FINE TO EXTREMELY FINE. A RARE ORIGINAL-GUM BLOCK OF SIX OF THE 5-CENT 1847 ISSUE. THIS REMARKABLE BLOCK WAS DISCOVERED IN THE RIVES FAMILY BIBLE, ALONG WITH THE 10-CENT 1847 ISSUE BLOCK OF SIX OFFERED IN OUR 2018 AUCTION OF THE WILLIAM H. GROSS COLLECTION. A REMARKABLE RARITY.
The 1847 Issue is much scarcer in unused condition than other issues, because the stamps were demonetized in 1851. They could be exchanged for the new issue, but once the exchange period ended, the stamps would have no postage value. Considering the purchasing power of five or ten cents in 1851, it is not surprising that the stamps were either used or exchanged, rather than left for future generations of collectors in a hobby that did not yet exist.
According to information uncovered during our research of the 10c 1847 Issue block of six, the block offered here was discovered, with the 10c block of six, in the Rives family bible, sometime between 1909 and 1912. It was first sold at auction by Philadelphia Stamp Co. on June 28, 1912, where it realized $190, or three times catalogue value. For a full description of the discovery, go to https://siegelauctions.com/2018/1188/14.pdf .
With 1977 P.F. certificate.
Scott Retail as a block of four and a pair
VERY FINE APPEARANCE. AN ATTRACTIVE ORIGINAL-GUM EXAMPLE OF THE 5-CENT 1847 ISSUE.
With 2018 P.F. certificate
EXTREMELY FINE GEM. A SUPERB USED EXAMPLE OF THE 5-CENT 1847 ISSUE WITH HUGE MARGINS AND A BLUE CANCEL, GRADED SUPERB 98 JUMNBO BY P.S.E.
With 2018 P.S.E. certificate (Superb 98 Jumbo; SMQ $5,750.00). Only two 5c 1847's grade higher (highest is 100J). This Superb 98 Jumbo grade is shared by only two others.
EXTREMELY FINE GEM. A MAGNIFICENT USED EXAMPLE OF THE 5-CENT 1847 ISSUE, WHICH HAS BEEN GRADED SUPERB 98 BY P.S.E.
Accompanied by cover from which this stamp originated (docketed April 1849). With 2014 P.S.E. certificate (Superb 98; SMQ $4,000.00 for red cancel). This is one of only four to have been awarded this grade with just five higher.