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The Robert R. Hall Collection of Outstanding United States Stamps continued...

1898 Spanish-American War, Documentary, Proprietary Revenue Issues
Lot Sym. Lot Description  
993   Image8c Violet Brown, "I.R." Overprint (R156). Clear overprint, intense shade, "M.M. L.I.C. July 12" manuscript cancellation (Michigan Mutual Life Insurance Co.), tiny thin spot in lower left margin, Fine appearance (Image)

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$ 5,500.00

SOLD for $1,100.00
Will close during Public Auction
994   Image10c Dark Green, "I.R." Overprint (R157). Retaining its original gum, outstanding centering, natural s.e. at bottom, clear overprint, "M.M. L.I.C. July 14?, 1898" manuscript cancellation (Michigan Mutual Life Insurance Co.), light corner crease at lower right

EXTREMELY FINE APPEARING EXAMPLE OF THE RARE 10-CENT "I.R." EMERGENCY PROVISIONAL OVERPRINT.

To meet the increased demands for federal revenue during the Spanish-American War, on June 13, 1898, Congress approved the War Revenue Law of 1898. The law was to become effective on July 1, 1898, leaving only seventeen days before the new stamps were needed. The Bureau of Engraving and Printing had already started work on the dies, rolls and plates in anticipation of its passage, but they were still unable to issue stamps when the law went into effect.

A large quantity of 1c and 2c stamps were printed with an "I.R." overprint (Scott R153, R154, R155 and R155A). Additionally, small quantities were produced in the 8c, 10c and 15c denominations. These issues mark the first time that the United States had to resort to surcharging. According to Sloane's Column (Jul. 31, 1948), the Michigan Mutual Life Insurance Co. handstamped copies of the 8c, 10c and 15c regular issues over a period of five days in July 1898. Sloane states these provisional revenues were brought to the philatelic market by J. E. Scott, a collector and employee of the company. J. E. Scott reported that the company used 41 copies of the 8c, 66 of the 10c and 28 of the 15c. The Scott Retail values support this relative mix of supply.

With 1991 P.F. certificate (Image)

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$ 4,250.00

SOLD for $2,300.00
Will close during Public Auction
995   Image$30.00 Vermilion, "Series 1940" Handstamped Ovpt. (R282). Serial no. 532701, manuscript, purple handstamp and three-hole cancels, Very Fine (Image)

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$ 500.00

SOLD for $425.00
Will close during Public Auction
996   Image$1,000.00 Orange, Green "Series 1940" Handstamped Ovpt. (R286). Serial no. 111467, cut and purple handstamp cancels, well-centered, Very Fine (Image)

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$ 500.00

SOLD for $400.00
Will close during Public Auction
997   Image$5,000.00 Carmine, "Series 1952" Ovpt. (R618). Serial no. 295, rich color and particularly well-centered, perf initial cancel and boxed handstamp, Very Fine and scarce, the 1952 Series is the first with the over-$1,000.00 denominations, the $5,000.00 is the scarcest denomination (Image)

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$ 1,500.00

SOLD for $1,000.00
Will close during Public Auction
998   Image$10,000.00 Carmine, "Series 1952" Ovpt. (R619). Serial no. 1142, rich color and exceptionally well-centered, perf initial cancel and boxed handstamp, Extremely Fine example of this scarce issue, the 1952 Series is the first with the over-$1,000.00 denominations (Image)

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$ 1,100.00

SOLD for $650.00
Will close during Public Auction
999   Image$5,000.00 Carmine, "Series 1953" Ovpt. (R652). Serial no. 179, boxed handstamp and perf initial cancels, deep rich color, wide margins, Very Fine and choice, one of the key rarities of the "Red" Documentary stamps (Image)

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$ 2,000.00

SOLD for $1,700.00
Will close during Public Auction
1000   Image$10,000.00 Carmine, "Series 1953" Ovpt. (R653). Serial no. 521, rich color, wide margins and choice centering, handstamp and cut cancels which causes a few tiny holes, otherwise Extremely Fine (Image)

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$ 1,700.00

SOLD for $800.00
Will close during Public Auction
1001   Image$10,000.00 Carmine, "Series 1955" Ovpt. (R696). Serial no. 2801, bright color, unobtrusive purple straightline cancels, Very Fine and choice example of this high denomination (Image)

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$ 1,250.00

SOLD for $600.00
Will close during Public Auction
1002   1940-58, Red Documentary Issues, Collection (R288-R734). Mounted on album pages, complete singles less about a dozen of the rarest issues, also approximately 18 used strips of four, many of the lower denominations unused, all the higher value serial no. issues are used with the better issues showing cut cancels or perfins, overall Fine-Very Fine with a number of stamps with Scott Retail over $100.00 and a few over $500.00

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E. $ 1,500-2,000

SOLD for $5,500.00
Will close during Public Auction
1003 ng Image2c Green & Black on Green Paper, Proprietary, Center Inverted (RB2d; formerly RB2bc). Unused (no gum), rich color on deep green paper, vignette shows clearly, sealed tear at left and top left corner perf mostly detached and reinforced with small piece of hinge

FINE CENTERING. AN EXTREMELY RARE UNUSED EXAMPLE OF THE 2-CENT PROPRIETARY INVERT ON GREEN PAPER. ONLY NINE OF THE FOURTEEN RECORDED EXAMPLES ARE UNUSED.

In the privately published census by Larry Lyons, he records 13 copies of the 2c Proprietary Invert on green paper. One additional example has come to light since his census, offered in our Sale 1037. Of the total recorded, nine appear to be unused, and all but one have at least one fault. (Image)

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$ 8,000.00

SOLD for $2,800.00
Will close during Public Auction

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