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

EXTREMELY FINE GEM. A STUNNING MINT NEVER-HINGED GUIDE LINE PAIR OF THE 1914 4-CENT PERF 10 SINGLE-LINE WATERMARK COIL, SCOTT 446, GRADED SUPERB 98 BY P.S.E. -- THE HIGHEST GRADE AWARDED.

The Perf 10 coils were issued as a middle ground between the previous Per 12 coils, which separated too easily and the Perf 8-1/2 coils, which were too difficult to separate. The Perf 10 Scott 446, printed by flat plate method, has an earliest known date of use of June 4, 1915. The rotary press coils followed shortly thereafter, with the 4c horizontal rotary coil known used in November 1915 (Scott 457). With a relatively short period of use, choice examples of Scott 446 are difficult to find. When you add Mint N.H. gum and the guide line pair format, the degree of difficulty increases exponentially. This superb Mint N.H. guide line pair is easily among the few finest known.

With 1981 P.F. (for strip of four) and 2013 P.S.E. certificates (Superb 98; SMQ $9,250.00). Only one other Mint N.H. guide line pair has achieved the 98 grade, which is the highest awarded (Image)

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EXTREMELY FINE GEM. AN ASTONISHING JUMBO MINT NEVER-HINGED PAIR OF SCOTT 446, GRADED GEM 100 JUMBO BY P.S.E. -- THE HIGHEST GRADE POSSIBLE.

With 2011 P.S.E. certificate (Gem 100 Jumbo; SMQ $10,500.00 as 100, unpriced in the 100J grade). Only one other pair has matched this ultimate grade (the ex Whitman copy), which is the highest possible (Image)

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EXTREMELY FINE GEM. A PERFECT MINT NEVER-HINGED EXAMPLE OF THE 1914 4-CENT PERF 10 SINGLE-LINE WATERMARK COIL, SCOTT 446 -- GRADED GEM 100 BY P.S.E.

Ex Curtis. With 2008 P.S.E. certificate (Gem 100; SMQ $4,950.00). This is the highest grade awarded and the only example to achieve it. The SMQ value is low considering this stamp realized $8,000 and $7,000 hammer the last two times it was sold (Image)

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EXTREMELY FINE GEM. A SUPERB USED GUIDE LINE PAIR OF THE 4-CENT HORIZONTAL COIL, SCOTT 446, GRADED XF-SUPERB 95 BY P.S.E. -- BY FAR THE HIGHEST GRADE AWARDED. ONE OF THE MOST DIFFICULT COIL ISSUES TO OBTAIN WITH SUCH SUPERB CENTERING, ESPECIALLY AS A GUIDE LINE PAIR. THIS IS PROBABLY THE FINEST IN EXISTENCE.

Ex "Natalee Grace". With 1999 P.F. and 2012 P.S.E. certificates (XF-Superb 95; SMQ $4,250.00). This is the highest grade awarded and it is shared by no others. The next highest grade drops all the way down to 85J (Image)

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EXTREMELY FINE GEM. THIS STUNNING MINT NEVER-HINGED GUIDE LINE PAIR OF SCOTT 447 HAS RECEIVED THE PERFECT GRADE OF GEM 100 FROM P.S.E. -- THIS IS THE HIGHEST GRADE AWARDED.

The 5c Perf 10 flat plate coil was among the last coils to be issued before the rotary press coils began to take their place. Strangely, while the issue date for Scott 447 is July 30, 1914, the earliest documented use listed in Scott is May 9, 1916 -- after the EDU for the rotary press 5c coil, Scott 458, which is known used a month earlier.

With 2009 P.S.E. certificate (Gem 100; SMQ $8,000.00). This is the highest grade awarded to a Scott 447 guide line pair and it has been equaled by only one other (Image)

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EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED PAIR OF THE 1914 5-CENT PERF 10 FLAT PLATE COIL, SCOTT 447, GRADED GEM 100 BY P.S.E. THIS IS THE ONLY PAIR TO ACHIEVE THIS PERFECT GRADE.

With 1987 P.F. and 2008 P.S.E. certificates (Gem 100; SMQ $3,500.00). This is the highest grade awarded to a Scott 447 pair and it is shared by no others (Image)

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EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED EXAMPLE OF THE 1914 5-CENT PERF 10 FLAT PLATE COIL, SCOTT 447, GRADED GEM 100 BY P.S.E.

With 1992 P.F. and 2013 P.S.E. certificates (Gem 100; SMQ $1,650.00). This is one of only two examples to achieve this perfect grade, with none higher. We believe this is undervalued in SMQ (Image)

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