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EXTREMELY FINE. THE 3-CENT WEIR & LARMINIE IS EXTREMELY RARE -- ONLY TWO ARE BELIEVED TO EXIST. A FASCINATING HISTORICAL ENCASEMENT.
The firm of Weir & Larminie was a private banking and specie broker in Montreal, Canada. William Weir, a Scottish immigrant, is a prominent figure in Canadian financial history. During the Civil War, Weir was the government official in charge of the U.S. silver coins brought into Canada to take advantage of the difference in the two country's specie exchange rates. According to numismatic historians, Weir's junior partner, G. H. Larminie, ordered the encased stamps during a trip to New York City. Since there was no need for coin substitutes in Canada, which was awash in silver U.S. coins, the order was apparently intended for promotional purposes. Surviving examples are extremely rare. Years after the war, Weir was involved in a banking scandal that resulted in his conviction.
Ex Ford and Mayer. The Ford sale catalogue (Stack's 6/23/2004, lot 628) notes "we know of only two of these. We have not seen a specimen offered in nearly two decades." The Hodder-Bowers book concurs with "only two 3c encasements have been traced" (Image)
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EXTREMELY FINE. A WONDERFUL EXAMPLE OF THE 10-CENT WEIR & LARMINIE ENCASED POSTAGE. THIS IS ONE OF THE FINEST OF THE 20 TO 30 EXAMPLES KNOWN.
Ex Lilly and Ford (Image)