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Sale 83: Gems of Philately

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1923 -1979 Issues

Lots 288-294

Lot 288    

1923, 1¢ green, rotary coil waste, part o.g., strong color and impression, natural s.e. at top, thinned, Fine appearance; with 2010 P.S.E. certificate.
Scott No. 594    $65,000.

AN EXTREMELY RARE ORIGINAL-GUM EXAMPLE OF THE 1¢ ROTARY PERF 11 ISSUE, ONE OF THE RAREST 20TH CENTURY STAMPS IN UNUSED CONDITION.

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: $23,000

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Lot 289    

1923, 2¢ carmine, rotary coil waste, o.g., never hinged, wide well balanced margins and choice centering especially for this difficult issue, rich deep color and Post Office fresh, Extremely Fine to Superb, rarely encountered in such exceptional condition, with only three examples graded higher; with 2003 P.S.E. certificate Graded (XF-Sup 95, SMQ $2,300).
Scott No. 595    $450.

Realized: $1,600

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Lot 290    

1928, 2¢ carmine, rotary, type II, corner margin plate number "19747" single, o.g., never hinged, choice centering amid uncommonly wide margins, intensely rich color and pristine freshness, an Extremely Fine gem, a wonderful gem plate number single; with 1996 P.F. certificate.
Scott No. 634A    $600.

Realized: $450

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Lot 291    

1929, Kans.-Nebr., 1¢ to 10¢ complete, complete set of both, each cancelled by double-oval on legal-size Registered Special Delivery First Day cover from Washington D.C. to local address, reverse with two purple "Washington D.C., Reg. Sec., May 1, 1929" cds strikes and "Washington D.C., Special Del., May 1, 1929" duplex, matching purple "Registered" and "Special Delivery" straightlines, fresh and Very Fine and rare; with 1993 P.F. certificate.
Scott No. 658-679    $5,000.

A GREAT FIRST DAY COVER RARITY. ONE OF ONLY TWO RECORDED COMPLETE SETS OF THE KANSAS-NEBRASKA ISSUE ON ONE FIRST DAY COVER.

Under valued by Scott. This cover was last sold at auction in November 13, 2004 (Sale 282, lot 1086) for $11,550 against a Scott value of $4,000.

Realized: $5,750

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Lot 292    

1938, $5 Presidential, red brown & black shade, left margin single, o.g., never hinged, well centered amid wide margins, rich and true distinct red brown color, Extremely Fine, a choice example of this rare color variety; with 1999 P.F. certificate.
Scott No. 834a    $3,000.

Realized: $2,100

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Lot 293    

1979, $1 Lamp, brown (candle flame) inverted, o.g., never hinged, fresh and well centered, Extremely Fine and choice, rare with only about 95 examples accounted for from the only known pane issued; with 2010 P.F. certificate.
Scott No. 1610c    $17,500.

Known as the "CIA" invert, the known pane of 100 was sold by the McLean, Virginia post office in the spring of 1986 an employee of the CIA who had been sent to the post office to buy stamps for the agency. The inverted error was discovered shortly after and nine CIA employees decided to switch the errors for newly purchased normal issues. The story of what happen eventually was leaked and a scandal eventually ensued with four employees being fired.

Realized: $11,500

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Lot 294    

1979, 15¢ John Paul Jones, perf 12, choice centering, rich colors on bright paper, o.g., never hinged, Extremely Fine and rare mint never hinged example of the Perf 12 John Paul Jones Issue.
Scott No. 1789B    $3,000.

This issue was printed by the American Bank Note Company and perforated in three different formats: Perf 11 x 12, Perf 11 All Around and Perf 12 All Around. It is believed that the USPS was unaware that there were different perforations. The Perf 12 All Around is by far the rarest.

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Lots 288-294

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