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Price History for Scott 296a in OG 70 Grade

Scott No.
Denom.
Condition
Total
10
20
30
40
50
60
70
70J
75
75J
80
80J
85
85J
90
90J
95
95J
98
98J
100
100J
296a
4c
6
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
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Three things to keep in mind when looking at the above results (unsolds are not included):

  1. 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.
  2. When looking at multiple grades on the graph, grades with the same population numbers may show overlapping.
  3. 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.

Sale#/
Date
Lot#/
Grade
90
Symbol
Photo/Description
Cat./Est. Value
Realized
2008-06-07
2008 Rarities of the World
636°
PSE 90
og
Sale Number 958, Lot Number 636, Pan-American Issue4c Pan-American, Center Inverted (296a), 4c Pan-American, Center Inverted (296a)4c Pan-American, Center Inverted (296a). Original gum which is only lightly hinged, fresh and bright colors, nearly perfect centering with wide and balanced margins

EXTREMELY FINE GEM. THIS STAMP, WITH ITS SUPERB CENTERING, BRIGHT FRESH COLOR AND PRISTINE ORIGINAL GUM, IS THE HIGHEST-GRADED EXAMPLE OF THE 4-CENT PAN-AMERICAN INVERT. BY FAR THE RAREST OF THE PAN-AMERICAN INVERTS IN CHOICE SOUND CONDITION.

The 4c Pan-American Invert was a special printing and not regularly issued. Examples were distributed through two official channels, and the gum on the majority of stamps without "Specimen" overprint was disturbed. In fact, because the stamps were removed from mounting paper, they are generally thinned or have seriously disturbed gum. The example offered here, with near-perfect centering and in pristine condition, is a rare exception.

Anyone who has attempted to form a superb set of the three Pan-American Inverts knows that the difficulty of acquisition increases exponentially from the 1c to the 4c denominations. In fact, the 4c Invert stamps in almost every "Superb" collection have been compromise copies, acquired out of frustration and desperation after staring at the last remaining blank space for too long. In our opinion, the stamp offered here could set a record not only for the 4c Invert, but for any of the Pan-American Inverts. The 4c Invert with plate number, offered in our Odeneal sale (Sale 941) with a P.S.E. grade of 80, realized $300,000 hammer. Prospective bidders should use the Odeneal realization as a benchmark for the value of the stamp offered here, which is two grade levels higher.

Ex Clifford C. Cole. With 1947 A.P.S., 1988 P.F. and 2008 P.S.E. certificates (XF 90). SMQ does not even price this stamp above the grade of 80. SMQ $300,000.00 as 80, which is two full grades below this.

35,000
625,000
Sale#/
Date
Lot#/
Grade
80
Symbol
Photo/Description
Cat./Est. Value
Realized
2013-10-09
The Beverly Hills Collection of United States Inverts
PSE 80
og
Sale Number 1052, Lot Number 5, 1901 Pan-American Issue Inverts4c Pan-American, Center Inverted (296a), 4c Pan-American, Center Inverted (296a)4c Pan-American, Center Inverted (296a). Original gum, lightly hinged, with plate number “1145” and plate letters in selvage at bottom, fresh and bright colors, choice centering, small “W.H.C.” handstamp applied on back of stamp and selvage by Warren H. Colson

EXTREMELY FINE. THIS STAMP, WITH ITS PRISTINE GUM, RICH COLOR, LONG AND FULL PERFORATIONS AND PLATE NUMBER SELVAGE, IS THE FINEST OF ALL EXAMPLES OF THE 4-CENT PAN-AMERICAN INVERT WITH IMPRINT SELVAGE.

Ex John F. Odeneal (Siegel Sale 941, October 3, 2007, lot 1207, $300,000 hammer)

Certified by The Philatelic Foundation in 1991 as “Genuine, previously hinged” (certificate 241269, which no longer accompanies stamp). With 2013 P.F. certificate as “Genuine, previously hinged” with a grade of Very Fine 80. With 2013 Professional Stamp Experts certificate (1270177), which states “genuine unused, o.g., previously hinged” with a grade of Very Fine 80, Mint OGph.

The grade of Very Fine 80 is the second highest for Scott 296a in the PSE Population Report, and this is the only stamp to receive it. One higher grade (XF 90) has been awarded to a single without the plate number selvage. After the 80 and 90 point stamps, there are two stamps graded Fine 70.

The 2013 Scott U.S. Specialized Catalogue and Stamp Market Quarterly values for Scott 296a in Very Fine 80 are $75,000 and $270,000, respectively, but neither conveys the true value of this stamp, which has both philatelic significance, by virtue of the plate number selvage, and high-grade condition status.

Click here for an introduction to the 1901 Pan-American Issue: http://siegelauctions.com/2013/1052/1901_Intro.pdf

Click here for an introduction to the 4c Pan-American Invert: http://siegelauctions.com/2013/1052/296a_Intro.pdf

75,000
130,000
2007-10-03
The John F. Odeneal Collection of Superb Mint U.S. Stamps
1207
PSE 80
og
Sale Number 941, Lot Number 1207, Pan-American Issue4c Pan-American, Center Inverted (296a), 4c Pan-American, Center Inverted (296a)4c Pan-American, Center Inverted (296a). Original gum which is only lightly hinged, with plate number "1145" and plate letters in selvage at bottom, fresh and bright colors, choice centering for this difficult issue

EXTREMELY FINE. AN EXCEPTIONALLY RARE PLATE NUMBER SINGLE OF THE 4-CENT PAN-AMERICAN INVERT. THIS STAMP, WITH ITS PRISTINE GUM, RICH COLOR, LONG AND FULL PERFORATIONS AND WITH THE PLATE NUMBER SELVAGE, IS TRULY ONE OF THE FINEST AND MOST DESIRABLE EXAMPLES EXTANT.

The 4c Pan-American Invert was a special printing and not regularly issued. Examples were distributed through two official channels, and the gum on the majority of stamps without "Specimen" overprint was disturbed. In fact, because the stamps were removed from mounting paper, they are generally thinned or have seriously disturbed gum. The example offered here, from the bottom of the sheet, is extraordinary for its pristine gum, choice centering and plate number selvage.

We record only four other examples with the plate no., including a block of four with part imprint and plate no. (perfs are in at bottom), a strip of four with imprint and plate no. (perfs touch at bottom) and two other singles (one with perfs touching design at bottom).

Anyone who has attempted to form a superb set of the three Pan-American Inverts knows that the difficulty of acquisition increases exponentially from the 1c to the 4c denominations. In fact, the 4c Invert stamps in almost every "Superb" collection have been compromise copies, acquired out of frustration and desperation after staring at the last remaining blank space for too long. In our opinion, the stamp offered here could set a record not only for the 4c Invert, but for any of the Pan-American Inverts.

With 1991 P.F. and 2007 P.S.E. certificates (VF 80; SMQ $75,000.00 is irrelevant for a stamp of this quality and unique character).

35,000
300,000
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Sale#/
Date
Lot#/
Grade
70
Symbol
Photo/Description
Cat./Est. Value
Realized
2015-02-19
Outstanding United States Stamps
1252A
PSE 70
og
Sale Number 1092, Lot Number 1252A, 1901 Pan-American Issue (Scott 294-299)4c Pan-American, Center Inverted (296a), 4c Pan-American, Center Inverted (296a)4c Pan-American, Center Inverted (296a). Original gum, lightly hinged for this issue, fresh and completely sound

FINE. A RARE SOUND EXAMPLE OF THE 4-CENT PAN-AMERICAN INVERT WITH INTACT ORIGINAL GUM.

The 4c stamp portrays an electric automobile, known at the time as the "Electric Vehicle Service," as depicted on the Baltimore & Ohio Railroad brochure from which the engraving was made. In the background one can see the dome of the Capitol. One of the two men seated as the front was Samuel B. Hege, B&O's passenger agent, so this stamp actually depicts a living person in violation of the law.

The 4c Pan-American Invert was a special printing and not regularly issued. Examples were distributed through two official channels, and the gum on the majority of stamps without "Specimen" overprint was disturbed. In fact, because the stamps were removed from mounting paper, they are generally thinned or have seriously disturbed gum. This is a rare exception.

With 2013 P.S.E. certificate (OGph, Fine 70; SMQ $85,000.00). The Scott Catalogue value is for a stamp with slightly disturbed gum.

85,000
30,000
2009-04-14
The Alan B. Whitman Collection, Part Two: 1870-1901 Issues
366
PSE 70
og
Sale Number 968A, Lot Number 366, 1901 Pan-American Issue Invert Singles (Scott 294a, 295a, 296)4c Pan-American, Center Inverted (296a), 4c Pan-American, Center Inverted (296a)4c Pan-American, Center Inverted (296a). Original gum, lightly hinged for this issue, fresh and completely sound

FINE. ONE OF THE FEW SOUND EXAMPLES OF THE 4-CENT PAN-AMERICAN INVERT WITH INTACT ORIGINAL GUM.

The 4c Pan-American Invert was a special printing and not regularly issued. Examples were distributed through two official channels, and the gum on the majority of stamps without "Specimen" overprint was disturbed. In fact, because the stamps were removed from mounting paper, they are generally thinned or have seriously disturbed gum. This is a rare exception.

With 1976 and 1999 P.F. certificates and 2008 P.S.E. certificate (OGph, Fine 70). The Scott Catalogue value is for a stamp with slightly disturbed gum.

70,000
90,000
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Sale#/
Date
Lot#/
Grade
50
Symbol
Photo/Description
Cat./Est. Value
Realized
2009-12-04
The Beverly Hills Collection of Outstanding United States Stamps
1098
PSE 50
og
Sale Number 978, Lot Number 1098, Pan-American Issue4c Pan-American, Center Inverted (296a), 4c Pan-American, Center Inverted (296a)4c Pan-American, Center Inverted (296a). Lightly hinged for this issue which is normally found with either disturbed gum or heavy hinging, deep rich colors, three wide margins

FINE. A SCARCE SOUND ORIGINAL-GUM EXAMPLE OF THE 4-CENT PAN-AMERICAN INVERT.

The 4c stamp portrays an electric automobile, known at the time as the "Electric Vehicle Service," as depicted on the Baltimore & Ohio Railroad brochure from which the engraving was made. In the background one can see the dome of the Capitol. The two men depicted in the front seat are both chauffeurs. The man in the passenger compartment is Samuel P. Hege, so this stamp actually depicts living person in violation of the law.

The 4c Pan-American Invert was a special printing and not regularly issued. Examples were distributed through two official channels, and the gum on the majority of stamps without "Specimen" overprint was disturbed. In fact, because the stamps were removed from mounting paper, they are generally thinned or have seriously disturbed gum.

1968 P.F. certificate no longer accompanies. P.S.E. encapsulated (OGh, VG 50; SMQ $45,000.00)

70,000
40,000
2008-09-24
United States Stamps
2605
PSE 50
og
Sale Number 962, Lot Number 2605, Pan-American Issue (Scott 294-299)4c Pan-American, Center Inverted (296a), 4c Pan-American, Center Inverted (296a)4c Pan-American, Center Inverted (296a). Lightly hinged for this issue which is normally found with either disturbed gum or heavy hinging, deep rich colors, three wide margins

FINE. A SCARCE SOUND ORIGINAL-GUM EXAMPLE OF THE 4-CENT PAN-AMERICAN INVERT.

The 4c Pan-American Invert was a special printing and not regularly issued. Examples were distributed through two official channels, and the gum on the majority of stamps without "Specimen" overprint was disturbed. In fact, because the stamps were removed from mounting paper, they are generally thinned or have seriously disturbed gum.

With 1968 P.F. and 2008 P.S.E. certificates (VG 50; SMQ $50,000.00)

35,000
45,000
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Sale#/
Date
Lot#/
Grade
40
Symbol
Photo/Description
Cat./Est. Value
Realized
2012-06-26
2012 Rarities of the World
211°
PSE 40
og
Sale Number 1025, Lot Number 211, Pan-American Issue and Inverts4c Pan-American, Center Inverted (296a), 4c Pan-American, Center Inverted (296a)4c Pan-American, Center Inverted (296a). Lightly hinged for this issue which is normally found with either disturbed gum or heavy hinging, deep rich colors, three wide margins

FINE. A SCARCE SOUND ORIGINAL-GUM EXAMPLE OF THE 4-CENT PAN-AMERICAN INVERT.

The 4c Pan-American Invert was a special printing and not regularly issued. Examples were distributed through two official channels, and the gum on the majority of stamps without "Specimen" overprint was disturbed. In fact, because the stamps were removed from mounting paper, they are generally thinned or have seriously disturbed gum.

With 2012 P.S.E. certificate (G-VG 40; SMQ $22,500.00 as 30, $47,500.00 as 50).

75,000
22,000
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