7058

HB-186, EP-87, S-138. Reed NO05. Five Cents. JOHN W. NORRIS, News - Books & Stationary, Chicago. Ext

Currency:USD Category:Coins & Paper Money Start Price:2,500.00 USD Estimated At:NA
HB-186, EP-87, S-138. Reed NO05. Five Cents. JOHN W. NORRIS, News - Books & Stationary, Chicago. Ext
SOLD
2,900.00USD+ (580.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Mar 12 @ 19:03UTC-8 : PST/AKDT

Lot: 7058
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Title: HB-186, EP-87, S-138. Reed NO05. Five Cents. JOHN W. NORRIS, News - Books & Stationary, Chicago. Extremely Fine.
Description: Rated as Rarity-9 (2 to 4 known) according to Fred Reed. This Five Cents denomination "John W. Norris" is a great rarity, listed for value with only dashes in “The Standard Catalogue” reference by Michael Hodder and Q. David Bowers, and similarly in the Fred Reed reference. The rich brown Thomas Jefferson stamp is very well centered, and viewed through clear solid unbroken mica having traces of light circulation. The case is natural olive-chestnut in color. The obverse rim appears to have a light horizontal bend on the lower reverse, just above the word MADISON of this merchant’s address as shown. The reverse legends appear sharply detailed, clear and defect-free. There are a few scattered hairlines in the fields with natural color exhibiting traces of underlying luster. An example of EP-87 was sold in an EAHA Auction of July 14, 2012, Lot #101718 graded About New, selling for $6,490, and our Michigan Collection March 2018 Lot 2320 XF specimen realized $2160 This current example is very pleasing, a “Key” merchant type lacking in virtually all Encased Postage Stamp collections.
Low Estimate: 3000
High Estimate: 4000
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