Sale 1010 — 2011 Rarities of the World

Sale Date — Saturday, 18 June, 2011

Category — 1857-60 Issue

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
27
 
Sale 1010, Lot 27, 1857-60 Issue1c Blue, Ty. III, Position 99R2 (21). Positions 98-100R2, horizontal strip of three, center stamp Position 99R2, the finest example of Type III on any plate, Position 98R at left is Type II (20), Position 100R at right has break in bottom line which qualifies it as Type IIIa (22), rich color, neat strike of New York circular datestamp, stamps at left and right have slight creases (ending in tiny tear in left stamp), center stamp (Position 99R2) tiny pinhole at the back of Franklin's head

VERY FINE APPEARING EXAMPLE OF POSITION 99R2 IN A STRIP WITH TYPES II AND IIIA. THIS IS ONE OF TWO USED MULTIPLES CONTAINING THE PERFORATED ONE-CENT 1857 ISSUE FROM POSITION 99R2. THIS POSITION FURNISHED THE WIDEST BREAKS OF ANY TYPE III ENTRY, AND THIS STRIP CONTAINS ONE OF THE FINEST EXAMPLES OF THE PERFORATED 99R2 IN USED CONDITION.

On Plate 2, 198 of the 200 positions were Type II. Position 100R was Type II in the early stage of the plate, but as wear began to weaken the bottom line, it became Type IIIa with a small break at bottom. Positions 89R and 99R on Plate 2 have been the focus of special attention, because of their unusual nature. Ashbrook states: "A study of the double transfers of 89R2 and 99R2 is most interesting, because here in a vertical pair of positions we have two distinct varieties... The 99R2 stamp is a fresh entry that was short transferred both at top and bottom over an original entry that had been erased... The stamp, 89R2, is a re-entry, but not in the proper sense of this term, because the re-entry on the lower part of this position was an error, as it was not made to correct an existent fault of the original 89R transfer."

Plate 2 stamps were issued imperforate from December 1855 through June 1857. Beginning in July 1857 stamps from Plates 1 Late, 2 and 4 were issued with perforations, and Plates 2 and 4 continued to produce stamps through late 1857. Plate 2 stamps are rarer perforated than in imperforate form; conversely, Plate 4 stamps are rarer imperforate than in perforated form.

Our unpublished census of perforated Position 99R2 stamps contains one unused in a block of nine, three on covers, two in strips of three and 18 used singles. Most have faults or are poorly centered.

Ex Newbury and Neinken (illustrated in his book on p. 194). With 2011 P.F. certificate (returned from the Wagshal sale and reoffered). Listed but unpriced in Scott as strip. Scott Retail for a 99R2 used single is $20,000.00

23,025
12,000