, Green Stock Transfer: 1943-1944 Ovpts.$1,000.00 Bright Green, "Series 1943" Ovpt., Stock Transfer (RD162), $1,000.00 Bright Green, "Series 1943" Ovpt., Stock Transfer (RD162)$1,000.00 Bright Green, "Series 1943" Ovpt., Stock Transfer (RD162). Serial no. 11448, intense color, clear 1944 handstamp cancel, additional neat cut cancel which is not clearly evident, Extremely Fine, ex "Scarsdale", Scott Retail as with cut cancel

350
110
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348
og
Sale Number 1149, Lot Number 348, Green Stock Transfer: 1943-1944 Ovpts.$50.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD181), $50.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD181)$50.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD181). Without gum as issued, serial no. 12489, deep rich color on bright paper, wide margins, Very Fine and choice, with 2003 P.S.E. certificate

350
700
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349
og
Sale Number 1149, Lot Number 349, Green Stock Transfer: 1943-1944 Ovpts.$60.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD182), $60.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD182)$60.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD182). Without gum as issued, serial no. 7131, deep rich color and proof-like impression, well-balanced margins

EXTREMELY FINE. A RARE UNUSED EXAMPLE OF THE $60.00 "SERIES 1944" OVERPRINT STOCK TRANSFER ISSUE. THIS IS THE ONLY EXAMPLE LOCATED WITH POWER SEARCH.

Ex "Scarsdale". With 2002 P.F. certificate

1,500
4,250
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350
og
Sale Number 1149, Lot Number 350, Green Stock Transfer: 1943-1944 Ovpts.$100.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD183), $100.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD183)$100.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD183). Without gum as issued, serial no. 16201, deep rich color and detailed impression, Very Fine and choice, with 2006 P.S.E. certificate (VF 80; unpriced in SMQ)

1,000
2,700
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351
 
Sale Number 1149, Lot Number 351, Green Stock Transfer: 1943-1944 Ovpts.$500.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD184), $500.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD184)$500.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD184). Serial no. 3400, attractive shade, 1945 perf cancel, Extremely Fine, ex "Scarsdale", Power Search contains only two others and all have perf cancels, Scott Retail as with perf cancel

500
325
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352
 
Sale Number 1149, Lot Number 352, Green Stock Transfer: 1943-1944 Ovpts.$1,000.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD185), $1,000.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD185)$1,000.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD185). Serial no. 3829, deep rich color, purple handstamp and also unobtrusive cut cancels which are barely evident, Very Fine and choice, ex "Scarsdale", Power Search contains only one other (with perf cancel), Scott Retail as with cut cancel

1,000
1,100
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353
 
Sale Number 1149, Lot Number 353, Green Stock Transfer: 1943-1944 Ovpts.$5,000.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD185B), $5,000.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD185B)$5,000.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD185B). Serial no. 170, top right stamp on document also bearing pair and single of $100.00 "Series of 1945" Ovpt. (RD206), single of $500.00 "Series of 1945" Ovpt. (R434), two pairs of $100.00 "Series of 1945" Ovpt. (R433) and also eight other stamps ranging from 10c thru $30.00, seven (including RD185B) tied by perf initials "LT & Co.+8-6-45", others with either cut or manuscript cancels, back of document is typed listing of stock account, side with stamps with manuscript "Affixed & Examined in my presence 8/2/45, $6254.30 Doc. & S/T Stamps due on securities transfer from old partnerships on admission of William W. Cumberland as new gen. partner 7/1/45" and signed "M. F. Bonitz, Int. Rev. Agt.", also with pink and white stubs affixed at left, few small imperfections to be expected on such a large document (none mentioned on accompanying certificate)

VERY FINE. THE UNIQUE EXAMPLE OF THE $5,000.00 "SERIES 1944" STOCK TRANSFER ISSUE, USED ON ITS ORIGINAL DOCUMENT. A REMARKABLE ARTIFACT AND REGARDED AS THE MOST IMPORTANT STOCK TRANSFER ISSUE IN EXISTENCE.

The $5,000.00 denomination of the "Series 1944" overprint was not known to exist until this document was discovered. Its existence was logically assumed, because the $5.000.00 value was issued as part of the other years' series. Whatever the reason for its rarity, proof of the $5,000.00 "Series 1944" did not surface until a few years ago, when a descendant of one of those involved in the transaction brought this document and others to a stamp show, where it was recognized by noted dealer Richard Friedberg, who brokered the sale to "Scarsdale".

Ex "Scarsdale". With 2010 P.F. certificate.

75,000
40,000
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354
 
Sale Number 1149, Lot Number 354, Green Stock Transfer: 1943-1944 Ovpts.$10,000.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD185C), $10,000.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD185C)$10,000.00 Bright Green, "Series 1944" Ovpt., Stock Transfer (RD185C). Serial no. 1802, natural s.e. at right, bright color, neat violet handstamp cancel, "GT" perf initials and cut cancel, blue manuscript cancel at top left, few tiny flaws

VERY FINE APPEARANCE. THIS IS ONE OF ONLY TWO RECORDED EXAMPLES OF THE $10,000.00 "SERIES 1944" STOCK TRANSFER ISSUE. ONE OF THE GREATEST REVENUE RARITIES IN EXISTENCE.

The other recorded example, serial no. 2, was recently offered in our sale of the Curtis Collection (Siegel Sale 1110, lot 1449, realized $42,500 hammer).

Ex Fleischman. Scott Retail as cut cancel

45,000
30,000
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