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Sale 1180 — The David Wingate Collection of United States Stamps

Sale Date — Wednesday-Thursday, 11-12 April, 2018

Category — 1869 Pictorial Issue, Inverts (Scott 120b, 121b)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
179°
ng
Sale Number 1180, Lot Number 179, 1869 Pictorial Issue, Inverts (Scott 120b, 121b)24c Green & Violet, Center Inverted (120b), 24c Green & Violet, Center Inverted (120b)24c Green & Violet, Center Inverted (120b). Unused (no gum), both the frame and vignette impressions are detailed impressions, choice centering for this difficult issue with perforations well clear of the design on all four sides, tiny thin spot in the grill area is negligible

VERY FINE APPEARANCE. THE 24-CENT 1869 PICTORIAL ISSUE INVERT IS ONE OF THE RAREST OF ALL INVERTS IN UNUSED CONDITION. ONLY FOUR UNUSED EXAMPLES ARE RECORDED, AND OF THESE ONLY THREE ARE AVAILABLE TO COLLECTORS. THE TAPLING STAMP IS PART OF THE PERMANENT COLLECTION OF THE BRITISH LIBRARY. THE STAMP OFFERED HERE HAS THE BEST CENTERING OF THE FOUR.

This stamp was acquired sometime in the 1950s by Herbert Houghton “Hoky” Phillips, Jr., a Texas relative of Benjamin D. Phillips and a client of Raymond and Roger Weill. His collection was sold privately to the Weills around 1985. In 1987 it was acquired by Ryohei Ishikawa in a private transaction brokered by Harvey R. Warm and Scott R. Trepel (purchased from the Weills). It was sold in the 1993 Ishikawa auction at Christie's, where it was purchased by Columbian Stamp Company (Sonny Hagendorf) on behalf of a private collector. In 1996 Hagendorf sold the stamp to Steven Walske. It was offered in Walske's 2003 auction of his 1869 Pictorial Issue collection (the "Lafayette" collection), where it was acquired by David Wingate.

The Scott Catalogue value for the 24c 1869 Invert in unused condition is $750,000.00, but the last auction realization was $1,125,000 hammer (February 9, 2008, Philip Weiss Auctions), and that stamp was subsequently sold privately for an even higher price.

Census No. 120b-UNC-01. Ex H. Houghton Phillips, Jr., Ryohei Ishikawa and Steven C. Walske. With 1946, 1969 and 2003 P.F. certificates (the first two no longer accompany).

Census of Scott 120b: https://siegelauctions.com/census/us/scott/120b

750,000
525,000
180°
ng
Sale Number 1180, Lot Number 180, 1869 Pictorial Issue, Inverts (Scott 120b, 121b)30c Ultramarine & Carmine, Flags Inverted (121b), 30c Ultramarine & Carmine, Flags Inverted (121b)30c Ultramarine & Carmine, Flags Inverted (121b). Unused (no gum), deep rich colors and detailed impressions, unusually choice centering with well-balanced margins, accompanying certificates note "slightly toned" but we do not believe this is toned to a degree that merits mention, small thin spot, sensibly strengthened corner creases at bottom right

EXTREMELY FINE APPEARANCE. ONE OF SEVEN RECORDED UNUSED EXAMPLES OF THE 30-CENT 1869 PCTORIAL INVERT. ONE OF THE GREATEST RARITIES OF UNITED STATES PHILATELY.

Only seven unused examples of the 30c 1869 Pictorial Issue with inverted flags are known. Only one has original gum (recently sold in our auction of the "Beverly Hills" collection for $600,000 hammer). The other six have no gum. Of the seven unused copies, the original-gum example is sound, as is one of the no gum copies (recently offered in our "Hanover" sale in 2016). One other is potentially sound, but has not been seen since 1960.

Census No. 121b-UNC-01. Ex Colonel Green and Frank Joseph, Jr. With 1978 and 2002 P.F. certificates.

Click here for a census of the unused 30c 1869 Pictorial Issue Inverts: https://siegelauctions.com/census/us/scott/121b

300,000
80,000
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