Sale 1028 — The Natalee Grace Collection of Used U.S. Stamps, Part Three: 1902 and Later Issues

Sale Date — Thursday, 20 September, 2012

Category — 1912-14 Perf 12 Double-Line Watermark Issue-New Designs (Scott 405-422)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
374
 
Sale 1028, Lot 374, 1912-14 Perf 12 Double-Line Watermark Issue-New Designs (Scott 405-422)7c Black (407). Perfectly centered with Jumbo margins, intense impression on bright paper, long and full perforations all around, unobtrusive cancel

EXTREMELY FINE GEM. A PHENOMENAL USED EXAMPLE OF THE 7-CENT WASHINGTON ISSUE. THIS MAGNIFICENT STAMP HAS BEEN GRADED SUPERB 98 JUMBO BY P.S.E. -- THIS IS THE HIGHEST GRADE AWARDED TO DATE AND IT IS THE ONLY EXAMPLE TO ACHIEVE THIS GRADE.

A new 7c denomination became necessary after the Parcel Post series was discontinued. This Perf 12 7c issue was only in use for five months before the new Perf 10 stamps, Scott 430, were issued. This accounts for their rarity in higher grades in both unused and used condition.

Ex Twigg-Smith. With 2009 P.S.E. certificate (Superb 98 Jumbo; unlisted in SMQ above the grade of 98, SMQ $740.00 as 98). This is the highest grade awarded to date and the only example to achieve this grade.

14
900