Sale 1024 — The Natalee Grace Collection of Used Stamps of the United States, Part One: 1847-1868 Issues

Sale Date — Thursday, 7 June, 2012

Category — 1847 Issue Corner Copies (Scott 1-2)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
2
 
Sale 1024, Lot 2, 1847 Issue Corner Copies (Scott 1-2)10c Black (2). Position 91R1 with bottom left corner inter-pane margins, approximately 3mm at bottom and 4mm at left, other two margins are enormous including significant part of adjoining stamp at right, fine impression on nicely blued paper, incredible detail of engraving, lightly struck blue Philadelphia circular datestamp and trace of red cancel

EXTREMELY FINE GEM. THIS IS ARGUABLY THE FINEST USED 10-CENT 1847 STAMP KNOWN TO PHILATELY. APPROXIMATELY FOURTEEN USED CORNER-MARGIN 10-CENT 1847 SINGLES ARE RECORDED. THIS IS THE ONLY COMPLETELY SOUND EXAMPLE WITH FOUR LARGE MARGINS. IT HAS ALSO BEEN GRADED SUPERB 98 JUMBO BY P.S.E.

Philip T. Wall's census of the 10c 1847 Issue, which encompasses both the Levi records and decades of searching through auction catalogues, records fourteen used stamps and one unused stamp with self-evident corner sheet margins. Others can be plated to a corner position but do not show significant sheet margins. Of the fourteen used stamps, four have larger corner margins than the stamp offered here, but all of these have faults (a total of nine are faulty). Of the four other sound copies, two have one margin touching or at least close (one of these has not been offered at auction since 1969 and is only assumed to be sound) and another is pen cancelled.

Ex Moody, Dick, Haas (Siegel Sale 418, where it realized nearly ten times Scott Catalogue value -- $2,300 vs. $235) and Wall. With 2000 P.F. and 2009 P.S.E. certificates (Superb 98 Jumbo; unpriced in SMQ above the grade of 98, SMQ $6,400.00 as 98). This is the highest grade awarded to date and only two others share this grade. We wonder why this stamp was not graded 100 Jumbo, considering the enormous margins all around.

E. 10,000-15,000
16,500