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United States Stamps continued...

1894-1903 Bureau Issues (Scott 246-284) continued...
Lot Sym. Lot Description  
1871   Image8c Violet Brown, USIR Watermark (272a). Showing clear "R" of watermark, intense shade, well-balanced margins, neat cancel, tiny tear at bottom, appears Extremely Fine, with 2018 P.F. certificate (Image)

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[Get Market Data for United States 272a ]

$ 950.00

SOLD for $180.00
Will close during Public Auction
1872   Image8c Violet Brown, USIR Watermark (272a). Showing clear "I" of watermark, rich color, neat cancel, fresh and Fine (Image)

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[Get Market Data for United States 272a ]

$ 950.00

SOLD for $200.00
Will close during Public Auction
1873   Image50c-$5.00 1895 Issue (275-278). including extra 276A and also a 261, better centering than normally seen in a group, neat cancels, Very Fine-Extremely Fine, six with certificates (Image)

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[Get Market Data for United States 275-278 ]

$ 1,885.00

SOLD for $800.00
Will close during Public Auction
1874 og Image15c-$5.00 1895 Bureau Issue, Imperforate (274a-278a). Set of five pairs representing the top values of the series, original gum, margins all around throughout with some large, 50c with top part arrow sheet margin, deep rich colors, 50c with slight thin in selvage only

VERY FINE-EXTREMELY FINE. A SCARCE SET OF IMPERFORATE PAIRS OF THE HIGH-VALUE 1895 WATERMARKED BUREAU ISSUE.

In Brookman Volume III, pages 128-129, a complete account of the origin of the 1895 Imperforates is quoted from a column by George B. Sloane. We provide excerpts: "At the time they appeared, the Bureau of Engraving and Printing had, but a short time previously, taken over the stamp printing contract from the American Bank Note Co. and were unfamiliar with and inexperienced in quantity production of postage stamps. Gilbert E. Jones, one of the owners of the New York Times, had rendered the Bureau invaluable technical advice and assistance in the organization of their facilities, and the Bureau desired to reward him in some way for his services. Mr. Jones was well-known collector, interested only in stamps in imperforate pairs, and when the subject was broached he suggested that, while he desired no recompense, if the Bureau could give him an imperforate pair or block of each of the stamps then in current use, for his collection, he would feel more than amply repaid."

Sloane then explains that the Bureau was restricted from presenting him with stamps from stock, but did allow him to buy regular perforated stamps on sale at the post office and exchange them for imperforates. Although the Scott Catalogue at first did not recognize the imperforates as regularly-issued stamps, from 1916 they inserted a statement "All denominations of this issue exist imperforate but they were not regularly issued in that condition". (Image)

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[Get Market Data for United States 274a-278a ]

$ 10,050.00

SOLD for $1,700.00
Will close during Public Auction
1875 og Image$1.00 Black, Ty. I (276). Original gum, essentially perfect centering, Extremely Fine Gem, a superb stamp, with 1976 P.F. and 2019 P.S.E. certificates (Image)

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[Get Market Data for United States 276 ]

$ 600.00

CLOSED
Will close during Public Auction
1876°   Image$1.00 Black, Ty. II (276A). Deep shade and detailed impression, wide and essentially perfectly balanced margins, neat oval grid cancel

EXTREMELY FINE GEM. A SUPERB USED EXAMPLE OF THE 1895 $1.00 TYPE II WATERMARKED BUREAU ISSUE, WHICH HAS BEEN GRADED SUPERB 98 BY P.S.E. -- THIS IS THE HIGHEST GRADE AWARDED IN ANY CATEGORY.

With 2019 P.S.E. certificate (Superb 98; unpriced in SMQ above the grade of 95, SMQ $1,400.00 as 95). This is the highest grade awarded and it is shared by no others in any condition (used or unused). To extrapolate a potential SMQ value for this issue in the grade of 98, we looked at the other dollar value 1894-95 Bureaus in used condition. Six of the seven other dollar values are priced in SMQ in used condition at both 95 and 98. The average premium for a 98 is 2.55-times the price of a 95, meaning the potential SMQ value of this stamp is $3,500.00 (without taking into account that this is a population of one) (Image)

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[Get Market Data for United States 276A ]

$ 200.00

CLOSED
Will close during Public Auction
1877 og Image$2.00 Bright Blue (277). With top plate no. 84 selvage, original gum, lightly hinged, rich color on bright paper, Very Fine (Image)

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[Get Market Data for United States 277 ]

$ 900.00

SOLD for $500.00
Will close during Public Auction
1878 og Image$2.00 Bright Blue (277). Original gum, h.r., deep rich color, well-balanced margins, reperfed at bottom (not noted on certificate), looks Fine, with clear 1999 P.F. certificate (Image)

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[Get Market Data for United States 277 ]

$ 900.00

SOLD for $300.00
Will close during Public Auction
1879   Image$5.00 Dark Green (278). Deep rich color, nice margins and centering, bold duplex cancel, Very Fine (Image)

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[Get Market Data for United States 278 ]

$ 600.00

SOLD for $300.00
Will close during Public Auction
1880 nh Image10c Brown, Ty. I (282C). Mint N.H. with top part imprint selvage, deep rich color, Extremely Fine, with 2018 P.F. certificate (Image)

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[Get Market Data for United States 282C ]

$ 525.00

SOLD for $800.00
Will close during Public Auction
1881 ogbl Image15c Olive Green (284). Block of four, original gum, lightly hinged, rich color, Fine-Very Fine, with 2008 P.F. certificate (Image)

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[Get Market Data for United States 284 ]

$ 650.00

SOLD for $375.00
Will close during Public Auction

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