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Rare Ribbed Frame Drake's Five Cents Drake's Plantation Bitters. 5 Cents, Ribbed Frame. HB-103, EP-7

Currency:USD Category:Coins & Paper Money Start Price:1,500.00 USD Estimated At:2,500.00 USD
Rare Ribbed Frame Drake's Five Cents Drake's Plantation Bitters. 5 Cents, Ribbed Frame. HB-103, EP-7
SOLD
2,200.00USDto m*********e+ buyer's premium (440.00)
This item SOLD at 2018 Mar 09 @ 20:11UTC-6 : CST/MDT
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Rare Ribbed Frame Drake's Five Cents Drake's Plantation Bitters. 5 Cents, Ribbed Frame. HB-103, EP-75, S-72a. About Uncirculated. A stunning rarity in this significant collection of Encased Postage Stamps. The ribbed frame Five Cent Drake's piece is generally regarded with a census of three pieces. The current example was within both the Ford and Mayer collections with the most recent realization from the later holding when it brought $3,320 in 2007. Bold ribbing on the frame is detected and nice color of the case heightens the appeal. Just some minor crazing of the mica at the bottom and a stamp that is bold and highly detailed. A significant offering of this rare variety and one with an illustrious pedigree.
Ex. John J. Ford Jr. Collection, Part IV, Lot 468. 2004; Ex. Frederick R. Mayer Collection, Lot 12783. 2007.