Sale 1202 — The James Depew Collection of Superb U.S. Coils and 20th Century Imperforate Issues
Sale Date — Wednesday, 22 May, 2019
Category — 1914 Perf 10 Horizontal Coils, Single-Line Watermark (Scott 443-447)


EXTREMELY FINE GEM. A STUNNING MINT NEVER-HINGED GUIDE LINE PAIR OF THE 1914 ONE-CENT PERF 10 HORIZONTAL COIL, SCOTT 443, WITH THE PERFECT P.S.E. GRADE OF GEM 100 -- THE ONLY EXAMPLE AT THIS GRADE.
With 2008 P.S.E. certificate (Gem 100; SMQ $4,100.00). This is the only Scott 443 guide line pair to achieve this perfect grade from P.S.E. with none higher





EXTREMELY FINE GEM USED GUIDE LINE PAIR OF THE 1914 ONE-CENT PERF 10 HORIZONTAL COIL, WITH A COLORED CANCEL.
Ex Bowman. With 2002 P.F. and 2008 P.S.E. certificates (XF-Superb 95; SMQ $1,750.00). None have graded higher and only one other shares this desirable grade. The other example has a normal wavy-line machine cancel






EXTREMELY FINE GEM. AN OUTSTANDING MINT NEVER-HINGED GUIDE LINE PAIR OF THE 1914 2-CENT HORIZONTAL COIL, SCOTT 444, GRADED SUPERB 98 BY P.S.E.
With 2009 P.S.E. certificate (Superb 98; SMQ $4,750.00). This is the highest grade awarded to a Mint N.H. guide line pair of Scott 444 and it has been equaled by only one other




EXTREMELY FINE GEM. A PHENOMENAL MINT NEVER-HINGED STAMP IN EVERY RESPECT -- GRADED GEM 100 BY P.S.E. -- THIS IS THE HIGHEST GRADE AWARDED.
With 2011 P.S.E. certificate (Gem 100; SMQ $2,000.00). This is the highest grade awarded and it is the only Mint N.H. stamp in any format to achieve this grade. SMQ value is far too low in our opinion

EXTREMELY FINE GEM. A SUPERB AND RARE USED GUIDE LINE PAIR OF THE 1914 2-CENT SINGLE-LINE WATERMARK HORIZONTAL COIL, SCOTT 444.
With 2011 P.S.E. certificate (XF-Superb 95; SMQ $2,250.00). This is the highest grade awarded to a used guide line pair of Scott 444 and it has been equaled by no others




VERY FINE AND CHOICE. A SCARCE MINT NEVER-HINGED GUIDE LINE STRIP OF FOUR OF THE 3-CENT HORIZONTAL COIL, SCOTT 445.
With 2005 P.F. certificate. Scott Retail as Mint N.H. guide line pair and two singles


EXTREMELY FINE GEM. A MAGNIFICENT MINT NEVER-HINGED GUIDE LINE PAIR OF THE 3-CENT COIL, SCOTT 445, GRADED SUPERB 98 BY P.S.E. THIS IS THE HIGHEST GRADE AWARDED.
The Perf 10 coils were issued as a middle ground between the previous Per 12 coils, which separated too easily and the Perf 8-1/2 coils, which were too difficult to separate. The Perf 10 Scott 445, printed by flat plate method, has an earliest known date of use of August 13, 1915. The rotary press coils followed shortly thereafter, with the 3c horizontal rotary coil issued in February 1916 (Scott 456). With a relatively short period of use, choice examples of Scott 445 are difficult to find. When you add Mint N.H. gum and the guide line pair format, the degree of difficulty increases exponentially. This superb Mint N.H. guide line pair is easily among the few finest known.
With 2003 and 2006 P.F. certificates (Superb 98). With 2016 P.S.E. certificate (Superb 98; SMQ $15,000.00). This is the highest grade awarded and it is shared by only one other (offered in our 2010 Rarities sale, realized $22,000 hammer)


EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED PAIR OF THE 3-CENT SINGLE-LINE WATERMARK PERF 10 COIL, SCOTT 445, GRADED XF-SUPERB 95 JUMBO BY P.S.E. -- THE HIGHEST GRADE AWARDED.
With 2007 P.S.E. certificate (XF-Superb 95 Jumbo; SMQ $5,500.00). This is the highest grade awarded and it has been matched by no others


EXTREMELY FINE GEM. A STUNNING JUMBO MINT NEVER-HINGED EXAMPLE OF SCOTT 445, WHICH IS GRADED SUPERB 98 JUMBO BY P.S.E. THIS IS THE HIGHEST GRADE AWARDED AND THE ONLY EXAMPLE TO ACHIEVE IT.
Ex "Piedmont". With 2001 P.F. and 2009 P.S.E. certificates (Superb 98 Jumbo; SMQ $4,900.00). This is the highest grade awarded to a Mint N.H. Scott 445 in any format. It has been matched by no others

EXTREMELY FINE AND RARE USED GUIDE LINE STRIP OF FOUR OF THE 3-CENT PERF 10 HORIZONTAL COIL, SCOTT 445.
With 1995 P.F. certificate. Scott Retail as line pair and two singles

EXTREMELY FINE. A RARE AND BEAUTIFUL USED GUIDE LINE PAIR OF THE 3-CENT SINGLE-LINE WATERMARK PERF 10 COIL, SCOTT 445. VERY DIFFICULT TO FIND IN CHOICE USED CONDITION.
With 2008 P.S.E. certificates (XF 90; SMQ $6,250.00). This is the highest grade awarded and it is shared by no others. The next highest grade for a used guide line pair is 80

EXTREMELY FINE GEM. A SUPERB USED PAIR OF THE 3-CENT SINGLE-LINE WATERMARK PERF 10 COIL, SCOTT 445, GRADED SUPERB 98 BY P.S.E. THIS IS THE HIGHEST GRADE AWARDED.
With 2012 P.S.E. certificates (Superb 98; SMQ $3,750.00). This is the highest grade awarded and it is shared by no others.



EXTREMELY FINE MINT NEVER-HINGED GUIDE LINE STRIP OF FOUR OF THE 1914 4-CENT PERF 10 COIL, SCOTT 446.
With 1999 P.F. certificate. Scott Retail as Mint N.H. line pair and two singles


EXTREMELY FINE GEM. A STUNNING MINT NEVER-HINGED GUIDE LINE PAIR OF THE 1914 4-CENT PERF 10 SINGLE-LINE WATERMARK COIL, SCOTT 446, GRADED SUPERB 98 BY P.S.E. -- THE HIGHEST GRADE AWARDED.
The Perf 10 coils were issued as a middle ground between the previous Per 12 coils, which separated too easily and the Perf 8-1/2 coils, which were too difficult to separate. The Perf 10 Scott 446, printed by flat plate method, has an earliest known date of use of June 4, 1915. The rotary press coils followed shortly thereafter, with the 4c horizontal rotary coil known used in November 1915 (Scott 457). With a relatively short period of use, choice examples of Scott 446 are difficult to find. When you add Mint N.H. gum and the guide line pair format, the degree of difficulty increases exponentially. This superb Mint N.H. guide line pair is easily among the few finest known.
With 1981 P.F. (for strip of four) and 2013 P.S.E. certificates (Superb 98; SMQ $9,250.00). Only one other Mint N.H. guide line pair has achieved the 98 grade, which is the highest awarded


EXTREMELY FINE GEM. AN ASTONISHING JUMBO MINT NEVER-HINGED PAIR OF SCOTT 446, GRADED GEM 100 JUMBO BY P.S.E. -- THE HIGHEST GRADE POSSIBLE.
With 2011 P.S.E. certificate (Gem 100 Jumbo; SMQ $10,500.00 as 100, unpriced in the 100J grade). Only one other pair has matched this ultimate grade (the ex Whitman copy), which is the highest possible


EXTREMELY FINE GEM. A PERFECT MINT NEVER-HINGED EXAMPLE OF THE 1914 4-CENT PERF 10 SINGLE-LINE WATERMARK COIL, SCOTT 446 -- GRADED GEM 100 BY P.S.E.
Ex Curtis. With 2008 P.S.E. certificate (Gem 100; SMQ $4,950.00). This is the highest grade awarded and the only example to achieve it. The SMQ value is low considering this stamp realized $8,000 and $7,000 hammer the last two times it was sold

EXTREMELY FINE GEM. A SUPERB USED GUIDE LINE PAIR OF THE 4-CENT HORIZONTAL COIL, SCOTT 446, GRADED XF-SUPERB 95 BY P.S.E. -- BY FAR THE HIGHEST GRADE AWARDED. ONE OF THE MOST DIFFICULT COIL ISSUES TO OBTAIN WITH SUCH SUPERB CENTERING, ESPECIALLY AS A GUIDE LINE PAIR. THIS IS PROBABLY THE FINEST IN EXISTENCE.
Ex "Natalee Grace". With 1999 P.F. and 2012 P.S.E. certificates (XF-Superb 95; SMQ $4,250.00). This is the highest grade awarded and it is shared by no others. The next highest grade drops all the way down to 85J






EXTREMELY FINE GEM. THIS STUNNING MINT NEVER-HINGED GUIDE LINE PAIR OF SCOTT 447 HAS RECEIVED THE PERFECT GRADE OF GEM 100 FROM P.S.E. -- THIS IS THE HIGHEST GRADE AWARDED.
The 5c Perf 10 flat plate coil was among the last coils to be issued before the rotary press coils began to take their place. Strangely, while the issue date for Scott 447 is July 30, 1914, the earliest documented use listed in Scott is May 9, 1916 -- after the EDU for the rotary press 5c coil, Scott 458, which is known used a month earlier.
With 2009 P.S.E. certificate (Gem 100; SMQ $8,000.00). This is the highest grade awarded to a Scott 447 guide line pair and it has been equaled by only one other


EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED PAIR OF THE 1914 5-CENT PERF 10 FLAT PLATE COIL, SCOTT 447, GRADED GEM 100 BY P.S.E. THIS IS THE ONLY PAIR TO ACHIEVE THIS PERFECT GRADE.
With 1987 P.F. and 2008 P.S.E. certificates (Gem 100; SMQ $3,500.00). This is the highest grade awarded to a Scott 447 pair and it is shared by no others


EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED EXAMPLE OF THE 1914 5-CENT PERF 10 FLAT PLATE COIL, SCOTT 447, GRADED GEM 100 BY P.S.E.
With 1992 P.F. and 2013 P.S.E. certificates (Gem 100; SMQ $1,650.00). This is one of only two examples to achieve this perfect grade, with none higher. We believe this is undervalued in SMQ


