United States Stamps continued...

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EXTREMELY FINE GEM. THE 2-CENT PANAMA-PACIFIC IN THE LAKE SHADE IS EXCEEDINGLY RARE IN ANY CONDITION -- THE STAMP OFFERED HERE, WHICH IS GRADED SUPERB 98 BY BOTH P.S.E. AND THE P.F., IS PROBABLY THE FINEST IN EXISTENCE.

According to Johl, "there is one shade that is practically as scarce as the four-cent Blue of the Columbian issue, this is known as Lake, almost the same color as were the Postage Due stamps current at that time. Only one pane of 70 is said to have been found at a Post Office in San Francisco, although it hardly seems possible that but one sheet could have been printed in this dark color. When these were discovered there were only 40 copies left; 31 were purchased by A. L. Ott, an old-time collector, and 9 by a local dealer."

With 2006 P.F. and 2005 P.S.E. certificates (both graded OGph, Superb 98; SMQ $16,500.00). This is by far the highest graded example in the P.S.E. Population Report. Only three are graded in total -- one other hinged at F-VF 75 and one Mint N.H. at F 70. The centering and lightly hinged gum on this stamp puts it in a class by itself (Image)

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FINE APPEARANCE. AN EXTREMELY RARE USED EXAMPLE OF THE 2-CENT PANAMA-PACIFIC IN THE RARE LAKE SHADE. THIS MAY BE THE ONLY KNOWN EXAMPLE.

According to Johl, "there is one shade that is practically as scarce as the four-cent Blue of the Columbian issue, this is known as Lake, almost the same color as were the Postage Due stamps current at that time. Only one pane of 70 is said to have been found at a Post Office in San Francisco, although it hardly seems possible that but one sheet could have been printed in this dark color. When these were discovered there were only 40 copies left; 31 were purchased by A.L., an old-time collector, and 9 by a local dealer."

This is the first used example we have offered since keeping computerized records and we are aware of no others. The online records at The Philatelic Foundation contain no used examples.

With 2009 A.P.S. certificate. (Image)

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EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED EXAMPLE OF THE 5-CENT PERF 12 PANAMA-PACIFIC ISSUE, WHICH IS GRADED SUPERB 98 JUMBO BY P.S.E. A REMARKABLE STAMP IN EVERY RESPECT.

With 1994 and 2004 P.F. and 2008 P.S.E. certificates (Superb 98 Jumbo; SMQ $1,750.00). Only one example has graded higher (at 100J) and only three others share this grade. This is the highest grade we have ever offered in one of our auctions. (Image)

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EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED EXAMPLE OF THE 10-CENT ORANGE YELLOW PERF 12 PANAMA-PACIFIC ISSUE.

With 2008 P.S.E. certificate (Superb 98; SMQ $2,650.00). Only five have graded higher (all at 98J) (Image)

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EXTREMELY FINE GEM. THIS GORGEOUS MINT NEVER-HINGED EXAMPLE OF THE 10-CENT ORANGE PERF 12 PANAMA-PACIFIC ISSUE IS AWARDED THE PERFECT GRADE OF GEM 100 BY P.S.E.

With 2008 P.S.E. certificate (Gem 100; SMQ $5,850.00). This is the only example to achieve this grade and only one has graded higher (at 100J). The highest grade we have previously offered in one of our auctions is a 98 (Image)

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