EXTREMELY FINE GEM. A MOST IMPRESSIVE MINT NEVER-HINGED JUMBO OF THE 4-CENT WATERMARKED PERF 10 ISSUE -- GRADED SUPERB 98 JUMBO BY P.S.E.
Ex Whitman. With 1995 P.F. and 2008 P.S.E. certificates (Superb 98 Jumbo; SMQ $2,750.00). This is the highest grade awarded and it is shared by only two others
EXTREMELY FINE. A VERY RARE INTACT SHEET OF 400 OF THE 1917 5-CENT IMPERFORATE ERROR. FEWER THAN 50 SHEETS WERE RELEASED TO THE PUBLIC AND NEARLY ALL HAVE BEEN BROKEN UP.
During the course of production of the normal 2c plate--Plate 7942--three subjects were noted to be weakly transferred: Positions 74 and 84 in the upper left quadrant, and Position 18 in the lower right. The plate was sent back to the siderographer, who burnished out the three entries and re-entered them. Instead of the 2c transfer roll, he mistakenly used the 5c transfer roll for the 2c plate. The sheets were printed in the normal 2 Red color, but three stamps in each sheet of 400 were 5c stamps, which were normally printed in blue--that is how the 5c Red errors came to be.
The misentered plate and the sheets produced from it passed unnoticed, and the 5c error stamps were issued to the public. The largest number of sheets to reach collectors were perforated 11 (Scott 505). A smaller number were perforated 10 (Scott 467). The rarest of the errors are the imperforate stamps (Scott 485). On May 2, 1917, the Third Assistant Postmaster General sent out a printed notice informing postmasters of the error and recalling the "mis-printed" sheets, but by then the red cats were out of the bag.
The largest group of sheets discovered at one time were all imperforate, but they never made it to collectors. 755 imperforate sheets of 400 stamps (2,265 errors) were on their way to a company for private perforating when they were found in the Chicago post office and returned to Washington, D.C., for destruction. Three of the Chicago sheets were kept for the National Philatelic Collection.
Philip H. Ward, Jr. later reported that he bought two sheets from John Klemann, a New York dealer, who said he acquired them from Joseph Leavy, curator of the national collection, but Klemann may have been lying about his source, since he was involved in the purchase and sale of the New York find of imperforate sheets--48 sheets of 400, also intended for private perforating. The hoard was found in a New York post office and bought in two stages (25 and 23) by Edgar Nelton, a stamp dealer. He and a partner named George Tuttle sought financing from Klemann and accepted becoming one-quarter partners (whether it was one-quarter each or together is unclear). Sometime later, Klemann reported to his partners that he sold most of the sheets to Col. Edward H. R. Green. Years later, Nelton's account reflected his bitterness over what he considered to be a poor financial outcome from the discovery and Klemann's role in the sale. It does not take much imagination to see that Klemann told his partners one thing and did another, taking more than his share by underreporting profits.
An excellent series of articles on the 5c error by Kevin Lowther was published in 2012 in the U.S. Specialist and is available online to members. We recommend it to anyone who wants to know more about this fascinating episode of philatelic history--and we recommend this sheet as an impressive example of the double and single errors in a large multiple.
Scott value $54,000.00 as a Mint N.H. double error in a block of 12 and a Mint N.H. single error in a block of nine, with no additional catalogue value for the 2c stamps or premium for the intact multiple
VERY FINE AND CHOICE PAIR OF THE RARE 2-CENT TYPE II PERF 10 HORIZONTAL COIL ON UNWATERMARKED PAPER.
Scott 491 was in production for only a short period of time before being replaced by the Ty. III, Scott 492. Unlike most other issues, the horizontal coil is actually scarcer than the vertical coil.
With copy of 1988 P.F. certificate for strip of four and 2004 P.F. certificate as pair
EXTREMELY FINE GEM MINT NEVER-HINGED EXAMPLE OF THE $2.00 ORANGE RED & BLACK 1918 FRANKLIN ISSUE.
With 2013 P.S.E. certificate (XF-Superb 95; SMQ $3,300.00), Only three grade higher.
VERY FINE EXAMPLE OF THE RARE TYPE VII IMPERFORATE.
Ex Dr. Puliafito. With 1994 P.F. and 2016 P.S.E. certificates
EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED PAIR OF THE 2-CENT TYPE VII IMPERFORATE, GRADED XF-SUPERB 95 BY P.S.E. -- THE HIGHEST GRADE AWARDED.
Most Type VII stamps were used by private vending and affixing-machine companies. However, unlike Scott 314A and 482A, a small supply of the imperforate 2c Type VII stamps did reach the public.
With 2014 P.S.E. certificate (XF-Superb 95; SMQ $9,250.00). This is the highest grade awarded to a pair and it is shared by only four others