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United States Stamps continued...

Columbian Issue (Scott 230-245) continued...
Lot Sym. Lot Description  
2507 ogbl 15c Columbian (238).> Block of four, original gum, lightly hinged, Fine-Very Fine15c Columbian (238). Block of four, original gum, lightly hinged, Fine-Very Fine (Image)

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 1,050.00

SOLD for $550.00
Will close during Public Auction
2508 nh 30c Columbian (239).> Mint N.H., rich color, beautiful impression showing every detailed line of this marvelous engraving, mathematically perfect centering with wide margins on all four sides<><>^EXTREMELY FINE GEM. THIS MAGNIFICENT MINT NEVER-HING30c Columbian (239). Mint N.H., rich color, beautiful impression showing every detailed line of this marvelous engraving, mathematically perfect centering with wide margins on all four sides

EXTREMELY FINE GEM. THIS MAGNIFICENT MINT NEVER-HINGED EXAMPLE OF THE 30-CENT COLUMBIAN ISSUE HAS BEEN AWARDED THE GRADE OF GEM 100 BY P.S.E. -- THIS IS THE HIGHEST GRADE AWARDED TO DATE, AND THIS STAMP IS THE ONLY EXAMPLE TO ACHIEVE THIS PERFECT GRADE. IT IS A KEY TO A SET OF HIGH-GRADE COLUMBIANS, WHICH IS ONE OF THE MOST POPULAR ISSUES IN UNITED STATES PHILATELY.

The scene depicted on the 30c is based on the story that Columbus stopped at the convent at Santa Maria de La Rabida on his way to France after being rejected at the Spanish Court. The friar of the convent, after hearing his plan, persuaded him to stay. While at the convent he gained support from some of the more important people in the neighborhood and, his faith renewed, decided to apply for aid from the Spanish court once again, where he was successful. This marked a turning-point in his struggles for financial backing.

Regarding this extraordinary example of the 30c Columbian, a relevant commentary was recently published in Stamp Market Quarterly (July-Sep. 2008) by master grader William A. Litle. Reflecting on the 2c Columbian Mint N.H. 100 sold in our 2008 Rarities sale for $16,675, he wrote: The 100 Mint N.H. Scott No. 231 is the only one with this ultimate grade. In fact, to date, only four other Columbians have received a 100 grade [Editor's note: now six in total]. At $16,675 the 2c Columbian brought a tidy 290 times Scott Catalog! What would a 100 N.H. $5 Columbian be worth in today’s market? Oh heck--I’d settle for finding a 100 N.H. $4 Columbian.”

We can try to answer Dr. Litle’s rhetorical question. Auction realizations for 19th century and early 20th century commemoratives in 100 N.H. grade have been averaging 12-15 times SMQ for 95 N.H. and 5 times SMQ for 98 N.H. The multiples seem to be higher when only one or two have reached a Perfect 100 grade. So, to answer Dr. Litle, based on the available sales data, a $5.00 Columbian 100 N.H. would probably realize in excess of one million dollars, and even the $4.00 would approach the million-dollar mark. Now, we’re not saying this is a sure thing, but that is what the numbers indicate.

The highest grade we currently have for either the $4.00 or $5.00 Columbian in N.H. condition is 95. So, as of now there is no stamp to test the market. The highest Columbian value in 100 N.H. grade is the 50c (one reported). The second highest value to achieve a Perfect 100 is the 30c offered here, which is the only Mint N.H. example to reach 100.

With 2008 P.S.E. certificate (Gem 100, unpriced in SMQ above the grade of 98, SMQ $24,500.00 as 98). The Columbian denominations to achieve the grade of Mint N.H. Gem 100 are: 2c (one 100) 4c (100 and 100J, see lot 2491), 8c (100J), 30c (100) and 50c (100). Aside from these five denominations, represented by six stamps, no other Columbian has been awarded the perfect grade of Gem 100. (Image)

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 900.00

SOLD for $105,000.00
Will close during Public Auction
2509 nh 30c Columbian (239).> Mint N.H., deep rich color and proof-like impression on post-office fresh paper, beautiful centering with balanced margins<><>^EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED EXAMPLE OF THE 30-CENT COLUMBIAN ISSUE, WHICH HAS BE30c Columbian (239). Mint N.H., deep rich color and proof-like impression on post-office fresh paper, beautiful centering with balanced margins

EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED EXAMPLE OF THE 30-CENT COLUMBIAN ISSUE, WHICH HAS BEEN GRADED XF-SUPERB 95 BY P.S.E.

With 2008 P.S.E. certificate (XF-Superb 95, SMQ $7,600.00) (Image)

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 900.00

SOLD for $4,250.00
Will close during Public Auction
2510 og 30c Columbian (239).> Original gum, unusually wide Jumbo margins, rich color and detailed impression, Extremely Fine, with 2008 P.S.E. certificate (XF 90 Jumbo SMQ $510.00 as 90, $880.00 as 95)30c Columbian (239). Original gum, unusually wide Jumbo margins, rich color and detailed impression, Extremely Fine, with 2008 P.S.E. certificate (XF 90 Jumbo, SMQ $510.00 as 90, $880.00 as 95) (Image)

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 300.00

SOLD for $475.00
Will close during Public Auction
2511 og 30c Columbian (239).> Original gum, well-centered with extra wide margins, bright color, Extremely Fine, with 2008 P.S.E. certificate (XF 90 SMQ $510.00)30c Columbian (239). Original gum, well-centered with extra wide margins, bright color, Extremely Fine, with 2008 P.S.E. certificate (XF 90, SMQ $510.00) (Image)

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 300.00

SOLD for $425.00
Will close during Public Auction
2512 og 30c Columbian (239).> Original gum, faintly hinged if at all, gorgeous balanced margins, excellent color on crisp white paper, Extremely Fine, a beauty30c Columbian (239). Original gum, faintly hinged if at all, gorgeous balanced margins, excellent color on crisp white paper, Extremely Fine, a beauty (Image)

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 300.00

SOLD for $650.00
Will close during Public Auction
2513 ogbl 30c Columbian (239).> Block of four, slightly disturbed original gum, minor gum toning on one, otherwise Fine-Very Fine30c Columbian (239). Block of four, slightly disturbed original gum, minor gum toning on one, otherwise Fine-Very Fine (Image)

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 1,250.00

SOLD for $550.00
Will close during Public Auction
2514 og 50c Columbian (240).> Original gum, nearly perfect centering, Very Fine and choice, with 2008 P.S.E. certificate (VF-XF 85 SMQ $780.00)50c Columbian (240). Original gum, nearly perfect centering, Very Fine and choice, with 2008 P.S.E. certificate (VF-XF 85, SMQ $780.00) (Image)

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 600.00

SOLD for $500.00
Will close during Public Auction
2515   $1.00 Columbian (241).> Radiant color on bright paper, well-struck Baltimore duplex cancel, tiny natural inclusion, fresh and Very Fine$1.00 Columbian (241). Radiant color on bright paper, well-struck Baltimore duplex cancel, tiny natural inclusion, fresh and Very Fine (Image)

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 650.00

SOLD for $325.00
Will close during Public Auction
2516   $1.00 Columbian (241).> Nicely centered, New York oval registry cancel, Very Fine, with 2008 P.S.E. certificate$1.00 Columbian (241). Nicely centered, New York oval registry cancel, Very Fine, with 2008 P.S.E. certificate (Image)

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 650.00

SOLD for $325.00
Will close during Public Auction
2517   $1.00 Columbian (241).> Bright shade, bold strike of 5 duplex cancel, Very Fine, with 1994 A.P.S. certificate$1.00 Columbian (241). Bright shade, bold strike of "5" duplex cancel, Very Fine, with 1994 A.P.S. certificate (Image)

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 650.00

SOLD for $275.00
Will close during Public Auction

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