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Sale 1202 — The James Depew Collection of Superb U.S. Coils and 20th Century Imperforate Issues

Sale Date — Wednesday, 22 May, 2019

Category — 1910 Perf 12 Vertical Coils, Single-Line Watermark (Scott 385-386)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
2377
nh
Sale Number 1202, Lot Number 2377, 1910 Perf 12 Vertical Coils, Single-Line Watermark (Scott 385-386)1c Green, Coil (385), 1c Green, Coil (385)1c Green, Coil (385). Mint N.H. guide line pair, near perfect centering, rich color and proof-like impression

EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED GUIDE LINE PAIR OF THE ONE-CENT VERTICAL COIL, SCOTT 385, IN THE FINEST CONDITION.

With 2006 P.S.E. certificate (XF-Superb 95; SMQ $4,250.00). This is the highest grade awarded to a Mint N.H. guide line pair of this issue, with only one other equal

1,000
3,250
2378
nh
Sale Number 1202, Lot Number 2378, 1910 Perf 12 Vertical Coils, Single-Line Watermark (Scott 385-386)1c Green, Coil (385), 1c Green, Coil (385)1c Green, Coil (385). Mint N.H. pair, essentially perfect centering, rich color on post-office fresh paper, Extremely Fine Gem, a superb pair in every respect, with 2006 P.S.E. certificate (Superb 98; SMQ $2,250.00), the highest grade awarded to a Scott 385 in any format or gum condition and it is shared by only one other Mint N.H. pair

240
1,900
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2379
nh
Sale Number 1202, Lot Number 2379, 1910 Perf 12 Vertical Coils, Single-Line Watermark (Scott 385-386)1c Green, Coil (385), 1c Green, Coil (385)1c Green, Coil (385). Mint N.H., wide margins and precise centering, fresh color on bright paper, Extremely Fine Gem, with 1990 (for pair), 2000 P.F. and 2008 P.S.E. certificates (XF-Superb 95; SMQ $600.00), the highest grade awarded and only four other singles have equaled it

100
850
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2380
 
Sale Number 1202, Lot Number 2380, 1910 Perf 12 Vertical Coils, Single-Line Watermark (Scott 385-386)1c Green, Coil (385), 1c Green, Coil (385)1c Green, Coil (385). Guide line pair, well-centered, light wavy-line machine cancel, Very Fine and choice, an exceptionally difficult line pair to find in sound and centered used condition, with 2001 and 2016 P.S.E. certificates (VF 80; SMQ $850.00), only one line pair grades higher (at 85) and no others share this grade

850
550
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2381
 
Sale Number 1202, Lot Number 2381, 1910 Perf 12 Vertical Coils, Single-Line Watermark (Scott 385-386)1c Green, Coil (385), 1c Green, Coil (385)1c Green, Coil (385). Perfect centering with wide margins, rich color, lightly cancelled, Extremely Fine Gem, a superb used coil in the finest attainable condition, with 2016 P.S.E. certificate (Superb 98; unpriced in SMQ above the grade of 95), the highest grade awarded and shared by no others

50
800
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2382
nh
Sale Number 1202, Lot Number 2382, 1910 Perf 12 Vertical Coils, Single-Line Watermark (Scott 385-386)2c Carmine, Coil (386), 2c Carmine, Coil (386)2c Carmine, Coil (386). Mint N.H. guide line strip of four, vivid color, attractive centering and margins

VERY FINE AND CHOICE. A RARE MINT NEVER-HINGED STRIP OF THE 2-CENT VERTICAL COIL, SCOTT 386.

With 2007 P.F. certificate, Scott Retail as Mint N.H. guide line pair and two singles

4,100
2,500
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2383
nh
Sale Number 1202, Lot Number 2383, 1910 Perf 12 Vertical Coils, Single-Line Watermark (Scott 385-386)2c Carmine, Coil (386), 2c Carmine, Coil (386)2c Carmine, Coil (386). Mint N.H. guide line pair, brilliant color, well-centered

VERY FINE AND CHOICE. MINT NEVER-HINGED GUIDE LINE PAIRS OF THE 2-CENT VERTICAL COIL, SCOTT 386, ARE EXTREMELY ELUSIVE IN THE HIGHER GRADES.

The Perf 12 coils proved to be too susceptible to falling apart in the machines used to affix (and make) the coils. They also generated complaints from postmasters and users, who found them too fragile to handle easily. The Bureau of Engraving and Printing switched to Perf 8-1/2 for their coils very shortly after issuing the Perf 12 vertical coil, Scott 386. The EDU for Scott 386 is December 9, 1910, while the issue date for the first Perf 8-1/2 coil, Scott 391, is December 12, 1910. As such, Scott 386 had a very short period of use.

With 2009 and 2014 P.S.E. certificates (VF-XF 85; SMQ $4,000.00). Only one Mint N.H. guide line pair grades higher (at 90, offered in our 2016 sale of the "Hanover" collection). This is the only example graded 85. The next highest is a 75

3,500
3,500
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2384
nh
Sale Number 1202, Lot Number 2384, 1910 Perf 12 Vertical Coils, Single-Line Watermark (Scott 385-386)2c Carmine, Coil (386), 2c Carmine, Coil (386)2c Carmine, Coil (386). Mint N.H. pair, vivid color, outstanding centering and margins

EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED PAIR OF THE 2-CENT VERTICAL COIL, SCOTT 386, GRADED XF-SUPERB 95 BY P.S.E. THIS IS THE HIGHEST GRADE AWARDED AND IT IS SHARED BY NO OTHERS.

With 2007 P.S.E. certificate (XF-Superb 95; SMQ $2,600.00). This is the highest graded Mint N.H. pair of Scott 386 and it has not been equaled. The highest Mint N.H. guide line pair is graded 90 (offered in our 2016 sale of the "Hanover" collection).

600
3,500
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2385
nh
Sale Number 1202, Lot Number 2385, 1910 Perf 12 Vertical Coils, Single-Line Watermark (Scott 385-386)2c Carmine, Coil (386), 2c Carmine, Coil (386)2c Carmine, Coil (386). Mint N.H., perfect centering, vivid color on post-office fresh paper

EXTREMELY FINE GEM. WITH THE P.S.E. GRADE OF SUPERB 98, THIS IS THE HIGHEST GRADED EXAMPLE OF SCOTT 386 IN ANY FORMAT OR GUM CONDITION.

With 1987 P.F. (for pair) and 2010 P.S.E. certificates (Superb 98; SMQ $2,750.00). This is the highest graded example of Scott 386 in any format or gum condition, and it has not been equaled.

260
3,750
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2386
 
Sale Number 1202, Lot Number 2386, 1910 Perf 12 Vertical Coils, Single-Line Watermark (Scott 385-386)2c Carmine, Coil (386), 2c Carmine, Coil (386)2c Carmine, Coil (386). Guide line pair, brilliant color, light strikes of Alabama oval registry cancel, centered to left but frameline is clear, Fine and extremely rare in genuine used condition, only a handful of guide line pairs have been certified as genuine and this is the finest we have encountered, with 2006 P.S.E. and 2007 A.P.S. certificates as on its original July 1918 registered cover (cover does not accompany, but is photographed), with 2008 P.S.E. certificate as off-cover (F 70; SMQ $1,200.00), this is the only guide line pair which has been graded by P.S.E., we feel this is undervalued by both Scott and SMQ, as the example from our sale of the "Natalee Grace" collection, which was centered even more strongly left, realized $5,500 hammer

2,500
5,250
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2387
 
Sale Number 1202, Lot Number 2387, 1910 Perf 12 Vertical Coils, Single-Line Watermark (Scott 385-386)2c Carmine, Coil (386), 2c Carmine, Coil (386)2c Carmine, Coil (386). Outstanding centering and margins, bold wavy-line machine cancel, single short perf at top right, still Extremely Fine, with 2017 P.S.E. certificate (XF 90; SMQ $275.00), only one used single grades higher (at 95) and no others share this grade

90
1,000
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