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The Nick Kirke Collection of Gem-Quality Used U.S. Stamps continued...

1894-98 Bureau Issues, Watermarked and Color Change (Scott 264-284) continued...
Lot Sym. Lot Description  
3391   Image15c Indigo (274). Beautifully centered with wide margins, intense shade and impression, unobtrusive strike of registry oval cancel, Extremely Fine Gem, with 2011 P.F. (as Indigo) and 2005 P.S.E. (as Dark Blue) certificates (Superb 98, SMQ $1,450.00), only one has graded higher (at 98J) and only one other shares this grade (Image)

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 17.50

SOLD for $900.00
Will close during Public Auction
3392   Image50c Orange (275). Vivid color, essentially perfect centering with wide margins, neat strike of "Lynn Mass." double oval cancel

EXTREMELY FINE GEM. A SUPERB USED EXAMPLE OF THE 50-CENT 1895 WATERMARKED BUREAU ISSUE GRADED SUPERB 98 BY P.S.E.

With 2011 P.F. and 2008 P.S.E. certificates (Superb 98, SMQ $2,000.00). This is the highest grade awarded and this stamp is the only example to achieve it (Image)

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 40.00

SOLD for $1,600.00
Will close during Public Auction
3393   Image50c Red Orange (275a). Fiery color, crisp impression, beautiful centering with well-balanced margins, light New York registry oval cancel, Extremely Fine Gem, a lovely and fresh stamp, with 2004 P.F. certificate as No. 275, with 2003 and 2005 P.S.E. certificates as 275a (XF-Superb 95, SMQ $900.00), this is the highest grade awarded and only two others share this grade (Image)

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 47.50

SOLD for $500.00
Will close during Public Auction
3394   Image$1.00 Black, Ty. I (276). Perfectly centered with wide margins, intense shade on bright white paper, unobtrusive cancel leaves design clearly visible

EXTREMELY FINE GEM. A MAGNIFICENT USED EXAMPLE OF THE $1.00 TYPE I WATERMARKED 1895 BUREAU ISSUE, WHICH HAS BEEN AWARDED THE GRADE OF SUPERB 98 BY P.S.E. -- EASILY ONE OF THE FINEST COPIES IN EXISTENCE.

The dollar-value Bureaus are rarely found with centering that would qualify for a high numerical grade, but in used condition they are further handicapped by heavy registry cancels, which almost invariably knock points off the final grade. The $1.00 Type I 1895 Issue offered here is extraordinary not only for its precise centering and wide margins, but the lightly-struck cancel leaves the entire design visible.

With 2011 P.F. and 2007 P.S.E. certificates (Superb 98, SMQ $2,500.00). This is the highest grade awarded and only one other shares this lofty grade -- a statistic that has not changed in four years (Image)

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 100.00

SOLD for $1,700.00
Will close during Public Auction
3395   Image$1.00 Black, Ty. II (276A). Wide margins and choice centering, detailed impression on crisp paper, light face-free cancel leaves entire design visible, Extremely Fine Gem, a superb stamp in every respect, with 2000 P.F. and 2005 P.S.E. certificates (XF-Superb 95, SMQ $1,350.00), this is the highest grade awarded and only five others share this grade, neither the unwatermarked nor watermarked $1.00 Ty. II 1894-95 Bureau Issues has achieved a grade higher than 95 (Image)

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 210.00

SOLD for $850.00
Will close during Public Auction
3396   Image$2.00 Bright Blue (277). Gorgeous color, precise centering with wide margins, fresh paper, lightly cancelled

EXTREMELY FINE GEM. A SPECTACULAR USED EXAMPLE OF THE 1895 $2.00 WATERMARKED ISSUE.

The $2.00 Watermarked issue (Scott 277) was issued in significantly greater quantities than its unwatermarked counterpart (10,027 of Scott 262 versus 31,720 of Scott 277). However, the watermarked $2.00 is almost as difficult to find in superbly centered used condition with an attractive cancel. The P.S.E. Population Report lists seven examples graded XF-90 or above of No. 262 and only eight of No. 277.

With 2011 P.F. and 2007 P.S.E. certificates (XF-Superb 95, SMQ $2,650.00). Only one has graded higher (at 98) and only three others share this grade. (Image)

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 450.00

SOLD for $1,500.00
Will close during Public Auction
3397   Image$2.00 Dark Blue (277a). Precise centering, proof-like impression on bright white paper, deep rich color easily discernible from the standard Blue, neat registry oval cancel, Extremely Fine Gem, a beautiful stamp, with 2002 P.F. and 2005 P.S.E. certificates (XF 90, SMQ $1,000.00), this is the highest grade awarded to the Dark Blue No. 277a and only three others share this grade (the next highest grade is a 50), this shade only comes on the watermarked issue (Image)

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 450.00

SOLD for $600.00
Will close during Public Auction
3398   Image$5.00 Dark Green (278). Choice margins and precise centering, deep rich color on fresh paper, unusually light registry oval cancel

EXTREMELY FINE GEM. THE 1895 BUREAU DOLLAR VALUES ARE EXCEEDINGLY DIFFICULT TO FIND IN THIS ULTRA-HIGH GRADE, ESPECIALLY WITH A LIGHT CANCELLATION. THIS SPECTACULAR STAMP HAS BEEN GRADED SUPERB 98 BY P.S.E. -- THE HIGHEST GRADE AWARDED.

The $5.00 stamps were generally used on heavy parcels or high-value registered covers that were usually discarded, and the high-denomination stamps were typically heavily cancelled. The stamp offered here, cancelled by a registry oval, with perfect centering and in pristine condition, is truly remarkable.

With 2011 P.F. and 2006 P.S.E. certificates (Superb 98, SMQ $10,700.00). This is the highest grade awarded and it is shared by only two other stamps (Image)

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 625.00

SOLD for $4,750.00
Will close during Public Auction
3399   Image1c Deep Green (279). Essentially perfect centering with Jumbo margins, bright color, neat machine cancel, Extremely Fine Gem, a huge and striking stamp, with 2011 P.F. and 2007 P.S.E. certificates (Superb 98 Jumbo, SMQ $320.00 as 98, unpriced in higher grade), only one example has exceeded a 98J grade and only two others share this grade (Image)

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 0.50

SOLD for $350.00
Will close during Public Auction
3400   Image1c Deep Green, Vertical Watermark (279a). Full letter "S" of watermark in clear vertical orientation, exceptional centering with wide margins, vivid color on bright paper, Extremely Fine Gem, a superb example of this variety which was produced in error, with 2007 P.F. (XF 90) and 2011 P.S.E. certificates (XF-Superb 95, unpriced in SMQ), this is the only used example of Scott 279a listed in the P.S.E. Population Report, extrapolating from the Scott Retail value of this stamp, which is 15-times that of the regular Horizontal Watermark issue ($7.50 for Scott 279a versus $0.50 for Scott 279), the SMQ value of this stamp were it listed would logically be a large multiple of the $95.00 listed for a Scott 279 graded 95 (Image)

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 E. 300-400

SOLD for $950.00
Will close during Public Auction
3401   Image2c Red, Ty. IV (279B). Bright color, wide margins with perfect centering, face-free cancel, Extremely Fine Gem, a superb stamp, with 2011 P.F. and 2007 P.S.E. certificates (Superb 98, SMQ $475.00), this is sole example graded 98 and the highest graded stamp for Scott 279B in any condition category (Image)

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 0.40

SOLD for $450.00
Will close during Public Auction

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