Lot 1387 oSt. Louis, Mo., 1846, 5¢ black on gray lilac, type III, position 5, pen and small portion of red town cancel at lower right corner, full even margins to in at left, about Fine; with 2007 P.F. certificate.
Scott No. 11X4 $55,000.
A RARE EXAMPLE OF THE 5¢ ST. LOUIS POSTMASTERS' PROVISIONAL ON GRAY LILAC PAPER.
The St. Louis Bears were printed from a copper plate of six subjects in two vertical rows of three. Initially it produced the 5¢ stamps in the left vertical row and 10¢ stamps in the right row. In 1846 the Postmaster decided that a 20¢ denomination was needed and had the two top left subjects altered to replace the "5"s with "20"s and printed these new stamps on gray lilac. The removal of all but one 5¢ value from the plate and the limited printing on this paper type accounts for rarity of this issue.