7050

HB-136, EP-149,S-98a, Reed-12RB. Twelve Cents Stamp. J. GAULT. “Ribbed Frame” Type. Extremely Fine.

Currency:USD Category:Coins & Paper Money Start Price:2,500.00 USD Estimated At:NA
HB-136, EP-149,S-98a, Reed-12RB. Twelve Cents Stamp. J. GAULT. “Ribbed Frame” Type. Extremely Fine.
SOLD
4,400.00USD+ (880.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Mar 12 @ 18:55UTC-8 : PST/AKDT

Lot: 7050
Header:
Title: HB-136, EP-149,S-98a, Reed-12RB. Twelve Cents Stamp. J. GAULT. “Ribbed Frame” Type. Extremely Fine.
Description: Rated as Rarity-9 (2 to 4 known) according to Fred Reed. In his value listing, Fred Reed comments, “2-4 known”. This remarkable example is one of only two actually known to this cataloger. The deep, bold black George Washington stamp is extremely well centered. Under the mica it has a few faint natural internal laminations and remains exceptionally nice and clear. The case is perfectly sealed, having only very faint light circulation. Natural light golden-chestnut in color with a smooth reflective appearance. Distinct “Ribbing” on the obverse Frame. This variety was not even offered in our comprehensive Michigan Collection offering in March 2018.
Ex: Stack's John J. Ford, Jr. Collection Sale, June 2004, Lot 505, the sole “Ribbed Frame” 12¢ John Gault, where they commented: “Extremely Rare: it is likely that fewer than five of these survive.” A “Key” rarity.


Low Estimate: 5000
High Estimate: 6000
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