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The Jay Hoffman Collection of United States Stamps continued...

Air Post
Lot Sym. Lot Description  
534 og 24c Carmine Rose & Blue, Center Inverted (C3a).> Position 24, rich colors on bright paper, fresh original gum, single hinge mark<><>^FRESH AND FINE. A RARE SOUND EXAMPLE OF THE 1918 24-CENT INVERTED JENNY ERROR.
WITHOUT QUESTION THIS IS THE MOST24c Carmine Rose & Blue, Center Inverted (C3a). Position 24, rich colors on bright paper, fresh original gum, single hinge mark

FRESH AND FINE. A RARE SOUND EXAMPLE OF THE 1918 24-CENT INVERTED "JENNY" ERROR. WITHOUT QUESTION THIS IS THE MOST FAMOUS STAMP IN AMERICAN PHILATELY.

According to Jenny by George Amick (Amos Press, 1986), the original sheet of 100 Inverted "Jenny" stamps was purchased for $24 by William T. Robey at the New York Avenue Branch Post Office window in Washington D.C., on May 14, 1918, one day after the stamp was first placed on sale at the main post office. On May 20, Robey sold his sheet for $15,000 to Eugene Klein, a Philadelphia stamp dealer. Klein had already arranged to sell the sheet to Col. Edward H. R. Green for $20,000. Colonel Green instructed Klein to divide the Inverted "Jenny" sheet into singles and blocks, and to sell all but a few key position blocks.

It is well-known among stamp specialists and professionals that examples of the Inverted "Jenny" come in different grades of freshness and condition. Many of the original 100 stamps were mistreated by collectors during the years, despite the stamps' rarity and value. Colonel Green himself allowed moisture to affect some of the stamps he retained. Other examples have become slightly toned from improper storage and climatic conditions. Hinge removal has caused thins and creases in numerous stamps, and a few have been "lost" to philately -- or nearly so, as in the case of the copy swept up in a vacuum cleaner.

Ex Frank B. Allen and Hewitt. With 1985 P.F. and 2005 P.S.E. certificates (Fine 70). The SMQ value in Fine 70 is $380,000.00, but it jumps to $650,000.00 in VF 80 (F-VF 75 is not priced). Based on recent market activity and the attractiveness of this sound example of the Inverted "Jenny", we think it will probably outperform its current SMQ value. (Image)

400,000.00

SOLD for $300,000.00
Will close during Public Auction
535 ogbl 24c Carmine Rose & Blue, 1918 Air Post, Grounded Plane Variety (C3 var).> Bottom selvage block of four, vignette shifted down exceeding the standard amount for classification as the Grounded Plane variety,
pristine gum described by the P.F. as previ24c Carmine Rose & Blue, 1918 Air Post, Grounded Plane Variety (C3 var). Bottom selvage block of four, vignette shifted down exceeding the standard amount for classification as the Grounded Plane variety, pristine gum described by the P.F. as "previously hinged", an opinion with which both the P.S.E. and we (vehemently) disagree, bright fresh colors on brilliant paper, bottom left stamp with small light internal wrinkle harshly described by the P.F. as a crease

EXTREMELY FINE GEM. A STUNNING BLOCK OF FOUR OF THE RARE GROUNDED PLANE VARIETY -- EXTRAORDINARY BOTH FOR ITS CONDITION AND THE EXTREME DOWNWARD SHIFT OF THE PLANE VIGNETTE.

The true Grounded Plane stamps, in which the wheels of the plane break thru the top of "Cents", come from portions of three sheets. The discovery sheet was owned and broken up by J. Klemann of Nassau Stamp Company. A second sheet was discovered in 1946 and sold in the Thomas A. Matthews sale (H.R. Harmer, Nov. 4, 1964), where it was purchased by Georges A. Medawar, publisher of Sanabria Airmail Catalogue. In Linn's Stamp News of April 21, 1986, specialist Joseph R. Kirker Jr. published his research revealing a third source of this variety.

Ex Saddleback. With 2003 P.F. and P.S.E. certificates (Image)

E. 20,000-30,000

SOLD for $62,500.00
Will close during Public Auction
536 nh 6c Orange, 1918 Air Post (C1).> Mint N.H., vibrant color as fresh as the day it was printed, well-balanced margins, fresh and Extremely Fine, with 2004 P.F. and 2006 P.S.E. certificates (XF 90 SMQ
$260.00)6c Orange, 1918 Air Post (C1). Mint N.H., vibrant color as fresh as the day it was printed, well-balanced margins, fresh and Extremely Fine, with 2004 P.F. and 2006 P.S.E. certificates (XF 90, SMQ $260.00) (Image) 125.00

SOLD for $225.00
Will close during Public Auction
537 nh 16c Green, 1918 Air Post (C2).> Mint N.H., rich color and proof-like impression, wide and balanced margins, Extremely Fine, with 2005 P.S.E. certificate (XF 90 SMQ $260.00)16c Green, 1918 Air Post (C2). Mint N.H., rich color and proof-like impression, wide and balanced margins, Extremely Fine, with 2005 P.S.E. certificate (XF 90, SMQ $260.00) (Image) 150.00

SOLD for $225.00
Will close during Public Auction
538 nh 24c Carmine Rose & Blue, 1918 Air Post (C3).> Mint N.H. with <part arrow at top,> bright colors, Jumbo margins, Extremely Fine, with 2001 P.S.E. certificate24c Carmine Rose & Blue, 1918 Air Post (C3). Mint N.H. with part arrow at top, bright colors, Jumbo margins, Extremely Fine, with 2001 P.S.E. certificate (Image) 150.00

SOLD for $200.00
Will close during Public Auction
539 nh 8c Dark Green, 1923 Air Post (C4).> Mint N.H., brilliant color, crisp impression, wide and balanced margins, Extremely Fine Gem, with 2006 P.S.E. certificate (XF-Superb 95 SMQ $225.00)8c Dark Green, 1923 Air Post (C4). Mint N.H., brilliant color, crisp impression, wide and balanced margins, Extremely Fine Gem, with 2006 P.S.E. certificate (XF-Superb 95, SMQ $225.00) (Image) 45.00

SOLD for $160.00
Will close during Public Auction
540 nh 16c Dark Blue, 1923 Air Post (C5).> Mint N.H., intense shade on bright paper, beautiful centering with wide margins, Extremely Fine Gem, with 2005 P.S.E. certificate (XF-Superb 95 SMQ $670.00)16c Dark Blue, 1923 Air Post (C5). Mint N.H., intense shade on bright paper, beautiful centering with wide margins, Extremely Fine Gem, with 2005 P.S.E. certificate (XF-Superb 95, SMQ $670.00) (Image) 150.00

SOLD for $475.00
Will close during Public Auction
541 nh 24c Carmine, 1923 Air Post (C6).> Mint N.H., brilliant color, beautiful centering, Extremely Fine Gem, with 2007 P.S.E. certificate (XF-Superb 95 SMQ $700.00)24c Carmine, 1923 Air Post (C6). Mint N.H., brilliant color, beautiful centering, Extremely Fine Gem, with 2007 P.S.E. certificate (XF-Superb 95, SMQ $700.00) (Image) 170.00

SOLD for $500.00
Will close during Public Auction
542 nh 65c Graf Zeppelin (C13).> Mint N.H., rich color, essentially perfectly centered, Extremely Fine Gem, with 2006 P.S.E. certificate (XF-Superb 95 SMQ $930.00)65c Graf Zeppelin (C13). Mint N.H., rich color, essentially perfectly centered, Extremely Fine Gem, with 2006 P.S.E. certificate (XF-Superb 95, SMQ $930.00) (Image) 425.00

SOLD for $750.00
Will close during Public Auction
543 nh $1.30 Graf Zeppelin (C14).> Mint N.H., bright color, beautiful centering with wide and balanced margins, Extremely Fine, a pretty stamp, with 2005 P.S.E. certificate (XF-Superb 95 SMQ $1,800.00)$1.30 Graf Zeppelin (C14). Mint N.H., bright color, beautiful centering with wide and balanced margins, Extremely Fine, a pretty stamp, with 2005 P.S.E. certificate (XF-Superb 95, SMQ $1,800.00) (Image) 900.00

SOLD for $1,200.00
Will close during Public Auction
544 nh $2.60 Graf Zeppelin (C15).> Mint N.H., perfectly centered with wide and balanced margins, brilliant color<><>^EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED EXAMPLE OF THE $2.60 GRAF ZEPPELIN ISSUE.^<><>With
2005 P.S.E. certificate (XF-Superb 95$2.60 Graf Zeppelin (C15). Mint N.H., perfectly centered with wide and balanced margins, brilliant color

EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED EXAMPLE OF THE $2.60 GRAF ZEPPELIN ISSUE.

With 2005 P.S.E. certificate (XF-Superb 95, SMQ $2,800.00) (Image)

1,275.00

SOLD for $2,000.00
Will close during Public Auction

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