Sale 1192 — United States Stamps including Confederate States and Hawaii
Sale Date — Wednesday-Friday, 14-16 November, 2018
Category — 1870-71 National Bank Note Co. Issues (Scott 134-155)
7c Vermilion, H. Grill (138). Unused (no gum), vibrant color, clear grill points, fresh and Very Fine, with 2018 P.S.E. certificate
10c Brown, H. Grill (139). Rich color, clear grill points, neat strike of blue target cancel, Very Fine, with 2002 P.F. certificate
12c Dull Violet, H. Grill (140). Unused (no gum), intense shade and impression, several clearly evident grill pointsFINE AND RARE UNUSED EXAMPLE OF THE 12-CENT NATIONAL BANK NOTE COMPANY GRILLED ISSUE.
Aside from the 24c, which does not exist unused, the 12c is the most difficult to obtain unused, in any condition. Probably less than ten exist with original gum, and many of these have faults.
With 1974 P.F. certificate
12c Dull Violet, H. Grill (140). Bright shade, several easily discernible grill points at bottom, bold cork cancel, unusually wide margins for this difficult issueVERY FINE AND CHOICE USED EXAMPLE OF THE 1870 12-CENT NATIONAL BANK NOTE COMPANY GRILLED ISSUE.
With 1995, 2000 P.F. and 2008 P.S.E. certificates
12c Dull Violet, H. Grill (140). Several easily noticeable grill points, bold strike of grid cancelVERY FINE USED EXAMPLE OF THE 1870 12-CENT NATIONAL BANK NOTE COMPANY GRILLED ISSUE.
With 1994 P.F. and P.S.E. certificates
12c Dull Violet, H. Grill (140). Several clear rows of grill points, intense shade, cork cancel, Fine used example of this scarce issue, with 2015 P.S.E. certificate
15c Orange, H. Grill (141). Intense shade and impression, bold strike of circle of V's and circular datestamp cancels, well-balanced margins, Very Fine, with 1980 P.F. and 2008 P.S.E. certificates
24c Purple, H. Grill (142). Bright shade, well-balanced margins, bold strikes of New York Foreign Mail "Clothespins" cancelVERY FINE AND CHOICE. A BEAUTIFUL EXAMPLE OF THE 24-CENT 1870 NATIONAL BANK NOTE GRILLED ISSUE WITH A NEW YORK FOREIGN MAIL CANCELLATION.
Ex Hoffman. With 1994 and 2016 P.F. certificates
24c Purple, H. Grill (142). Pretty shade, remarkably clear grill, unobtrusive cancel, flaw at top right not mentioned on accompanying certificate, almost Fine, with 1973 P.F. certificate
90c Carmine, H. Grill (144). Original gum, lightly hinged, clearly-defined grill, intense shade, reperfed at left and most recent certificate notes "tiny gum spots opposite Perry's eye" (they are indeed tiny)FINE APPEARING AND RARE ORIGINAL-GUM EXAMPLE OF THE 1870 90-CENT GRILLED NATIONAL BANK NOTE ISSUE.
Considering original-gum examples only, after the extremely rare 12c and 30c and non-existent 24c, the 90c is the rarest of the 1870 National Grilled Issue.
With 1994 P.S.E. and 2018 P.F. certificates
90c Carmine, H. Grill (144). Clearly defined grill, bright color, well-centered, neat circle of wedges cancel and trace of red transit at bottom, light horizontal crease at top noted on most recent certificate, Very Fine appearance, a pretty example of this issue, ex "Golden Oak", with 1983 and 2014 P.F. certificates
15c Bright Orange (152). Original gum, vibrant color on bright paperVERY FINE ORIGINAL-GUM EXAMPLE OF THE 1870 15-CENT NATIONAL BANK NOTE COMPANY UNGRILLED ISSUE.
With 1998 P.F. and 2006 and 2016 P.S.E. certificates
24c Purple (153). Jumbo margins, bright color, bold red cork cancel, Extremely Fine, with 2003 and 2010 P.F. certificates
90c Carmine (155). Original gum, h.r., exceptional centering with balanced and wide margins, vivid color on fresh paperEXTREMELY FINE GEM. A SUPERB ORIGINAL-GUM EXAMPLE OF THE 1870 90-CENT UNGRILLED NATIONAL BANK NOTE ISSUE, GRADED XF-SUPERB 95. THIS IS THE HIGHEST GRADE AWARDED.
In general, the Grilled National Bank Note Issues in superb original-gum condition overshadow their ungrilled counterparts. This is also true for the 90c. However, in the case of the 90c, collectors are frequently misled by the availability of Scott 166, the 1873 Continental printing. The difference in shades is distinct, yet collectors have a tendency to under-rate the 1870 National printing. Most original-gum examples are poorly centered. This example is remarkable for its centering and freshness of color.
With 2017 P.S.E. certificate (OGh, XF-Superb 95; SMQ $18,500.00). Only two other stamps share this grade, with none higher
90c Carmine (155). Original gum, single hinge mark at top, deep rich color and proof-like impression, wide marginsVERY FINE AND CHOICE. THE 1870 90-CENT NATIONAL BANK NOTE ISSUE IS RARE IN CHOICE ORIGINAL-GUM CONDITION.
With 1989 P.F. and 2016 P.S.E. certificates
90c Carmine (155). Bright color, choice centering and margins, cork cancel, fresh and Extremely Fine, with 2016 P.F. certificate (XF 90)