Sale 913 — 2006 Rarities of the World

Sale Date — Saturday, 13 May, 2006

Category — Pan-American Issue

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
810
 
Sale 913, Lot 810, Pan-American Issue1c Pan-American, Center Inverted (294a). Deep rich colors, centered to bottom right, bold cork cancel leaves invert clearly visible

FINE APPEARING USED EXAMPLE OF THE ONE-CENT PAN-AMERICAN INVERT.

The 1c Pan-American Inverts were found in at least four different post offices around the country, soon after release of the issue in May 1901. According to the revised Johl-King book (p.7) "The first known copies of this error were discovered at Bessemer, Alabama, by the Carrell Jewelry Company on some circulars just prior to mailing them. When they realized the find they had made they lost no time in removing the stamps from the circulars and thus saved them to philately." Three covers are known with one each used from Bessemer Ala., Oakland Cal. and St. Louis Mo.

The 1c Pan-American Invert in used condition is considerably scarcer than unused. With the increased collector demand for 20th century stamps, especially in used condition, the price of a used 1c Pan-American Invert has surged ahead from $7,000 in 2001 to $12,000 in 2006.

With 2006 P.F. certificate

12,000
4,250