Price History for US Scott 523 in OGnh 90 Grade
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Show all gradesThree 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.
Date
$2.00 Orange Red & Black (523). Mint N.H., brilliant color, perfectly centered with unusually wide marginsEXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED EXAMPLE OF THE $2.00 ORANGE RED & BLACK 1918 FRANKLIN ISSUE, GRADED GEM 100 JUMBO BY P.S.E. -- THE HIGHEST GRADE POSSIBLE AND THE ONLY EXAMPLE TO ACHIEVE IT.
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.
1983 P.F. certificate 123384 stating "It is Genuine" no longer accompanies. With 2014 P.F. certificate (Superb 98 Jumbo). With 2017 P.S.E. certificate (Gem 100 Jumbo; unpriced in this grade, SMQ $17,500.00 as 100). This is the highest grade possible and the only to achieve it. The P.F. is notoriously stingy with higher grades. This issue is also extremely difficult to obtain in any grade over a 98 -- P.S.E. has issued only three (one each at 98J, 100 and 100J). We have never offered the 100.
Date
$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 marginsEXTREMELY 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).
$2.00 Orange Red & Black (523). Mint N.H., radiant color, detailed impressions on post office fresh paper, perfectly centered with Jumbo marginsEXTREMELY 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
Date
$2.00 Orange Red & Black (523). Mint N.H., rich colors, mathematically perfect alignment of vignette and frame, perfectly centered with unusually wide marginsEXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED EXAMPLE OF THE $2.00 ORANGE RED & BLACK 1918 FRANKLIN ISSUE, GRADED SUPERB 98 BY P.S.E.
Ex "Scarsdale". With 1994, 2000 P.F. and 2007 P.S.E. certificates (Superb 98; SMQ $7,250.00). Only three grade higher (at 98J, 100 and 100J) and only four others share this grade.
$2.00 Orange Red & Black (523). Mint N.H., vibrant colors, unusually choice centering with wide and balanced marginsEXTREMELY FINE GEM. A STUNNING MINT NEVER-HINGED EXAMPLE OF THE $2.00 ORANGE RED & BLACK 1918 FRANKLIN ISSUE, GRADED SUPERB 98 BY P.S.E.
With 2009 P.S.E. certificate (Superb 98; SMQ $7,250.00). Only three grade higher (one each at the higher grades) and only four others share this desirable grade.
$2.00 Orange Red & Black (523). Mint N.H., brilliant impressions as fresh as the day they were printed, perfectly centered with unusually wide marginsEXTREMELY 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.
$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 marginsEXTREMELY 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.
Date
$2.00 Orange Red & Black (523). Mint N.H., beautiful centering with Jumbo margins, brilliant colors on crisp paperEXTREMELY 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).
Date
$2.00 Orange Red & Black (523). Mint N.H., gorgeous centering with wide margins all around, fresh color on bright paperEXTREMELY FINE GEM MINT NEVER-HINGED EXAMPLE OF THE $2.00 ORANGE RED & BLACK 1918 FRANKLIN ISSUE.
With 2007 P.S.E. certificate (XF-Superb 95; SMQ $4,000.00).
$2.00 Orange Red & Black (523). Mint N.H., gorgeous centering with wide margins all around, fresh colors on bright paperEXTREMELY 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.
$2.00 Orange Red & Black (523). Mint N.H., beautiful centering with wide margins all around, fresh colors on bright paperEXTREMELY 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)
$2.00 Orange Red & Black (523). Mint N.H., beautiful centering with wide margins all around, bright white paperEXTREMELY 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)
Date
$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).
$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)
$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)
$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 impressionsEXTREMELY 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).
$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 impressionsEXTREMELY 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).
$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 impressionsEXTREMELY 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.
Date
$2.00 Orange Red & Black (523). Mint N.H., radiant color, well-balanced margins, Extremely Fine, with 2008 P.S.E. certificate (XF 90; SMQ $1,750.00)
$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)
$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)
Date
$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)
Date
$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)
$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)
$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)
$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)
$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)
$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
$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)
Date
$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)