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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 — 1910-11 Perf 12 Horizontal Coils, Single-Line Watermark (Scott 387-389)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
2388
nh
Sale Number 1202, Lot Number 2388, 1910-11 Perf 12 Horizontal Coils, Single-Line Watermark (Scott 387-389)1c Green, Coil (387), 1c Green, Coil (387)1c Green, Coil (387). Mint N.H. guide line pair, choice margins and centering, rich color and proof-like impression

VERY FINE AND CHOICE. AN INCREDIBLY RARE MINT NEVER-HINGED GUIDE LINE PAIR OF THE 1910 ONE-CENT HORIZONTAL COIL, SCOTT 387.

The One-Cent Perf 12 horizontal coil with single-line watermark is a true rarity as a guide line pair in Mint N.H. condition. A review using Power Search revealed that this is the first example we have offered since 2003 (a certified example offered in our 2011 sale of the Laehder collection subsequently received a negative certificate).

With 1981 P.F. and 2017 P.S.E. certificates (VF 80; SMQ $2,500.00). Collectors waiting for a superb Mint N.H. guide line pair of this issue may be in for a long wait. The P.S.E. Population Report lists only this example plus one other at the VF 80 grade, with none higher. We have not offered any ungraded candidates in our auctions that might surpass this guide line pair

2,500
2,600
2389
nh
Sale Number 1202, Lot Number 2389, 1910-11 Perf 12 Horizontal Coils, Single-Line Watermark (Scott 387-389)1c Green, Coil (387), 1c Green, Coil (387)1c Green, Coil (387). Mint N.H. pair with 3mm spacing, deep rich color on post-office fresh paper, near perfect centering with wide margins

EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED PAIR OF THE ONE-CENT 1910 HORIZONTAL COIL, SCOTT 387, GRADED XF-SUPERB 95 BY P.S.E.

With 2005 P.S.E. certificate (XF-Superb 95; SMQ $5,500.00). Only one example grades higher (at 98) and no others share this grade. The P.S.E. Population Report lists a pair graded 95J, but its gum now has a slight disturbance and is no longer Mint N.H. -- it should be removed from the population statistics

1,050
9,500
Back to Top
2390
nh
Sale Number 1202, Lot Number 2390, 1910-11 Perf 12 Horizontal Coils, Single-Line Watermark (Scott 387-389)1c Green, Coil (387), 1c Green, Coil (387)1c Green, Coil (387). Mint N.H., essentially perfect centering, rich color on bright paper

EXTREMELY FINE GEM MINT NEVER-HINGED EXAMPLE OF THE ONE-CENT 1910 HORIZONTAL COIL, SCOTT 387, GRADED SUPERB 98 BY P.S.E. THIS IS THE HIGHEST GRADE AWARDED.

With 2016 P.S.E. certificate (Superb 98; unpriced in SMQ above the grade of 95J, SMQ $3,750.00 as 95J). This is the highest grade awarded to an unused Scott 387 in any gum condition or format. No other singles have matched this grade (one Mint N.H. pair grades 98)

400
5,250
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2391
 
Sale Number 1202, Lot Number 2391, 1910-11 Perf 12 Horizontal Coils, Single-Line Watermark (Scott 387-389)1c Green, Coil (387), 1c Green, Coil (387)1c Green, Coil (387). Guide line pair, near perfect centering with wide margins, deep rich color and proof-like impression, bold Sacramento Cal. oval registry cancels

EXTREMELY FINE GEM. A SPECTACULAR USED GUIDE LINE PAIR OF THE 1910 ONE-CENT SINGLE-LINE WATERMARK HORIZONTAL COIL, SCOTT 387, IN THE FINEST ATTAINABLE CONDITION.

According to Johl this was issued on the same day as the vertical coil, Scott 385, and was current for less than two months. Used examples are scarce in any format. This superb used guide line pair is the finest known.

With 2009 Weiss and 2010 P.S.E. certificates (XF-Superb 95; SMQ $7,000.00). This is by far the highest grade awarded; the next highest is the VF 80 guide line pair from our 2015 sale of the Bowman collection.

2,500
6,500
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2392
 
Sale Number 1202, Lot Number 2392, 1910-11 Perf 12 Horizontal Coils, Single-Line Watermark (Scott 387-389)1c Green, Coil (387), 1c Green, Coil (387)1c Green, Coil (387). Pair with 3mm spacing, choice margins and centering, light strike of oval registry cancel, few minor perf separations at top, Extremely Fine, with 2001 P.F. and 2005 P.S.E. certificates (XF 90; SMQ $950.00), only one pair grades higher (at 95)

425
2,300
Back to Top
2393
og
Sale Number 1202, Lot Number 2393, 1910-11 Perf 12 Horizontal Coils, Single-Line Watermark (Scott 387-389)2c Carmine, Coil (388), 2c Carmine, Coil (388)2c Carmine, Coil (388). Guide line pair, lightly hinged, vivid color, some reinforced perf separations at center

FINE-VERY FINE GUIDE LINE PAIR OF THE 1910 2-CENT PERF 12 SINGLE-LINE WATERMARK HORIZONTAL COIL, SCOTT 388.

This 2c coil was in production for only a short period of time before being superseded by the Perf 8-1/2 issue. Due to the greater popularity of the horizontal coils with users, combined with a wary attitude by many collectors that early coils were simply trimmed stamps, many were used and few preserved.

With 1978 P.F. and 2004 P.S.E. certificates

9,000
4,750
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2394
og
Sale Number 1202, Lot Number 2394, 1910-11 Perf 12 Horizontal Coils, Single-Line Watermark (Scott 387-389)2c Carmine, Coil (388), 2c Carmine, Coil (388)2c Carmine, Coil (388). Pair, left stamp small Scott Stamp & Coin Co. backstamp, deep rich color and proof-like impression, gorgeous centering with unusually wide and balanced margins

EXTREMELY FINE GEM. A MAGNIFICENT ORIGINAL-GUM PAIR OF THE SCARCE 1910 2-CENT HORIZONTAL COIL, SCOTT 388, GRADED XF-SUPERB 95 BY P.S.E. THIS IS THE HIGHEST GRADE AWARDED.

This 2c coil was in production for only a short period of time before being superseded by the Perf 8-1/2 issue. Due to the greater popularity of the horizontal coils with users, combined with a wary attitude by many collectors that early coils were simply trimmed stamps, most were used and few preserved.

With 1970, 1988 P.F. and 2008 P.S.E. certificates (OGph, XF-Superb 95; SMQ $6,750.00). This is the highest grade awarded to any Scott 388 pair. No other regular pairs grade higher than 85.

3,750
4,750
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2395
nh
Sale Number 1202, Lot Number 2395, 1910-11 Perf 12 Horizontal Coils, Single-Line Watermark (Scott 387-389)2c Carmine, Coil (388), 2c Carmine, Coil (388)2c Carmine, Coil (388). Mint N.H. pair with 3mm spacing, brilliant color, centered to top but margin clear

FINE AND RARE MINT NEVER-HINGED PAIR OF THE 1910 2-CENT PERF 12 SINGLE-LINE WATERMARK HORIZONTAL COIL, SCOTT 388.

This 2c coil was in production for only a short period of time before being superseded by the Perf 8-1/2 issue. Due to the greater popularity of the horizontal coils with users, combined with a wary attitude by many collectors that early coils were simply trimmed stamps, many were used and few preserved.

With 2002 P.F. and 2015 P.S.E. certificates (F 70; SMQ $3,650.00). This is the only graded Mint N.H. pair of Scott 388 in the P.S.E. Population Report

7,750
3,500
Back to Top
2396
nh
Sale Number 1202, Lot Number 2396, 1910-11 Perf 12 Horizontal Coils, Single-Line Watermark (Scott 387-389)2c Carmine, Coil (388), 2c Carmine, Coil (388)2c Carmine, Coil (388). Mint N.H., brilliant color as fresh as the day it was printed, perfectly centered with wide margins on all sides

EXTREMELY FINE GEM. AN ASTONISHING MINT NEVER-HINGED EXAMPLE OF THE RARE 1910 2-CENT HORIZONTAL COIL, SCOTT 388. THIS STAMP IS GRADED SUPERB 98 BY P.S.E.

This 2c coil was in production for only a short period of time before being superseded by the Perf 8-1/2 issue. Due to the greater popularity of the horizontal coils with users, combined with a wary attitude by many collectors that early coils were simply trimmed stamps, many were used and few preserved.

Of the Scott 388 stamps listed in the P.S.E. Population Report, only three Mint N.H. examples grade above 70. There is one 95 (ex "Alan"), this 98 (ex Merlin) and one 98J (ex Merlin).

With 2003 P.F. and 2007 P.S.E. certificates (Superb 98; SMQ $32,500.00). This is the only example to achieve this grade and only one has graded higher (at 98J)

3,250
15,500
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2397
 
Sale Number 1202, Lot Number 2397, 1910-11 Perf 12 Horizontal Coils, Single-Line Watermark (Scott 387-389)2c Carmine, Coil (388), 2c Carmine, Coil (388)2c Carmine, Coil (388). Wide margins and choice centering, rich color, neat wavy-line machine cancel, fresh and Extremely Fine, with 2017 P.S.E. certificate (VF-XF 85; SMQ $3,250.00), only two used Scott 388 singles grade higher (at 90 and 90J), while only one other shares this 85 grade

2,250
4,750
Back to Top
2398
 
Sale Number 1202, Lot Number 2398, 1910-11 Perf 12 Horizontal Coils, Single-Line Watermark (Scott 387-389)3c Deep Violet, Orangeburg Coil (389), 3c Deep Violet, Orangeburg Coil (389)3c Deep Violet, Orangeburg Coil (389). Choice centering for this difficult issue with wide margins, deep rich color, neat wavy-line machine cancel used at Orangeburg N.Y., completely sound and free of the light creases that often plague this issue

VERY FINE EXAMPLE OF THE RARE 3-CENT ORANGEBURG COIL.

The Orangeburg coil was made by the Post Office Department in 1911, specifically for use by the Bell Pharmaceutical Company. The 3c coil stamps were used to send samples of their products to physicians. Due to the quantity of mail, they were put through the first-class cancelling machine at Orangeburg, New York. The Orangeburg coil stamps' use on third-class mail, and the fact that philatelists were generally unaware of their production accounts for their rarity. Many of the existing examples are faulty to some extent. The most common defects are creases or tears.

With 1981 A.P.S., 2012 P.F. and 2013 P.S.E. certificates (F-VF 75; SMQ $10,000.00)

10,000
10,500
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