Price History for Scott 175 in NGAI 95J Grade
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Three things to keep in mind when looking at the above results (unsolds are not included):
- It is important to look at the individual data points listed below. Price swings up may be due to varieties such as broken hat or other positives such as cancels. Price swings down may be due to factors such as faults on items that would have graded higher if they were sound, and may not be considered as desirable as a sound copy in this grade.
- When looking at multiple grades on the graph, grades with the same population numbers may show overlapping.
- At the time of an auction, the SMQ value has already been published and is available to bidders. Increases or decreases in SMQ value prior to the auction may affect the price realized.
This information is provided for hobbyists and is not intended to represent philatelic material as an investment or financial instrument. Past performance is neither an indication nor guarantee of future performance. Every effort has been made to ensure the accuracy of the information, but Siegel Auction Galleries (including its representatives and affiliates) is not liable for errors or omissions of any kind. "SMQ" refers to Stamp Market Quarterly, a copyrighted publication, and the information is used with the copyright holder's permission.
EXTREMELY FINE GEM. THIS IS WIDELY REGARDED AS THE FINEST EXAMPLE OF THE 24-CENT 1875 CONTINENTAL BANK NOTE COMPANY SPECIAL PRINTING. APPROXIMATELY 100 EXIST, AND THIS IS BY FAR THE FINEST. IT IS ALSO ONE OF THE GREAT CONDITION RARITIES OF ANY DENOMINATION OF BANK NOTE SPECIAL PRINTINGS -- THIS IS THE ONLY CONTINENTAL SPECIAL PRINTING TO ACHIEVE THE GRADE OF XF-SUPERB 95 JUMBO.
Stamps from previous issues were printed for the 1875 Centennial Exposition in Philadelphia, and were intended both for sale and also to showcase examples of every U.S. stamp printed to date. Stamps which were no longer valid for postage were called Reprints (those with original issue dates prior to demonetization -- Scott Nos. 3, 4 and 40-47). Those still valid for postage were called Re-Issues. Those printed concurrently with contemporary designs were called Special Printings. The Post Office Department tried to get the original printing company to make them where possible; the Continental Bank Note Company printed Scott Nos. 40-47 and also Scott Nos. 167-177 and 180 and 181, while National Bank Note Company printed Nos. 102-111 and Nos. 123-132.
The ungummed Special Printing stamps were only available from the office of the Third Assistant Postmaster General. The Bank Note regular issue, with the same design and gummed, could be obtained from any post office, so few were sold.
One of the characteristics of Scott 167-177 Continental Special Printings is that the stamps were scissor-separated. In Chronicle No. 183, William E. Mooz examines how the stamps may have been separated prior to sale, and theorizes sheets were stacked and cut apart in a time saving measure when making sets. Faster for the postal clerk, but surely unsatisfying to collectors who sent away for these special printings.
A review using Power Search shows how rare any of the denominations from Scott 167-177 are in better condition. Select all Special Printings and sort by price realized, and the first three from the set to appear are on the eighth page of results -- all are scissors-separated but with perfs intact. As another indicator, only five stamps of the entire set have graded above a 90.
A notable exception to the scissors-separating are the imprint and plate number strips of four (some say five) from the Earl of Crawford collection, which now exist as singles. These were spared scissors-separation, but unfortunately most are significantly off-center. The stamp offered here has far better centering than the others in the strip. One adjoining stamp has perfs almost touching at left, as is the part imprint copy. The plate number example, which is to the left of this stamp, is centered strongly to right.
Ex Earl of Crawford and Floyd. With 1993 and 2001 P.F. certificates. With 2017 P.S.E. certificate (XF-Superb 95 Jumbo; unpriced in SMQ above the grade of 95, SMQ $25,000.00 as 95). This is the highest grade awarded and it is shared by no others.
EXTREMELY FINE GEM. A STUNNING EXAMPLE OF THE 24-CENT 1875 CONTINENTAL BANK NOTE COMPANY SPECIAL PRINTING.
Our recently updated census records for Scott 175 contain approximately 100 examples. This is certainly one of the finest.
Unpublished Census No. 175-UNC-99. Ex Lilly. With 1966 P.F. and 2008 P.S.E. certificates (XF 90; SMQ $16,100.00).