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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 — 1923-29 Rotary Press Coils (Scott 597-599A)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
2655
nh
Sale Number 1202, Lot Number 2655, 1923-29 Rotary Press Coils (Scott 597-599A)1c Green, Coil (597), 1c Green, Coil (597)1c Green, Coil (597). Mint N.H. joint line pair, near perfect centering, fresh and bright, Extremely Fine Gem, with 2010 P.S.E. certificate (Superb 98; SMQ $375.00), the highest grade awarded and shared by only three others

4
650
2656
nh
Sale Number 1202, Lot Number 2656, 1923-29 Rotary Press Coils (Scott 597-599A)1c Green, Coil (597), 1c Green, Coil (597)1c Green, Coil (597). Mint N.H. pair and single, both with outstanding centering and margins, fresh colors, Extremely Fine Gems, with 2008 P.S.E. certificates (Superb 98; total SMQ $450.00), the pair is the highest graded with no equals, while only two grade higher than the single

2
650
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2657
 
Sale Number 1202, Lot Number 2657, 1923-29 Rotary Press Coils (Scott 597-599A)1c Green, Coil (597), 1c Green, Coil (597)1c Green, Coil (597). Joint line pair and pair, both with beautifully choice centering, neat San Francisco duplex cancel and wavy-line machine cancel respectively, Extremely Fine Gems, line pair with 2014 P.S.E. certificate (XF-Superb 95), the highest grade recorded with only three equal, pair with 2017 P.S.E. certificate (Superb 98), the highest grade recorded with only three equal, total SMQ $450.00

1
550
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2658
 
Sale Number 1202, Lot Number 2658, 1923-29 Rotary Press Coils (Scott 597-599A)1c Green, Coil (597), 1c Green, Coil (597)1c Green, Coil (597). Mathematically perfect centering, wide margins, neat Los Angeles Cal. circular datestamp cancel, Extremely Fine Gem, a superb used coil in the finest possible condition, with 2016 P.S.E. certificate (Gem 100; unpriced in SMQ above the grade of 98, SMQ $150.00 as 98)

0
120
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2659
nh
Sale Number 1202, Lot Number 2659, 1923-29 Rotary Press Coils (Scott 597-599A)1-1/2c Brown, Coil (598), 1-1/2c Brown, Coil (598)1-1/2c Brown, Coil (598). Mint N.H. joint line pair, perfect centering, rich color, Extremely Fine Gem, with 2008 P.S.E. certificate (Superb 98; SMQ $375.00), the highest grade awarded with only three equal

9
550
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2660
nh
Sale Number 1202, Lot Number 2660, 1923-29 Rotary Press Coils (Scott 597-599A)1-1/2c Brown, Coil (598), 1-1/2c Brown, Coil (598)1-1/2c Brown, Coil (598). Mint N.H. pair and single, both with outstanding centering and margins, rich colors, Extremely Fine Gems, with 2008 P.S.E. certificates (Superb 98; total SMQ $490.00), both are the highest graded in the P.S.E. Population Report

5
650
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2661
 
Sale Number 1202, Lot Number 2661, 1923-29 Rotary Press Coils (Scott 597-599A)1-1/2c Brown, Coil (598), 1-1/2c Brown, Coil (598)1-1/2c Brown, Coil (598). Joint line pair, pair and single, each with outstanding centering, line pair with Lancaster Pa. precancel, pair with Ohio duplex cancel, single with machine cancel, Extremely Fine Gems, line pair with 2013 P.S.E. certificate (XF-Superb 95; SMQ $190.00), pair with 2015 P.S.E. certificate (XF-Superb 95, unpriced in SMQ), single with 2017 P.S.E. certificate (Superb 98; unpriced in SMQ), each of these is the highest grade recorded with no equals

1
425
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2662
nh
Sale Number 1202, Lot Number 2662, 1923-29 Rotary Press Coils (Scott 597-599A)2c Carmine, Ty. I, Coil (599), 2c Carmine, Ty. I, Coil (599)2c Carmine, Ty. I, Coil (599). Mint N.H. joint line pair, perfect centering with Jumbo margins, Extremely Fine Gem, when we offered a 98 graded example in 2009 we remarked that we could not imagine how that coil line pair could be improved upon -- now we can imagine, Extremely Fine Gem, with 2010 P.S.E. certificate (Superb 98 Jumbo; SMQ $450.00), the highest grade awarded and shared by no others

4
300
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2663
nh
Sale Number 1202, Lot Number 2663, 1923-29 Rotary Press Coils (Scott 597-599A)2c Carmine, Ty. I, Coil (599), 2c Carmine, Ty. I, Coil (599)2c Carmine, Ty. I, Coil (599). Mint N.H. pair, mathematically perfect centering, vibrant color, Extremely Fine Gem, a superb pair in the finest condition, with 2010 P.S.E. certificate (Gem 100; SMQ $1,000.00), this is one of only five at this perfect grade, with none higher

1
650
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2664
 
Sale Number 1202, Lot Number 2664, 1923-29 Rotary Press Coils (Scott 597-599A)2c Carmine, Ty. I, Coil (599), 2c Carmine, Ty. I, Coil (599)2c Carmine, Ty. I, Coil (599). Joint line pair, pair and single, each with magnificent centering, rich colors, line pair with neat duplex cancel, pair with Nashville Ten. precancel, single with light machine cancel, Extremely Fine Gems, with 2015-2017 P.S.E. certificates (Superb 98; total SMQ $650.00 counting the pair as 95, it is unpriced in the 98 grade), only one line pair grades higher (at 98J), the pair is the highest graded with one equal and only one single grades higher (at 100)

2
400
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2665
 
Sale Number 1202, Lot Number 2665, 1923-29 Rotary Press Coils (Scott 597-599A)2c Carmine, Ty. I, Coil (599), 2c Carmine, Ty. I, Coil (599)2c Carmine, Ty. I, Coil (599). Pair, outstanding centering and margins, vivid color, wavy-line machine cancel, Extremely Fine Gem, with 2018 P.S.E. certificate (Superb 98; unpriced in SMQ above the grade of 95), the highest grade awarded to a used pair and it is shared by only one other (offered in previous lot)

0
160
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2666
nh
Sale Number 1202, Lot Number 2666, 1923-29 Rotary Press Coils (Scott 597-599A)2c Carmine Lake, Coil (599b), 2c Carmine Lake, Coil (599b)2c Carmine Lake, Coil (599b). Mint N.H. joint line pair, choice centering and margins, gorgeous color on post-office fresh paper, Extremely Fine Gem, rare in this condition, with 2009 P.S.E. certificate (XF-Superb 95; SMQ $1,500.00), the highest grade awarded with none equal

950
2,000
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2667
 
Sale Number 1202, Lot Number 2667, 1923-29 Rotary Press Coils (Scott 597-599A)2c Carmine Lake, Coil (599b), 2c Carmine Lake, Coil (599b)2c Carmine Lake, Coil (599b). Mint N.H. pair, choice margins and centering, fresh and Extremely Fine pair of this scarce shade, with 2008 P.S.E. certificate (XF 90; SMQ $550.00), the highest grade awarded and shared by only three others, also an oddly low SMQ price for a 90 grade (less than Scott Retail, which is based on a grade of 80)

650
600
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2668
nh
Sale Number 1202, Lot Number 2668, 1923-29 Rotary Press Coils (Scott 597-599A)2c Carmine Lake, Coil (599b), 2c Carmine Lake, Coil (599b)2c Carmine Lake, Coil (599b). Mint N.H., well-centered, rich color in this scarce shade, Extremely Fine, with 2008 P.S.E. certificate (XF 90; SMQ $375.00), the highest grade awarded to a single of this issue and it is shared by no others

300
300
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2669
 
Sale Number 1202, Lot Number 2669, 1923-29 Rotary Press Coils (Scott 597-599A)2c Carmine Lake, Coil (599b), 2c Carmine Lake, Coil (599b)2c Carmine Lake, Coil (599b). Joint line pair, intense shade of the scarce Carmine Lake, attractive centering and margins, Very Fine, with 2013 P.S.E. certificate (F-VF 75; SMQ $600.00), the highest graded of only three joint line pairs in the P.S.E. Population Report, there is an odd disconnect between Scott Retail (which is $7,000.00) and SMQ values, we tend to agree with P.S.E.'s assessment of value

E. 500-750
375
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2670
nh
Sale Number 1202, Lot Number 2670, 1923-29 Rotary Press Coils (Scott 597-599A)2c Carmine, Joint Line Pair, Ty. I, II (599-599A), 2c Carmine, Joint Line Pair, Ty. I, II (599-599A)2c Carmine, Joint Line Pair, Ty. I, II (599-599A). Mint N.H. joint line pair, left stamp Type II, right stamp Type I, rich color, beautiful centering

EXTREMELY FINE GEM. A RARE BEAUTIFULLY CENTERED MINT NEVER-HINGED JOINT LINE PAIR OF THE 2-CENT ROTARY PRESS COIL, COMBINING TYPES I AND II.

According to the Armstrong book, the Type I, Scott 599, was produced starting in 1923. In 1929 the Bureau experimented with a new method of making plates. It became necessary to retouch the die, most notably in the hair, creating Type II (Scott 599A and 634A). Combination joint line pairs exist because two plates of 170 subjects were used at one time and for a short period one plate of each type was used on the press simultaneously.

The existence of the new die wasn't discovered until 1932, almost three years after it was produced. On July 6, 1932, the postage rate for first class mail was changed from 2c to 3c, and demand dropped sharply for 2c stamps. The existence of combination joint line pairs was not discovered until the early 1940's, making them especially scarce.

With 1995 P.F. and 2008 P.S.E. certificates (XF 90; SMQ $2,500.00). The P.S.E. Population Report does not list the combination joint line pair so we do not know the population figures; it is unpriced in SMQ as 95, so it is likely none exist at that higher grade.

1,350
2,300
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2671
 
Sale Number 1202, Lot Number 2671, 1923-29 Rotary Press Coils (Scott 597-599A)2c Carmine, Joint Line Pair, Ty. I, II (599-599A), 2c Carmine, Joint Line Pair, Ty. I, II (599-599A)2c Carmine, Joint Line Pair, Ty. I, II (599-599A). Joint line strip of four, left stamps Ty. II, deep rich color, oval cancels, Fine-Very Fine, a scarce used joint line strip of the Ty. I-Ty. II combination, with 2000 P.F. certificate, Scott Retail as used line pair

1,000
800
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2672
nh
Sale Number 1202, Lot Number 2672, 1923-29 Rotary Press Coils (Scott 597-599A)2c Carmine, Ty. II, Coil (599A), 2c Carmine, Ty. II, Coil (599A)2c Carmine, Ty. II, Coil (599A). Mint N.H. joint line strip of four, rich color, Very Fine, with 1998 P.F. certificate, Scott Retail as Mint N.H. line pair and two singles

1,550
1,100
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2673
nh
Sale Number 1202, Lot Number 2673, 1923-29 Rotary Press Coils (Scott 597-599A)2c Carmine, Ty. II, Coil (599A), 2c Carmine, Ty. II, Coil (599A)2c Carmine, Ty. II, Coil (599A). Mint N.H. joint line pair, intense shade, choice centering and margins, Extremely Fine, with 2008 P.S.E. certificate (XF 90; SMQ $2,000.00), this is one of only four Mint N.H. line pairs in this grade, with none higher

1,150
2,200
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2674
nh
Sale Number 1202, Lot Number 2674, 1923-29 Rotary Press Coils (Scott 597-599A)2c Carmine, Ty. II, Coil (599A), 2c Carmine, Ty. II, Coil (599A)2c Carmine, Ty. II, Coil (599A). Mint N.H. pair, outstanding centering, attractive rich color

EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED PAIR OF THE 2-CENT TYPE II HORIZONTAL COIL, SCOTT 599A, GRADED SUPERB 98 BY P.S.E. -- THIS IS THE HIGHEST GRADE AWARDED.

With 2007 P.S.E. certificate (Superb 98; SMQ $2,800.00). This is the highest grade awarded and it is shared by only seven other pairs

425
1,600
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2675
nh
Sale Number 1202, Lot Number 2675, 1923-29 Rotary Press Coils (Scott 597-599A)2c Carmine, Ty. II, Coil (599A), 2c Carmine, Ty. II, Coil (599A)2c Carmine, Ty. II, Coil (599A). Mint N.H., wide margins and outstanding centering, rich color, Extremely Fine Gem, with 2010 P.S.E. certificate (Superb 98; SMQ $1,650.00), the highest grade awarded to a Mint N.H. single of this issue and it is shared by only one other

200
1,000
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2676
 
Sale Number 1202, Lot Number 2676, 1923-29 Rotary Press Coils (Scott 597-599A)2c Carmine, Ty. II, Coil (599A), 2c Carmine, Ty. II, Coil (599A)2c Carmine, Ty. II, Coil (599A). Pair, perfect centering, deep rich color, "Middle States" machine cancel, Extremely Fine Gem, with 2010 P.S.E. certificate (Superb 98; SMQ $700.00), the highest grade awarded to a used pair of the 2c Type II and it is shared by no others

60
850
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2677
 
Sale Number 1202, Lot Number 2677, 1923-29 Rotary Press Coils (Scott 597-599A)2c Carmine, Ty. II, Coil (599A), 2c Carmine, Ty. II, Coil (599A)2c Carmine, Ty. II, Coil (599A). Exceptional centering with wide and balanced margins, neat machine cancel, Extremely Fine Gem, with 2016 P.S.E. certificate (Superb 98; unpriced in SMQ above the grade of 95, SMQ $275.00 for 95), the highest grade awarded to a used Scott 599A single, with no equals

16
275
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