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The Dr. William A. Litle Collection of United States Encased Postage continued...

North American Life Insurance Co.
Lot Sym. Lot Description  
270   ImageNorth America Life Insurance Co., New York N.Y., 1c Blue, Plain Frame, "Insurance" in Curved Line (EP140). Stamp with bright color, case has warm golden brown color and part of original silvering on back at center, mica intact with minor lamination at upper right, Extremely Fine, ex Ford (Image)

Search for comparables at SiegelAuctions.com

 475.00

SOLD for $600.00
Will close during Public Auction
271   ImageNorth America Life Insurance Co., New York N.Y., 10c Green, Plain Frame, "Insurance" in Straight Line (EP143). Stamp with rich color, case is dark olive brown with hint of silvering along a few letters, intact mica with minor lamination at left visible only under cross-lighting, fresh and Extremely Fine, the Reed book estimates there are between five and ten of this Plain and Straight variety (the other varieties are exceedingly rare), ex Ford (Image)

Search for comparables at SiegelAuctions.com

 900.00

SOLD for $700.00
Will close during Public Auction
272   ImageNorth America Life Insurance Co., New York N.Y., 12c Black, Plain Frame, "Insurance" in Straight Line (EP144). Stamp with sharp impression, case is light golden brown with part of original silvering on back, intact mica with some slight lamination visible under cross-lighting

EXTREMELY FINE. THE 12-CENT NORTH AMERICA LIFE INSURANCE COMPANY WITH STRAIGHT LETTERING IS EXTREMELY RARE -- PERHAPS TWO OR THREE ARE KNOWN.

The North America Life Insurance Company, founded in 1862 by Nathan D. Morgan, was located in Manhattan's insurance district at 63 William Street. The firm thrived during the Civil War, but risky real estate investments and the Panic of 1873 brought the company down.

The 12c North America Life Insurance Co. encasement is exceedingly rare in either form (Plain and Straight, and Plain and Curved). Of the Plain and Straight variety, the Reed book rates it as R-9 with two to four known, and his notes state that only two are known. It has only appeared at auction seven times between 1891 and 1994. The only other example known to us was offered in the 2004 Stack's Ford sale (lot 581), and that encasement has an off-center stamp and mica described as "beat up." The example offered here might be the finest extant. Only one example of the Plain and Curved variety is reported (ex Ford, where described as "probably unique"). Therefore, it is likely that only three examples of this denomination are available.

Ex Mayer. (Image)

Search for comparables at SiegelAuctions.com

 2,500.00

SOLD for $2,600.00
Will close during Public Auction

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