Lot
2260 
1923, 2¢ carmine, top margin plate block of 6 with 6-point star, o.g., never hinged, rich color, bright and fresh, F.-V.F., a scarce plate. Scott No. 554 $1,850.
Lot 2261 o
1922, 11¢ greenish blue, purple 1927 Parcel Post town cancel, large even margins and precision centering, rich radiant color, a Superb gem, an extraordinary used gem bearing a complimentary color cancellation; with 2016 P.F. Graded certificate (XF-S 95).Scott No. 563 $1.
Realized: $210
Lot 2262 o
1923, 14¢ blue, bottom margin plate number single, oval cancels, perfect centering with evenly balanced boardwalk margin, intensely rich color, a Superb jumbo gem; with 2017 P.S.A.G. Graded certificate (100J, SSV $275 for only 98).Scott No. 565 $1.
A TRULY PHENOMENAL USED EXAMPLE OF THE 1923 14¢ AMERICAN INDIAN ISSUE.
Realized: $250
Lot
2263
1923, $5 carmine & blue, o.g., never hinged, precision centering amid large evenly balanced margins, rich radiant colors, Superb, a pristine gem high value; with 2008 P.S.A.G. Graded certificate (Superb 98, SMQ $1,150). Scott No. 573 $190.
Realized: $550
Lot
2264 ()
1923, 1¢ green, rotary coil waste, strong bold color, centered to right with perfs just shaving frameline, tiny natural perf disc impression at bottom, Fine, Scott catalog value for perforation just touching frameline on one side; with 1953 and 2013 P.F. certificates. Scott No. 594 $35,000 for no gum.
AN ATTRACTIVE UNUSED EXAMPLE OF THE 1923, 1¢ PERF 11 ROTARY COIL WASTE.
The coil waste issues came about from the unusable portions (or waste) the derived when producing coils from the horizontal rotary printings. In the case of the 1923 1¢ coil waste (594) the waste had not been previously perforated and therefore were entirely perforated with the flat plate perforator which gauged 11x11. Since the Bureau did not consider this "coil waste" a different issue, no formal announcement was issues prior to their release. It wasn't until 1925 that this issue was discovered in used condition and by the next year only four examples were on record.
Realized: $10,000
Lot 2265 o
1923, 1¢ green, rotary sheet waste, "Kansas City, Mo." Bureau precancel, rich color, faint vertical crease at left, still Fine; with 1967 and 2008 P.F. certificates.Scott No. 596 $100,000 for the grade of fine.
AN ATTRACTIVE EXAMPLE OF THE 1923 1¢ ROTARY SHEET WASTE PERF 11 (SCOTT 596) ISSUE - A GREAT 20TH CENTURY RARITY WITH ONLY FIFTEEN EXAMPLES RECORDED.
This is without question the rarest United States issue of the 20th century. It was probably produced during the middle of 1924 however it was only discovered in 1962. This issue was the result of "coil waste" but rather than made from horizontal coil sheets, such as Scott #578-579 and #594-595, this issue was made from vertical coil waste sheets. The difference being in the measurement of the design as the horizontal coil design is wider since the plates have been stretched by curving them in that direction in order to fit the cylinder on the rotary press. In the same fashion, the vertical coil plates were curved in the vertical direction causing the design to stretch vertically.
To date, the Siegel census now contains fifteen examples of this issue of which about half are deemed faulty.
Realized: $120,000