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Price History for Scott 523 in OGnh 80 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
523
$2
107
0
0
1
0
3
1
7
0
8
0
3
1
1
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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
98J
Symbol
Photo/Description
Cat./Est. Value
Realized
2019-05-01
Gem-Quality United States Stamps
1518
PSE 98J
nh
Sale Number 1199, Lot Number 1518, 1917-20 Issues (Scott 519-547)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H. with part arrow right selvage, detailed impressions on post-office fresh paper, perfectly centered with Jumbo margins

EXTREMELY FINE GEM. A STUNNING MINT NEVER-HINGED EXAMPLE OF THE $2.00 ORANGE RED & BLACK 1918 FRANKLIN ISSUE, WHICH HAS BEEN AWARDED THE GRADE OF SUPERB 98 JUMBO BY P.S.E.

Ex Whitman. With 1997 P.F. and 2008 P.S.E. certificates (Superb 98 Jumbo; SMQ $9,000.00). This is the only example in the P.S.E. Population Report graded 98J. Only two stamps grade higher (one each at 100 and 100J).

1,100
3,250
2009-09-22
The Alan B. Whitman Collection, Part Three: 1902-34 Issues, B-O-B
690
PSE 98J
nh
Sale Number 968B, Lot Number 690, 1916-17 Issues (Scott 519-524)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., radiant color, detailed impressions on post office fresh paper, perfectly centered with Jumbo margins

EXTREMELY FINE GEM. A STUNNING MINT NEVER-HINGED EXAMPLE OF THE $2.00 ORANGE RED & BLACK 1918 FRANKLIN ISSUE, WHICH HAS BEEN AWARDED THE GRADE OF SUPERB 98 JUMBO BY P.S.E. -- ONLY ONE HAS GRADED HIGHER.

With 1997 P.F. and 2008 P.S.E. certificates (Superb 98 Jumbo; unpriced in SMQ above the grade of 98, $7,200.00 as 98). This is the only example to have achieved this grade, and only one has graded higher

1,300
2,200
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Sale#/
Date
Lot#/
Grade
98
Symbol
Photo/Description
Cat./Est. Value
Realized
2008-09-24
United States Stamps
2792
PSE 98
nh
Sale Number 962, Lot Number 2792, 1912-23 Issues (Scott 405-524)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., brilliant impressions as fresh as the day they were printed, perfectly centered with unusually wide margins

EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED EXAMPLE OF THE $2.00 ORANGE RED & BLACK 1918 FRANKLIN ISSUE, WHICH HAS BEEN AWARDED THE GRADE OF SUPERB 98 BY P.S.E. -- ONLY ONE HAS GRADED HIGHER.

The $2.00 and $5.00 1918 Issue are the first bi-colored dollar-denominated postage stamps issued by the United States. Both were released just three months after the famous 1918 24c Inverted Jenny, but the early printings were issued in small quantities, since stocks of the 1902 $2.00 and $5.00 1917 issue were still on hand.

According to Johl, the $2.00 Orange Red & Black was a color error on the part of the Bureau of Engraving & Printing. The official description and order for the bi-color stamps specified "Red and Black" for the $2.00. When subsequent printings appeared in 1920 and philatelists brought the matter to the attention of the Bureau, they were told "this stamp has always been this color" (Johl, p. 306). From studies of Bureau and Post Office records, it is clear that the originally-intended color was not issued until November 1920 (Scott 547), and that the earlier Orange Red stamps were mistakes. The quantity issued has been variously estimated at between 47,000 and 68,000.

With 2008 P.S.E. certificate (Superb 98; SMQ $10,000.00). Only two others have achieved this grade, and only one has graded higher. Another indication of this stamp's rarity in high grades is that none has been added to the P.S.E. Population Report in Mint N.H. 98 and higher grades since our Scarsdale sale in March 2007.

1,300
11,000
2007-03-30
The Scarsdale Collection, Part 4
263
PSE 98
nh
Sale Number 932, Lot Number 263, 1917 Bi-Colored Issue (Scott 523 to 524)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., brilliant colors as fresh as the day it was printed, mathematically perfect alignment of vignette and frame, perfectly centered with unusually wide margins

EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED EXAMPLE OF THE $2.00 ORANGE RED & BLACK 1918 FRANKLIN ISSUE, WHICH HAS BEEN AWARDED THE GRADE OF SUPERB 98 BY P.S.E. -- ONLY ONE HAS GRADED HIGHER.

The $2.00 and $5.00 1918 Issue are the first bi-colored dollar-denominated postage stamps issued by the United States. Both were released just three months after the famous 1918 24c Inverted Jenny, but the early printings were issued in small quantities, since stocks of the 1902 $2.00 and $5.00 1917 issue were still on hand.

According to Johl, the $2.00 Orange Red & Black was a color error on the part of the Bureau of Engraving & Printing. The official description and order for the bi-color stamps specified "Red and Black" for the $2.00. When subsequent printings appeared in 1920 and philatelists brought the matter to the attention of the Bureau, they were told "this stamp has always been this color" (Johl, p. 306). From studies of Bureau and Post Office records, it is clear that the originally-intended color was not issued until November 1920 (Scott 547), and that the earlier Orange Red stamps were mistakes. The quantity issued has been variously estimated at between 47,000 and 68,000.

With 1994 and 2000 P.F. and 2007 P.S.E. certificates (Superb 98; SMQ $8,000.00). Only two others have achieved this grade, and only one has graded higher.

1,300
9,500
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Sale#/
Date
Lot#/
Grade
95J
Symbol
Photo/Description
Cat./Est. Value
Realized
2007-06-16
2007 Rarities of the World
264
PSE 95J
nh
Sale Number 937, Lot Number 264, Washington-Franklin and Commemorative Issues$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., beautiful centering with Jumbo margins, brilliant colors on crisp paper

EXTREMELY FINE GEM. A HUGE MINT NEVER-HINGED EXAMPLE OF THE $2.00 ORANGE RED & BLACK 1918 FRANKLIN ISSUE, WHICH HAS BEEN AWARDED THE GRADE OF XF-SUPERB 95 JUMBO BY P.S.E

With 1997 and 2007 P.S.E. certificates (XF-Superb 95 Jumbo; SMQ $4,650.00 as 95, $9,000.00 as 98). Only two have been awarded this grade, and only three have graded higher to date (in our opinion, this stamp deserves a Superb 98 grade without the Jumbo appellation).

1,300
4,250
Sale#/
Date
Lot#/
Grade
95
Symbol
Photo/Description
Cat./Est. Value
Realized
2013-12-17
The Golden Oak Collection of Superb United States
716
PSE 95
nh
Sale Number 1062, Lot Number 716, 1917-19 Issues (Scott 481-524)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., beautiful centering with wide margins all around, fresh colors on bright paper

EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED EXAMPLE OF THE $2.00 ORANGE RED & BLACK 1918 FRANKLIN ISSUE.

With 2006 P.S.E. certificate (XF-Superb 95; SMQ $3,300.00)

1,150
1,900
2012-11-28
The Merlin Collection of Superb United States Stamps
469
PSE 95
nh
Sale Number 1034, Lot Number 469, 1917-20 Washington-Franklin Issues (Scott 486-541)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., beautiful centering with wide margins all around, bright white paper

EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED EXAMPLE OF THE $2.00 ORANGE RED & BLACK 1918 FRANKLIN ISSUE.

With 2004 P.S.E. certificate (XF-Superb 95; SMQ $3,300.00)

1,150
1,400
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Sale#/
Date
Lot#/
Grade
90J
Symbol
Photo/Description
Cat./Est. Value
Realized
2013-11-19
United States Stamps
3982
PSE 90J
nh
Sale Number 1061, Lot Number 3982, 1917-22 Issues (Scott 519-573)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., beautiful centering with Jumbo margins all around, detailed impressions, just a hint of oxidation, still Extremely Fine, with 2007 P.S.E. certificate (XF 90 Jumbo; SMQ $1,650.00 as 90, $3,300.00 as 95).

1,150
950
2013-11-19
United States Stamps
3981
PSE 90J
nh
Sale Number 1061, Lot Number 3981, 1917-22 Issues (Scott 519-573)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H. with wide top selvage, intense colors and impressions, Jumbo margins, Extremely Fine, with 2007 P.S.E. certificate (XF 90 Jumbo; SMQ $1,650.00 as 90, $3,300.00 as 95)

1,150
1,700
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2011-10-12
Outstanding United States Stamps
2019
PSE 90J
nh
Sale Number 1014, Lot Number 2019, 1917-19 Washington-Franklin Issues (Scott 498f-524)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., Jumbo margins, fresh and bright, exceptionally well-centered, Extremely Fine, with 2011 P.S.E. certificate (XF 90 Jumbo; SMQ $1,650.00 as 90, $3,300.00 as 95)

1,200
1,300
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2010-04-06
United States Stamps
934
PSE 90J
nh
Sale Number 984, Lot Number 934, 1917-19 Issues (Scott 481-524)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., beautiful centering with Jumbo margins all around, bright colors as fresh as the day it was printed, detailed impressions

EXTREMELY FINE. A GORGEOUS MINT NEVER-HINGED EXAMPLE OF THE $2.00 ORANGE RED & BLACK 1918 FRANKLIN ISSUE. A STUNNING STAMP.

With 2007 P.S.E. certificate (XF 90 Jumbo; SMQ $1,700.00 as 90, $3,400.00 as 95).

1,200
1,500
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2008-09-24
United States Stamps
2793
PSE 90J
nh
Sale Number 962, Lot Number 2793, 1912-23 Issues (Scott 405-524)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., beautiful centering with Jumbo margins all around, bright colors as fresh as the day it was printed, detailed impressions

EXTREMELY FINE. A GORGEOUS MINT NEVER-HINGED EXAMPLE OF THE $2.00 ORANGE RED & BLACK 1918 FRANKLIN ISSUE. A STUNNING STAMP.

With 2007 P.S.E. certificate (XF 90 Jumbo; SMQ $2,350.00 as 90, $4,850.00 as 95).

1,300
1,700
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2007-06-16
2007 Rarities of the World
265
PSE 90J
nh
Sale Number 937, Lot Number 265, Washington-Franklin and Commemorative Issues$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., beautiful centering with Jumbo margins all around, bright colors as fresh as the day it was printed, detailed impressions

EXTREMELY FINE. A GORGEOUS MINT NEVER-HINGED EXAMPLE OF THE $2.00 ORANGE RED & BLACK 1918 FRANKLIN ISSUE. A STUNNING STAMP.

With 2007 P.S.E. certificate (XF 90 Jumbo; SMQ $2,350.00 as 90, $4,650.00 as 95). Only seven have graded higher to date.

1,300
2,300
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Sale#/
Date
Lot#/
Grade
90
Symbol
Photo/Description
Cat./Est. Value
Realized
2015-10-27
United States Stamps
589
PSE 90
nh
Sale Number 1111, Lot Number 589, 1917-19 Issues, Cont. (Scott 506-524)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., nearly perfectly centered, pristine colors and gum, vignette shifted to right into frame, Extremely Fine, with 2005 P.S.E. certificate (XF 90; SMQ $1,750.00)

1,150
650
2011-03-08
United States Stamps
2804
PSE 90
nh
Sale Number 1007, Lot Number 2804, 1917-19 Issues (Scott 491-524)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., nearly perfectly centered, pristine colors and gum, vignette shifted to right into frame, Extremely Fine, with 2005 P.S.E. certificate (XF 90; SMQ $1,700.00)

1,200
1,200
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Sale#/
Date
Lot#/
Grade
85J
Symbol
Photo/Description
Cat./Est. Value
Realized
2014-03-24
United States Stamps
1596
PSE 85J
nh
Sale Number 1067, Lot Number 1596, 1918-22 Issues (Scott 505-550)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., Jumbo margins and choice centering, small natural inclusion in lower right margin, Extremely Fine, with 2008 and 2009 P.S.E. certificates (VF-XF 85 Jumbo; SMQ $1,300.00 as 85, $1,750.00 as 90)

1,150
950
Sale#/
Date
Lot#/
Grade
85
Symbol
Photo/Description
Cat./Est. Value
Realized
2017-05-11
United States Stamps
3736
PSE 85
nh
Sale Number 1156, Lot Number 3736, 1917-19 Washington-Franklin Issues, cont. (Scott 498-524)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., wide margins and well-centered, fresh colors, Very Fine and choice, with 1980 P.F. and 2009 P.S.E. certificates (VF-XF 85; SMQ $1,300.00)

1,150
800
2016-11-09
U.S. and Possessions, featuring The Weinberg Inventory
933
PSE 85
nh
Sale Number 1140, Lot Number 933, 1917-19 Issues (Scott 481-524)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., wide margins and well-centered, fresh colors, Very Fine and choice, with 2008 P.S.E. certificate (VF-XF 85; SMQ $1,300.00)

1,150
700
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2015-02-19
Outstanding United States Stamps
1358
PSE 85
nh
Sale Number 1092, Lot Number 1358, 1916-20 Issues (Scott 462-550)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H. with left part arrow selvage, wide margins and choice centering, Extremely Fine, with 2015 P.S.E. certificate (VF-XF 85; SMQ $1,300.00)

1,150
950
Back to Top
2012-06-27
United States Stamps and Postal History, CSA, General Foreign
1447
PSE 85
nh
Sale Number 1026, Lot Number 1447, 1912-22 Issues, continued (Scott 498f-547)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., nice margins and centering, Very Fine and choice, with 2007 P.S.E. certificate (VF-XF 85; SMQ $1,200.00)

1,200
850
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2011-12-13
United States Stamps
845
PSE 85
nh
Sale Number 1017, Lot Number 845, 1916-21 Issues (Scott 467-550)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., bright colors, vignette noticeably shifted towards bottom, Extremely Fine, with 1992 P.F. and 2010 P.S.E. certificates (VF-XF 85; SMQ $1,200.00)

1,200
1,300
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2010-10-26
United States Stamps
6062
PSE 85
nh
Sale Number 997, Lot Number 6062, 1917-19 Issues (Scott 481-524)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., radiant colors as fresh as the day it was printed, choice centering, also with significant shifted vignette which is far down into the lettering, Extremely Fine, a most unusual stamp, with 1992 P.F. and 2010 P.S.E. certificates (VF-XF 85; SMQ $1,200.00), the SMQ value does not take into consideration the shifted vignette

1,200
700
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2009-06-23
United States Stamps
1940
PSE 85
nh
Sale Number 975, Lot Number 1940, 1917-19 Issues (Scott 481-524)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., attractively centered, Very Fine and choice, with 1989 P.F. and 2009 P.S.E. certificates (VF-XF 85; SMQ $1,350.00)

1,300
900
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Sale#/
Date
Lot#/
Grade
80
Symbol
Photo/Description
Cat./Est. Value
Realized
2011-03-08
United States Stamps
2805
PSE 80
nh
Sale Number 1007, Lot Number 2805, 1917-19 Issues (Scott 491-524)$2.00 Orange Red & Black (523), $2.00 Orange Red & Black (523)$2.00 Orange Red & Black (523). Mint N.H., fresh and bright, vivid frame color, upward vignette shift into top label, Very Fine, with 2004 P.S.E. certificate (VF 80; SMQ $900.00)

1,200
650
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