Sale 1061 — United States Stamps
Sale Date — Tuesday, 19 November, 2013
Category — 1847 Issue (Scott 1-2)
Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
3317
5c Grayish Brown (1a). Block of six, unused (no gum), large margins to clear incl. part of adjoining stamps at right, some faults including creases and rejoined tears, color affected by cleaningVERY FINE APPEARANCE. AN EXTREMELY RARE UNUSED BLOCK OF SIX OF THE 5-CENT 1847 ISSUE.
The 1847 Issue is much scarcer in unused condition than other issues, because the stamps were demonetized in 1851. They could be exchanged for the new issue, but once the exchange period ended, the stamps would have no postage value. Considering the purchasing power of five or ten cents in 1851, it is not surprising that the stamps were either used or exchanged, rather than left for future generations of collectors.
With 1975 and 2013 P.F. certificates. Scott Retail $66,000.00 as block of four and pair with original gum. Scott Retail as six no gum singles
21,000
3,500
