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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 — 1939 Presidential Issue Coils (Scott 839-851)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
2731
nh
Sale Number 1202, Lot Number 2731, 1939 Presidential Issue Coils (Scott 839-851)1939 Presidential Issue Coils, Superb 98 Graded Mint N.H. Joint Line Pairs (839/851), 1939 Presidential Issue Coils, Superb 98 Graded Mint N.H. Joint Line Pairs (839/851)1939 Presidential Issue Coils, Superb 98 Graded Mint N.H. Joint Line Pairs (839/851). Nine of the 13 values, missing only Nos. 841, 845, 847 and 849, each with perfect centering and margins, bright and fresh, Extremely Fine Gems, P.S.E. encapsulated (Superb 98; total SMQ $3,300.00), several are the highest graded examples including Nos. 842, 843, 848 (no equals), 850 (no equals) and 851

E. 1,000-1,500
1,700
2732
nh
Sale Number 1202, Lot Number 2732, 1939 Presidential Issue Coils (Scott 839-851)1939 Presidential Issue Coils, Superb Graded Mint N.H. Pairs (839-851), 1939 Presidential Issue Coils, Superb Graded Mint N.H. Pairs (839-851)1939 Presidential Issue Coils, Superb Graded Mint N.H. Pairs (839-851). Complete set of Mint N.H. pairs, all but two are graded Gem 100 by P.S.E., only Nos. 841 (Superb 98, two grade higher) and 850 (Superb 98 Jumbo, highest graded) are less than 100, each of the 100's and the 98J is the highest graded pair with matching populations ranging from zero (No. 851) to seven, absolutely pristine and perfect throughout

EXTREMELY FINE GEMS. A SUPERB SET OF MINT NEVER-HINGED PAIRS OF THE 1939 PRESIDENTIAL COILS, WITH ALL BUT ONE PAIR THE HIGHEST GRADED BY P.S.E.

Each P.S.E. encapsulated. Total SMQ $6,730.00

E. 2,000-3,000
3,250
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2733
nh
Sale Number 1202, Lot Number 2733, 1939 Presidential Issue Coils (Scott 839-851)1939 Presidential Issue Coils, Superb Graded Mint N.H. Singles (839-851), 1939 Presidential Issue Coils, Superb Graded Mint N.H. Singles (839-851)1939 Presidential Issue Coils, Superb Graded Mint N.H. Singles (839-851). 13 Mint N.H. stamps, complete for the series, eight are graded Gem 100 by P.S.E., the only lower grades are Nos. 840 (98, four grade higher), 843 (98, three grade higher), 845 (98, one grades higher), 848 (98, two grade higher) and 850 (98, highest graded), each of the 100's and one of the 98's is the highest grade awarded, Extremely Fine Gems, a superb set, P.S.E. encapsulated, total SMQ counting Nos. 839, 849 and 851 as 98 (each is unpriced in 100 grade) is more than $2,700.00

E. 1,000-1,500
1,700
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2734
 
Sale Number 1202, Lot Number 2734, 1939 Presidential Issue Coils (Scott 839-851)1939 Presidential Issue Coils, Superb Graded Used Collection (839-851), 1939 Presidential Issue Coils, Superb Graded Used Collection (839-851)1939 Presidential Issue Coils, Superb Graded Used Collection (839-851). 38 used items, representing each of the Scott numbers of the coil series, nearly all present in all three formats -- joint line pair, pair and single, only two stamps missing from the complete set of 39 possible, each P.S.E. graded (all but six encapsulated) with most the highest recorded, only seven are the second highest recorded, of the highest recorded stamps at least 14 have no equals in the P.S.E. Population Report, the majority are 98 grades with eight 100's, eight 95's (most of the 95's are the highest graded) and three 90's (Nos. 844, 848 and 849 line pairs, each is the highest graded), absolutely perfect condition throughout with neat cancels, only two are precancels (both are No. 840 line pairs with different precancels)

EXTREMELY FINE GEMS. THIS IS THE ULTIMATE GRADED USED COLLECTION OF 1939 PRESIDENTIAL COILS. THIS COLLECTION COULD NOT BE DUPLICATED WITH CURRENT GRADED POPULATIONS.

A spreadsheet is linked to this lot listing each stamp, its format, grade, rank in the P.S.E. Population Report and number equal, if any (or in very few cases the number higher). P.S.E. does not price these coils in used condition, but the populations at these top grades are smaller than for Mint N.H. examples, so it would be hard to overstate the rarity of this collection

E. 4,000-5,000
3,500
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2735
nh
Sale Number 1202, Lot Number 2735, 1939 Presidential Issue Coils (Scott 839-851)1-1/2c Bister Brown, Presidential Coil (840), 1-1/2c Bister Brown, Presidential Coil (840)1-1/2c Bister Brown, Presidential Coil (840). Mint N.H. joint line pair, mathematically perfect centering, Extremely Fine Gem, P.S.E. encapsulated (Gem 100; SMQ $825.00), this is the only 100 listed in the P.S.E. Population Report but we offered another back in 2007

1
900
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2736
nh
Sale Number 1202, Lot Number 2736, 1939 Presidential Issue Coils (Scott 839-851)2c Rose Carmine, Presidential Coil (841), 2c Rose Carmine, Presidential Coil (841)2c Rose Carmine, Presidential Coil (841). Mint N.H. joint line pair, perfect centering with Jumbo margins, Extremely Fine Gem, P.S.E. encapsulated (Superb 98 Jumbo; SMQ $425.00), the highest grade awarded and shared by no others

1
425
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2737
nh
Sale Number 1202, Lot Number 2737, 1939 Presidential Issue Coils (Scott 839-851)4-1/2c Dark Gray, Presidential Coil (844), 4-1/2c Dark Gray, Presidential Coil (844)4-1/2c Dark Gray, Presidential Coil (844). Mint N.H. joint line pair, mathematically perfect centering, Extremely Fine Gem, with 2008 P.S.E. certificate (Gem 100; SMQ $850.00), this is the only joint line pair to receive this perfect grade, which is the highest recorded

5
900
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2738
nh
Sale Number 1202, Lot Number 2738, 1939 Presidential Issue Coils (Scott 839-851)5c Light Blue, Presidential Coil (845), 5c Light Blue, Presidential Coil (845)5c Light Blue, Presidential Coil (845). Mint N.H. joint line pair, mathematically perfect centering, Extremely Fine Gem, P.S.E. encapsulated (Gem 100; SMQ $950.00), this is the only joint line pair to receive this perfect grade, which is the highest recorded

27
600
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2739
nh
Sale Number 1202, Lot Number 2739, 1939 Presidential Issue Coils (Scott 839-851)10c Brown Red, Presidential Coil (847), 10c Brown Red, Presidential Coil (847)10c Brown Red, Presidential Coil (847). Mint N.H. joint line pair, mathematically perfect centering, Extremely Fine Gem, P.S.E. encapsulated (Gem 100; SMQ $1,450.00), this is the only joint line pair to receive this perfect grade, which is the highest recorded

42
800
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2740
nh
Sale Number 1202, Lot Number 2740, 1939 Presidential Issue Coils (Scott 839-851)1-1/2c Bister Brown, Presidential Coil (849), 1-1/2c Bister Brown, Presidential Coil (849)1-1/2c Bister Brown, Presidential Coil (849). Mint N.H. joint line pair, mathematically perfect centering, Extremely Fine Gem, P.S.E. encapsulated (Gem 100; unpriced in SMQ above the grade of 98, SMQ $420.00 as 98), this is the only joint line pair to receive this perfect grade, which is the highest recorded

4
1,500
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