VERY FINE. THE UNIQUE SET OF LARGE DIE PROOFS ON WOVE PAPER OF THE PAN-AMERICAN ISSUE, WHICH WERE PRESENTED TO PRESIDENT FRANKLIN DELANO ROOSEVELT.
According to an article by Clarence Brazer, three sets were printed. One set -- each off card and with a blue control number on the face side -- is the so-called "Southgate" set, which was sold in our Sale 1040 (realized $24,000 hammer). Brazer notes that the other two sets -- including issues up to the 1933 Century of Progress -- were trimmed to small die proof size (about -3/16-inch margins) and mounted on loose leaf pages. One of these two sets was arranged in four albums and given to Franklin D. Roosevelt (the source of this Pan-American set). The other is said to have been presented to a friend and has not become available to philatelists. The margins on the set offered here are larger than noted by Brazer, who may have been mistaken as to the margin size.
Ex President Franklin D. Roosevelt and Price. Each with purple "Ex Roosevelt, Gimbels" backstamp. Unlisted in Scott