7051

HB-138, EP-168, S-99a, Reed-JG24RB. Twenty-Four Cents. J. GAULT. RIBBED FRAME Type. Choice Extremely

Currency:USD Category:Coins & Paper Money Start Price:3,500.00 USD Estimated At:NA
HB-138, EP-168, S-99a, Reed-JG24RB. Twenty-Four Cents. J. GAULT. RIBBED FRAME Type. Choice Extremely
SOLD
4,200.00USD+ (840.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Mar 12 @ 18:57UTC-8 : PST/AKDT

Lot: 7051
Header:
Title: HB-138, EP-168, S-99a, Reed-JG24RB. Twenty-Four Cents. J. GAULT. RIBBED FRAME Type. Choice Extremely Fine.
Description: Rated as Rarity-9 (2 to 4 Known) according to Fred Reed. In Reed’s reference work, “Civil War Encased Stamps,” he states “2 known”. Later research has shown that there are at least four. . We note that there were two examples in the Stack's John J. Ford, Jr. Collection Sale of June 2004, plus two examples in the Frederick Mayer Collection. We sold an Extremely Fine specimen from the Ford Collection in March 2018 Lot 2287 for $3360.

Overall, this example is extremely pleasing and of high quality. The rich, original George Washington stamp is centered just a bit to the right, seen under clear unbroken natural mica. The case is a lovely original light golden-chestnut in color, with a slightly lighter area near the center. The frame Ribbing on the front side of the case is extremely sharp and distinct with it being well pronounced. This current example is the finer and higher quality of the two examples from the Mayer Collection.

Low Estimate: 3750
High Estimate: 4500
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