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Sale 1092 — Outstanding United States Stamps

Sale Date — Thursday-Friday, 19-20 February, 2015

Category — 1847 Issue and 1875 Reproduction (Scott 1-4)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
1001°
ogbl
Sale Number 1092, Lot Number 1001, 1847 Issue and 1875 Reproduction (Scott 1-4)5c Red Brown (1), 5c Red Brown (1)5c Red Brown (1). Block of four, original gum, large margins to just in at upper right with portion of adjoining frameline at top left, top left stamp huge margins, rich color, horizontal crease at top frame line of bottom pair, tiny scissors-cut between stamps at bottom, few light toned spots not mentioned on accompanying certificate

FINE-EXTREMELY FINE APPEARANCE. A RARE ORIGINAL-GUM BLOCK OF FOUR OF THE 5-CENT 1847 ISSUE.

The 1847 Issue is much scarcer in unused condition than other issues, because the stamps were demonetized in 1851. They could be exchanged for the new issue, but once the exchange period ended, the stamps would have no postage value. Considering the purchasing power of five or ten cents in 1851, it is not surprising that the stamps were either used or exchanged, rather than left for future generations of collectors.

We have identified 17 unused blocks of the 5c 1847 Issue. Excluded from this tally is what might be an unused block in the Webster Knight collection at Brown University and a block of 30 which has been rumored to exist for years.

With 2002 P.S.E. certificate

50,000
0
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