The James Depew Collection of Superb U.S. Coils and 20th Century Imperforate Issues continued...

VERY FINE AND CHOICE. AN INCREDIBLY RARE MINT NEVER-HINGED GUIDE LINE PAIR OF THE 1910 ONE-CENT HORIZONTAL COIL, SCOTT 387.

The One-Cent Perf 12 horizontal coil with single-line watermark is a true rarity as a guide line pair in Mint N.H. condition. A review using Power Search revealed that this is the first example we have offered since 2003 (a certified example offered in our 2011 sale of the Laehder collection subsequently received a negative certificate).

With 1981 P.F. and 2017 P.S.E. certificates (VF 80; SMQ $2,500.00). Collectors waiting for a superb Mint N.H. guide line pair of this issue may be in for a long wait. The P.S.E. Population Report lists only this example plus one other at the VF 80 grade, with none higher. We have not offered any ungraded candidates in our auctions that might surpass this guide line pair (Image)

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EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED PAIR OF THE ONE-CENT 1910 HORIZONTAL COIL, SCOTT 387, GRADED XF-SUPERB 95 BY P.S.E.

With 2005 P.S.E. certificate (XF-Superb 95; SMQ $5,500.00). Only one example grades higher (at 98) and no others share this grade. The P.S.E. Population Report lists a pair graded 95J, but its gum now has a slight disturbance and is no longer Mint N.H. -- it should be removed from the population statistics (Image)

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EXTREMELY FINE GEM MINT NEVER-HINGED EXAMPLE OF THE ONE-CENT 1910 HORIZONTAL COIL, SCOTT 387, GRADED SUPERB 98 BY P.S.E. THIS IS THE HIGHEST GRADE AWARDED.

With 2016 P.S.E. certificate (Superb 98; unpriced in SMQ above the grade of 95J, SMQ $3,750.00 as 95J). This is the highest grade awarded to an unused Scott 387 in any gum condition or format. No other singles have matched this grade (one Mint N.H. pair grades 98) (Image)

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EXTREMELY FINE GEM. A SPECTACULAR USED GUIDE LINE PAIR OF THE 1910 ONE-CENT SINGLE-LINE WATERMARK HORIZONTAL COIL, SCOTT 387, IN THE FINEST ATTAINABLE CONDITION.

According to Johl this was issued on the same day as the vertical coil, Scott 385, and was current for less than two months. Used examples are scarce in any format. This superb used guide line pair is the finest known.

With 2009 Weiss and 2010 P.S.E. certificates (XF-Superb 95; SMQ $7,000.00). This is by far the highest grade awarded; the next highest is the VF 80 guide line pair from our 2015 sale of the Bowman collection. (Image)

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FINE-VERY FINE GUIDE LINE PAIR OF THE 1910 2-CENT PERF 12 SINGLE-LINE WATERMARK HORIZONTAL COIL, SCOTT 388.

This 2c coil was in production for only a short period of time before being superseded by the Perf 8-1/2 issue. Due to the greater popularity of the horizontal coils with users, combined with a wary attitude by many collectors that early coils were simply trimmed stamps, many were used and few preserved.

With 1978 P.F. and 2004 P.S.E. certificates (Image)

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EXTREMELY FINE GEM. A MAGNIFICENT ORIGINAL-GUM PAIR OF THE SCARCE 1910 2-CENT HORIZONTAL COIL, SCOTT 388, GRADED XF-SUPERB 95 BY P.S.E. THIS IS THE HIGHEST GRADE AWARDED.

This 2c coil was in production for only a short period of time before being superseded by the Perf 8-1/2 issue. Due to the greater popularity of the horizontal coils with users, combined with a wary attitude by many collectors that early coils were simply trimmed stamps, most were used and few preserved.

With 1970, 1988 P.F. and 2008 P.S.E. certificates (OGph, XF-Superb 95; unpriced in SMQ above the grade of 90, SMQ $13,000.00 for 90). This is the highest grade awarded to any Scott 388 pair. It is shared by only a single guide line pair; no other regular pairs grade higher than 85. (Image)

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FINE AND RARE MINT NEVER-HINGED PAIR OF THE 1910 2-CENT PERF 12 SINGLE-LINE WATERMARK HORIZONTAL COIL, SCOTT 388.

This 2c coil was in production for only a short period of time before being superseded by the Perf 8-1/2 issue. Due to the greater popularity of the horizontal coils with users, combined with a wary attitude by many collectors that early coils were simply trimmed stamps, many were used and few preserved.

With 2002 P.F. and 2015 P.S.E. certificates (F 70; SMQ $3,650.00). This is the only graded Mint N.H. pair of Scott 388 in the P.S.E. Population Report (Image)

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EXTREMELY FINE GEM. AN ASTONISHING MINT NEVER-HINGED EXAMPLE OF THE RARE 1910 2-CENT HORIZONTAL COIL, SCOTT 388. THIS STAMP IS GRADED SUPERB 98 BY P.S.E.

This 2c coil was in production for only a short period of time before being superseded by the Perf 8-1/2 issue. Due to the greater popularity of the horizontal coils with users, combined with a wary attitude by many collectors that early coils were simply trimmed stamps, many were used and few preserved.

Of the Scott 388 stamps listed in the P.S.E. Population Report, only three Mint N.H. examples grade above 70. There is one 95 (ex "Alan"), this 98 (ex Merlin) and one 98J (ex Merlin).

With 2003 P.F. and 2007 P.S.E. certificates (Superb 98; SMQ $32,500.00). This is the only example to achieve this grade and only one has graded higher (at 98J) (Image)

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VERY FINE EXAMPLE OF THE RARE 3-CENT ORANGEBURG COIL.

The Orangeburg coil was made by the Post Office Department in 1911, specifically for use by the Bell Pharmaceutical Company. The 3c coil stamps were used to send samples of their products to physicians. Due to the quantity of mail, they were put through the first-class cancelling machine at Orangeburg, New York. The Orangeburg coil stamps' use on third-class mail, and the fact that philatelists were generally unaware of their production accounts for their rarity. Many of the existing examples are faulty to some extent. The most common defects are creases or tears.

With 1981 A.P.S., 2012 P.F. and 2013 P.S.E. certificates (F-VF 75; SMQ $10,000.00) (Image)

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