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Sale 68: New York 2016

Table of Contents

British Columbia & Vancouver Island

Lot 587 ()   

Newfoundland, 1860, 1s Orange Vermilion, large well balanced margins all around, rich brilliant color which is unusual for this issue, Extremely Fine and choice, ex-Ferrary, Moody, Lilly, Cartier, Schneider ; with 1968 R.P.S. certificate. SG No. 15.
Scott No. 15    $35,000.

A GREAT BRITISH NORTH AMERICA RARITY - ONE OF THE FINEST MINT EXAMPLES OF THE 1860 1 SHILLING ORANGE VERMILION ISSUE IN EXISTENCE.

The unused one shilling orange-vermilion of Newfoundland (1,000 issued) is possibly the rarest classic imperforate stamp of British North America. A census compiled from a study of auction catalogs finds no unused multiples and only three satisfactory four margin copies with good color. These are:

1. ex-Dale-Lichtenstein (H.R. Harmer Nov 18-21, sale 1968, lot 654) three large margins with smaller margin at left. Later appeared in Dallas and Ballie collection where described as "clear to large margins, exceptional color, slight creasing, part O.G.", realizing $48,300 in 2006.
2. This example, first appearing as lot 579 at the 7th Ferrary sale of June 18-20, 1924, later appeared in the Moody, Lilly, Cartier and Schneider collections.
3.The four margin example in the Pratt sale (Harmers London October of 1986, lot 157) which later appeared in Harmer's N.Y. Gilbert sale on October 2004.

The Pratt book states "Most of the 1/ (orange-vermilion) stamps that have appeared on the market are dispirited looking and lacking good color." Two four-margin copies fitting that description have been seen. The second Dale-Lichtenstein copy (lot 55 in January 26, 1970 sale) was returned and reappeared in the clean-up sale of July 1, 1971 with an RPSL certificate stating "badly soiled and treated". This stamp was later sold (without certificate) in Christies Robson Lowe's Weill Bros. stock sale of November 22, 1987. A very similar four margin copy with the same weak color sold as lot 129 in Siegel's Clifford Cole sale of March 17, 1988 and later appeared as lot 314 in Spink-Shreve's November 19, 2009 William Gross sale. In both these sales the stamp was described as being of good color, but the color is much duller than examples 1-3 above.

Realized: $32,500

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