7057
HB-184, EP-23, S-136, Reed-NO01. One Cent Stamp. JOHN W. NORRIS. Chicago, IL. Choice Extremely Fine.
Currency:USD
Category:Coins & Paper Money
Start Price:3,000.00 USD
Estimated At:NA
SOLD
2,400.00USD+ buyer's premium (480.00)
This item SOLD at 2021 Mar 17 @ 16:31UTC-8 : PST/AKDT
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A full invoice should be emailed to the winner by the auctioneer within a day or two.
Lot: 7057
Header:
Title: HB-184, EP-23, S-136, Reed-NO01. One Cent Stamp. JOHN W. NORRIS. Chicago, IL. Choice Extremely Fine.
Description: Rated as Rarity-8 (5 to 10 known) according to Fred Reed. Q. David Bowers stated in “The Standard Catalogue” that fewer than six examples are known. This specimen is certainly among the very Finest Known. The bright blue Benjamin Franklin stamp is quite attractive, centered but just a bit to the left. It is seen under clean, crystal clear mica which has a tiny natural dark spot within at the bottom rim edge. The case is a natural chestnut in color with some scattered bits of deeper tone and verdigris on the reverse under the very sharply defined legends. An important Encased Postage Stamp merchant type missing in virtually all collections.
We know of only four specimens including an Early American History Auction of February 10, 2001 graded Choice Extremely Fine, which sold for $6,900, a February 10, 2007, Early American History Auction Lot 779, which also graded Choice Extremely Fine, sold for $5,310. The Stack’s auction of the John J. Ford, Jr. Collection of June 2004 included only one example which was graded Choice Extremely Fine with a comment that the stamp was faded and soiled, which sold for $4,025, and another Extremely Fine specimen we sold in our Michigan collection sale of MArch 2018 for $3240. The current specimen has extremely sharp text and has very minor actual signs of any wear. It appears to rank as one of the very few Finest Known.
Low Estimate: 3500
High Estimate: 4500
Grading Company:
Gr:
Gr2:
Gr3:
CAC/OGH:
Pedigree/Collection:
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Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20% |
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