Sale 1202 — The James Depew Collection of Superb U.S. Coils and 20th Century Imperforate Issues
Sale Date — Wednesday, 22 May, 2019
Category — 1923-29 Rotary Press Coils (Scott 597-599A)
Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
2655
1c Green, Coil (597). Mint N.H. joint line pair, near perfect centering, fresh and bright, Extremely Fine Gem, with 2010 P.S.E. certificate (Superb 98; SMQ $375.00), the highest grade awarded and shared by only three others
4
650
2656
1c Green, Coil (597). Mint N.H. pair and single, both with outstanding centering and margins, fresh colors, Extremely Fine Gems, with 2008 P.S.E. certificates (Superb 98; total SMQ $450.00), the pair is the highest graded with no equals, while only two grade higher than the single
2
650
Back to Top2657
1c Green, Coil (597). Joint line pair and pair, both with beautifully choice centering, neat San Francisco duplex cancel and wavy-line machine cancel respectively, Extremely Fine Gems, line pair with 2014 P.S.E. certificate (XF-Superb 95), the highest grade recorded with only three equal, pair with 2017 P.S.E. certificate (Superb 98), the highest grade recorded with only three equal, total SMQ $450.00
1
550
Back to Top2658
1c Green, Coil (597). Mathematically perfect centering, wide margins, neat Los Angeles Cal. circular datestamp cancel, Extremely Fine Gem, a superb used coil in the finest possible condition, with 2016 P.S.E. certificate (Gem 100; unpriced in SMQ above the grade of 98, SMQ $150.00 as 98)
0
120
Back to Top2659
1-1/2c Brown, Coil (598). Mint N.H. joint line pair, perfect centering, rich color, Extremely Fine Gem, with 2008 P.S.E. certificate (Superb 98; SMQ $375.00), the highest grade awarded with only three equal
9
550
Back to Top2660
1-1/2c Brown, Coil (598). Mint N.H. pair and single, both with outstanding centering and margins, rich colors, Extremely Fine Gems, with 2008 P.S.E. certificates (Superb 98; total SMQ $490.00), both are the highest graded in the P.S.E. Population Report
5
650
Back to Top2661
1-1/2c Brown, Coil (598). Joint line pair, pair and single, each with outstanding centering, line pair with Lancaster Pa. precancel, pair with Ohio duplex cancel, single with machine cancel, Extremely Fine Gems, line pair with 2013 P.S.E. certificate (XF-Superb 95; SMQ $190.00), pair with 2015 P.S.E. certificate (XF-Superb 95, unpriced in SMQ), single with 2017 P.S.E. certificate (Superb 98; unpriced in SMQ), each of these is the highest grade recorded with no equals
1
425
Back to Top2662
2c Carmine, Ty. I, Coil (599). Mint N.H. joint line pair, perfect centering with Jumbo margins, Extremely Fine Gem, when we offered a 98 graded example in 2009 we remarked that we could not imagine how that coil line pair could be improved upon -- now we can imagine, Extremely Fine Gem, with 2010 P.S.E. certificate (Superb 98 Jumbo; SMQ $450.00), the highest grade awarded and shared by no others
4
300
Back to Top2663
2c Carmine, Ty. I, Coil (599). Mint N.H. pair, mathematically perfect centering, vibrant color, Extremely Fine Gem, a superb pair in the finest condition, with 2010 P.S.E. certificate (Gem 100; SMQ $1,000.00), this is one of only five at this perfect grade, with none higher
1
650
Back to Top2664
2c Carmine, Ty. I, Coil (599). Joint line pair, pair and single, each with magnificent centering, rich colors, line pair with neat duplex cancel, pair with Nashville Ten. precancel, single with light machine cancel, Extremely Fine Gems, with 2015-2017 P.S.E. certificates (Superb 98; total SMQ $650.00 counting the pair as 95, it is unpriced in the 98 grade), only one line pair grades higher (at 98J), the pair is the highest graded with one equal and only one single grades higher (at 100)
2
400
Back to Top2665
2c Carmine, Ty. I, Coil (599). Pair, outstanding centering and margins, vivid color, wavy-line machine cancel, Extremely Fine Gem, with 2018 P.S.E. certificate (Superb 98; unpriced in SMQ above the grade of 95), the highest grade awarded to a used pair and it is shared by only one other (offered in previous lot)
0
160
Back to Top2666
2c Carmine Lake, Coil (599b). Mint N.H. joint line pair, choice centering and margins, gorgeous color on post-office fresh paper, Extremely Fine Gem, rare in this condition, with 2009 P.S.E. certificate (XF-Superb 95; SMQ $1,500.00), the highest grade awarded with none equal
950
2,000
Back to Top2667
2c Carmine Lake, Coil (599b). Mint N.H. pair, choice margins and centering, fresh and Extremely Fine pair of this scarce shade, with 2008 P.S.E. certificate (XF 90; SMQ $550.00), the highest grade awarded and shared by only three others, also an oddly low SMQ price for a 90 grade (less than Scott Retail, which is based on a grade of 80)
650
600
Back to Top2668
2c Carmine Lake, Coil (599b). Mint N.H., well-centered, rich color in this scarce shade, Extremely Fine, with 2008 P.S.E. certificate (XF 90; SMQ $375.00), the highest grade awarded to a single of this issue and it is shared by no others
300
300
Back to Top2669
2c Carmine Lake, Coil (599b). Joint line pair, intense shade of the scarce Carmine Lake, attractive centering and margins, Very Fine, with 2013 P.S.E. certificate (F-VF 75; SMQ $600.00), the highest graded of only three joint line pairs in the P.S.E. Population Report, there is an odd disconnect between Scott Retail (which is $7,000.00) and SMQ values, we tend to agree with P.S.E.'s assessment of value
E. 500-750
375
Back to Top2670
2c Carmine, Joint Line Pair, Ty. I, II (599-599A). Mint N.H. joint line pair, left stamp Type II, right stamp Type I, rich color, beautiful centeringEXTREMELY FINE GEM. A RARE BEAUTIFULLY CENTERED MINT NEVER-HINGED JOINT LINE PAIR OF THE 2-CENT ROTARY PRESS COIL, COMBINING TYPES I AND II.
According to the Armstrong book, the Type I, Scott 599, was produced starting in 1923. In 1929 the Bureau experimented with a new method of making plates. It became necessary to retouch the die, most notably in the hair, creating Type II (Scott 599A and 634A). Combination joint line pairs exist because two plates of 170 subjects were used at one time and for a short period one plate of each type was used on the press simultaneously.
The existence of the new die wasn't discovered until 1932, almost three years after it was produced. On July 6, 1932, the postage rate for first class mail was changed from 2c to 3c, and demand dropped sharply for 2c stamps. The existence of combination joint line pairs was not discovered until the early 1940's, making them especially scarce.
With 1995 P.F. and 2008 P.S.E. certificates (XF 90; SMQ $2,500.00). The P.S.E. Population Report does not list the combination joint line pair so we do not know the population figures; it is unpriced in SMQ as 95, so it is likely none exist at that higher grade.
1,350
2,300
Back to Top2671
2c Carmine, Joint Line Pair, Ty. I, II (599-599A). Joint line strip of four, left stamps Ty. II, deep rich color, oval cancels, Fine-Very Fine, a scarce used joint line strip of the Ty. I-Ty. II combination, with 2000 P.F. certificate, Scott Retail as used line pair
1,000
0
Back to Top2672
2c Carmine, Ty. II, Coil (599A). Mint N.H. joint line strip of four, rich color, Very Fine, with 1998 P.F. certificate, Scott Retail as Mint N.H. line pair and two singles
1,550
1,100
Back to Top2673
2c Carmine, Ty. II, Coil (599A). Mint N.H. joint line pair, intense shade, choice centering and margins, Extremely Fine, with 2008 P.S.E. certificate (XF 90; SMQ $2,000.00), this is one of only four Mint N.H. line pairs in this grade, with none higher
1,150
2,200
Back to Top2674
2c Carmine, Ty. II, Coil (599A). Mint N.H. pair, outstanding centering, attractive rich colorEXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED PAIR OF THE 2-CENT TYPE II HORIZONTAL COIL, SCOTT 599A, GRADED SUPERB 98 BY P.S.E. -- THIS IS THE HIGHEST GRADE AWARDED.
With 2007 P.S.E. certificate (Superb 98; SMQ $2,800.00). This is the highest grade awarded and it is shared by only seven other pairs
425
1,600
Back to Top2675
2c Carmine, Ty. II, Coil (599A). Mint N.H., wide margins and outstanding centering, rich color, Extremely Fine Gem, with 2010 P.S.E. certificate (Superb 98; SMQ $1,650.00), the highest grade awarded to a Mint N.H. single of this issue and it is shared by only one other
200
1,000
Back to Top2676
2c Carmine, Ty. II, Coil (599A). Pair, perfect centering, deep rich color, "Middle States" machine cancel, Extremely Fine Gem, with 2010 P.S.E. certificate (Superb 98; SMQ $700.00), the highest grade awarded to a used pair of the 2c Type II and it is shared by no others
60
850
Back to Top2677
2c Carmine, Ty. II, Coil (599A). Exceptional centering with wide and balanced margins, neat machine cancel, Extremely Fine Gem, with 2016 P.S.E. certificate (Superb 98; unpriced in SMQ above the grade of 95, SMQ $275.00 for 95), the highest grade awarded to a used Scott 599A single, with no equals
16
275
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