7043
HB-72, EP-162, S-43, Reed-BU24. Twenty Four Cents. F. BUHL & CO. Choice Extremely Fine.
Currency:USD
Category:Coins & Paper Money
Start Price:5,000.00 USD
Estimated At:NA
SOLD
6,000.00USD+ (1,200.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Mar 12 @ 18:50UTC-8 : PST/AKDT
Did you win this lot?
A full invoice should be emailed to the winner by the auctioneer within a day or two.
Lot: 7043
Header:
Title: HB-72, EP-162, S-43, Reed-BU24. Twenty Four Cents. F. BUHL & CO. Choice Extremely Fine.
Description: High Rarity-9 (1 of 2 Known) listed as Reed-BU24. This exceedingly rare Twenty-Four Cent “F. BUHL & CO.” Encased Postage Stamp is listed with only dashes in all grade valuations, in Fred Reed’s major reference book “Civil War Encased Stamps.” The only other known example was offered as part of the magnificent Frederick Mayer Collection sale, which was sold in September of 2007. The Mayer HB-72- was previously sold as part of Robert A. Siegel’s auction of May, 1982. At the time of that sale, Frederick Mayer firmly believed that his piece to be the only example known. He had excellent reason to believe in his conviction, as there was no example to be located in any prior collection. There were none offered in the celebrated John J. Ford, Jr., Arnold Perl, Dunham, Lilly or any other previous published sale. Leonard Glazer, cataloger of the Frederick Mayer collection, stated that that example was “Unique to our best knowledge.” This specimen is slightly better overall in quality than the Mayer example, which was graded Extremely Fine and we sold in March 2018 for $5,760
This current specimen has lovely, original golden-chestnut color on the virtually defect-free case. There is but one faint hairline scratch to the right obverse moon, with the rest of the case showing only slight friction, remaining sharp and distinct in every regard. The stamp retains its full rich, deep color and is perfectly centered under extremely clear, unbroken mica. It has overall choice eye appeal, even natural color and sharp appearance. A superior example with great eye appeal and the finest of only Two Known.
Low Estimate: 7000
High Estimate: 9000
Grading Company:
Gr:
Gr2:
Gr3:
CAC/OGH:
Pedigree/Collection:
Auction Location:
1550 Tiburon Blvd. Suite G201, Tiburon, California, 94920, United States
Previewing Details:
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Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20% |
Additional Fees:
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Please Mail PAYMENT to: Kagin's, Inc.
1550 Tiburon Blvd.#201,Tiburon,CA 94920
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www.kagins.com xv
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