Lot
1291 
1847, 5¢ red brown, horizontal pair, four margins, strong color on deeply blued paper, tied by red circular grids on blue 1851 folded cover from the Whelan correspondence to Philadelphia Pa., matching "Saint Louis Mo. '10' Jul 1" integral cds, Extremely Fine; with 1990 P.F. certificate. Scott No. 1 Estimate $7,500 - 10,000.
ONE OF ONLY TWO RECORDED 1847 ISSUE COVERS USED ON JULY 1ST, 1851, THE FIRST DAY OF DEMONETIZATION.
This was the first day on which the 1847 issue stamps were no longer valid for the payment of postage, according to the demonetization of June 11, 1851. The other July 1st, 1851 cover was used from New York City.
Realized: $9,500