Sale 1202 — The James Depew Collection of Superb U.S. Coils and 20th Century Imperforate Issues
Sale Date — Wednesday, 22 May, 2019
Category — 1908-12 Perf 12 Vertical Coils, Double-Line Watermark (Scott 348-351)




EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED GUIDE LINE PAIR OF THE ONE-CENT VERTICAL COIL, SCOTT 348, GRADED SUPERB 98 BY P.S.E. THIS IS THE HIGHEST GRADE AWARDED.
With 2006 P.S.E. certificate (Superb 98; SMQ $4,000.00). This is the highest grade awarded and it is shared by only two others


EXTREMELY FINE GEM. THIS SUPERB MINT NEVER-HINGED PAIR OF SCOTT 348 HAS BEEN AWARDED THE PERFECT GRADE OF GEM 100 BY P.S.E.
With 2005 P.S.E. certificate (Gem 100; SMQ $1,850.00). This is the highest grade awarded to a pair and it is shared by only two others



EXTREMELY FINE GEM. THIS SUPERB USED GUIDE LINE PAIR OF THE 1908 ONE-CENT VERTICAL COIL, SCOTT 348, IS GRADED XF-SUPERB 95 BY P.S.E. -- THIS IS THE HIGHEST GRADE AWARDED AND IT IS SHARED BY NO OTHERS.
The vertical coils of the early Bureau issues were less popular than the horizontal coils and so relatively few were used. Used guide line pairs of Scott 348 are rare in any condition, let alone in sound condition with choice centering. This superb pair sits atop the P.S.E. Population Report.
With 2008 A.P.S. and 2009 P.S.E. certificates (XF-Superb 95; SMQ $2,750.00). This is the highest grade awarded to a used guide line pair and it is shared by no others






EXTREMELY FINE MINT NEVER-HINGED GUIDE LINE PAIR OF THE 2-CENT VERTICAL COIL, SCOTT 349.
With 2001 P.F. and 2005 P.S.E. certificates (XF 90; SMQ $2,500.00). Only one line pair grades higher (at 95) and only two others share this grade










EXTREMELY FINE MINT NEVER-HINGED GUIDE LINE PAIR OF THE 4-CENT HORIZONTAL COIL, SCOTT 350.
According to Johl (Vol. 1, page 153), this coil was issued approximately eighteen months after the horizontal coil Scott 354 and was only in use for a short period of time.
Ex "Hanover". With 2002 P.F. and 2016 P.S.E. certificates (VF-XF 85; SMQ $3,350.00). Only four grade higher


EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED PAIR OF THE 4-CENT PERF 12 DOUBLE-LINE WATERMARKED COIL, GRADED XF-SUPERB 95 BY P.S.E.
According to Johl (Vol. 1, page 153), this coil was issued approximately eighteen months after the horizontal coil Scott 354 and was only in use for a short period of time.
With 2008 P.S.E. certificate (XF-Superb 95; SMQ $4,950.00). This is the highest grade awarded to a Mint N.H. pair of Scott 350, with none equal.



VERY FINE. THIS IS EASILY THE FINEST RECORDED USED GUIDE LINE PAIR OF THE 1910 4-CENT VERTICAL COIL. ONLY EIGHT GENUINE USED GUIDE LINE MULTIPLES ARE LISTED IN OUR CENSUS. A PHENOMENAL RARITY.
According to Johl (Vol. 1, page 153), this coil was issued approximately eighteen months after the horizontal coil Scott 354 and was only in use for a short period of time. Our census of used guide line pairs records only seven, plus one contained in a strip of four. Five of the eight were used in Benton Harbor Mich., the home town of Alvin Filstrup.
Unpublished Census No. 350-CAN-LP-07. Ex "Natalee Grace". With 2010 and 2012 P.S.E. certificates (VF 80; SMQ $4,000.00). Only three used guide line pairs of Scott 350 have received a grade from P.S.E., with this pair the highest graded. The other two are graded under 50

EXTREMELY FINE USED PAIR OF THE 1910 4-CENT VERTICAL COIL, GRADED XF 90 BY P.S.E. -- THIS IS THE HIGHEST GRADE AWARDED.
With 2016 P.S.E. certificate (XF 90; SMQ $1,950.00). This is the highest grade awarded to a used pair with none equal.





EXTREMELY FINE GEM. A STUNNING MINT NEVER-HINGED GUIDE LINE PAIR OF SCOTT 351, GRADED XF-SUPERB 95 BY P.S.E.
With 2006 P.S.E. certificate (XF-Superb 95; SMQ $8,000.00). Only one guide line pair grades higher (at 98, offered in Sale 1199) and only four share this grade


EXTREMELY FINE GEM. PROBABLY THE FINEST MINT NEVER-HINGED PAIR OF THE 5-CENT VERTICAL COIL IN EXISTENCE AND GRADED SUPERB 98 BY P.S.E. THIS IS THE HIGHEST GRADE AWARDED.
With 2001 P.F. and 2004 P.S.E. certificates (Superb 98; SMQ $6,500.00). This is the highest grade awarded with no equals


EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED EXAMPLE OF THE 5-CENT VERTICAL COIL, GRADED SUPERB 98 BY P.S.E -- THE HIGHEST GRADE AWARDED.
With 1985 P.F. (for pair) and 2010 P.S.E. certificates (Superb 98; SMQ $3,100.00). This is the highest grade awarded and it is shared by only three others

EXTREMELY FINE GEM. AN OUTSTANDING USED PAIR OF THE 5-CENT WASHINGTON VERTICAL COIL. THIS IS THE HIGHEST GRADED EXAMPLE IN THE P.S.E. POPULATION REPORT, WITH NO EQUALS.
Ex Bowman. With 1994, 2001 P.F. and 2009 P.S.E. certificates (XF 90; SMQ $2,000.00). This is the highest grade awarded to a used pair (no guide line pairs are graded). The next highest pair drops all the way down to a 75. We are confused by the low SMQ value since this pair realized $7,500 hammer in our 2015 sale of the Bowman collection
