Sale 1062 — The Golden Oak Collection of Superb United States

Sale Date — Tuesday-Wednesday, 17-18 December, 2013

Category — 1894 Unwatermarked Bureau Issue (Scott 246-263)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
448
 
Sale 1062, Lot 448, 1894 Unwatermarked Bureau Issue (Scott 246-263)$5.00 Dark Green (263). Rich color and proof-like impression on bright paper, Jumbo margins, unobtrusive cancel

EXTREMELY FINE GEM. A STUNNING USED EXAMPLE OF THE 1894 $5.00 UNWATERMARKED BUREAU ISSUE, AND EASILY ONE OF THE FINEST IN EXISTENCE.

Brookman notes "The $5 is the scarcest stamp in the 1894 series as the total issue of the stamp consisted of 6,251 stamps. It is probable that more of these stamps might have been sold were it not for the fact that speculators were dumping $5 Columbians at a discount to face because the rise they had anticipated had failed to materialize." Very few were used. A review of Power Search and P.S.E'.s Population Report found very few used and centered copies of this issue.

With 1985 P.F. certificate. Acquired by the owner in 1988 and offered to the market for the first time in 25 years.

2,750
9,000