7039

HB-45, EP-36, S-22, Reed BC03. Three Cents. BAILEY & CO., Jewellers, Chestnut St., Philadelphia, Cho

Currency:USD Category:Coins & Paper Money Start Price:1,500.00 USD Estimated At:NA
HB-45, EP-36, S-22, Reed BC03. Three Cents. BAILEY & CO., Jewellers, Chestnut St., Philadelphia, Cho
SOLD
1,500.00USD+ (300.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Mar 12 @ 18:47UTC-8 : PST/AKDT

Lot: 7039
Header:
Title: HB-45, EP-36, S-22, Reed BC03. Three Cents. BAILEY & CO., Jewellers, Chestnut St., Philadelphia, Choice About Uncirculated.
Description: Rated as Rarity-8 (5 to 10 known) according to Fred Reed. This example ranks among the finest known. The rich red 3¢ George Washington stamp is well centered slightly to the top, having faint underlying tone seen through pristine clear and unbroken mica. The case shows virtually no circulation. There appears to be a light manufacturing bruise to the obverse inner rim likely as made. The brass frame and back are attractive natural golden-chestnut in color with smooth surfaces and sharp legends. We are aware of an Early American History Auction, Choice Unc. specimen which sold for $3,245 July 14, 2012, lot 17, and an Extremely Fine specimen from the Mayer Collection was sold March of 2018 for $1640. An important rarity missing in most Encased Postage Stamp collections.
Low Estimate: 1500
High Estimate: 2500
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