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Sale 1147 — The Don David Price Collection of the U.S. 1918 24c Jenny Air Post Issue

Sale Date — Tuesday, 28 February, 2017

Category — Klein-Robey Letter Confirming Purchase of Jenny Invert Sheet

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
8
c
Sale Number 1147, Lot Number 8, Klein-Robey Letter Confirming Purchase of Jenny Invert SheetEugene Klein Letter to William T. Robey, Confirming Purchase of Inverted Jenny Sheet, Eugene Klein Letter to William T. Robey, Confirming Purchase of Inverted Jenny SheetEugene Klein Letter to William T. Robey, Confirming Purchase of Inverted Jenny Sheet. One-page typewritten letter on stamp dealer Eugene Klein's letterhead, datelined and addressed "May 20, 1918, Special Delivery, Registered, W. T. Robey, 1420 Harvard Street N.W., Washington D.C.", letter states:

Dear Sir: Confirming our telephone conversation at 4.30 P.M., I will take your sheet of inverted center 24c Airplane stamps for $15,000, which you agreed to deliver at my office tomorrow.

I am looking forward to your arrival at about noontime to-morrow [in manuscript], as stated.

Very truly yours,

[signed] Eugene Klein

Accompanied by original registered 5c Brown entire with Klein's red oval corner card addressed to Robey, franked with 3c and 5c 1917 Issue stamps (501, 504) tied by Philadelphia double-oval cancels, Philadelphia and Washington D.C. registered backstamps, cover torn no doubt due to Roby's eagerness to get to the contents, letter with couple sealed tears and creases

THE HISTORIC LETTER FROM EUGENE KLEIN TO WILLIAM T. ROBEY CONFIRMING KLEIN'S PURCHASE OF THE ORIGINAL SHEET OF 100 OF THE 1918 24-CENT AIR POST INVERTED JENNY ERROR. A WONDERFUL ARTIFACT OF STAMP COLLECTING AND THE PERFECT ACCOMPANIEMENT TO THE WORLD'S MOST FAMOUS ERROR.

The complete story of the discovery of the Inverted Jenny sheet by William T. Robey on May 14, 1918, his efforts to find a buyer during his few days of ownership and his striking a deal with Eugene Klein, can be found at http://invertedjenny.com

The complete story of the discovery of the Inverted Jenny sheet by William T. Robey on May 14, 1918, his efforts to find a buyer during his few days of ownership and his striking a deal with Eugene Klein, is described on pages 22-26 of this catalogue. The letter offered here was the confirmation by Klein of his exercise of an option to purchase the sheet for $15,000. The agreement was reached at Klein’s home on Sunday, May 19, and Klein’s option was to expire the afternoon of May 20. On Tuesday, May 21, Robey returned to Philadelphia with his father-in-law and delivered the sheet to Klein, who in turn sold it to collector Colonel Edward Howland Robinson Green for $20,000. Colonel Green authorized Klein to break the sheet into singles and blocks and sell what the colonel did not retain for his own collection

E. 15,000-20,000
42,500
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