Sale 1122 — The Hanover Collection of Superb-Quality U.S. Stamps-Part One
Sale Date — Thursday, 7 April, 2016
Category — 1875 Re-Issue of 1861-66 Issue (Scott 102-111)
1c Blue, Re-Issue (102). Original gum, lightly hinged, deep rich color, crisp paper, perfectly centered with unusually wide and balanced marginsEXTREMELY FINE GEM. THIS IS EASILY ONE OF THE FINEST ORIGINAL-GUM EXAMPLES OF THE ONE-CENT 1861 RE-ISSUE IN EXISTENCE. IT IS GRADED SUPERB 98 BY P.S.E., WHICH IS THE HIGHEST GRADE AWARDED.
The 1c Re-Issue was printed from a new plate of 100 subjects, compared to the original plate of 200 in two panes. 10,000 stamps were printed (100 impressions). 3,195 of the 1c were sold, by far the largest quantity of any denomination of the set. However, almost none would grade as highly as the example offered here, which is lightly hinged and with wide balanced margins all around. The remaining 6,805 were destroyed on July 16, 1884.
With 2009 P.S.E. certificate (OGph, Superb 98; SMQ $5,750.00). This is the highest grade awarded and ony two others share it.
