Sale 1075 — 2014 Rarities of the World
Sale Date — Thursday, 26 June, 2014
Category — 20th Century Issues
Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
1173°
$1.00 Presidential, USIR Wmk. (832b). Complete Mint N.H. sheet of 100, clearly showing the watermark, most prominently in the selvage, fresh color and choice centering, usual natural gum skips and bends including in two stamps in plate blockVERY FINE. A RARE MINT NEVER-HINGED COMPLETE SHEET OF 100 OF THE 1938 $1.00 PRESIDENTIAL ISSUE WITH "USIR" WATERMARK.
According to The Prexies by Roland E. Rustad, the printing of the $1.00 on "USIR" double-line watermarked paper intended for revenue stamps, occurred inadvertently, probably in 1950 or 1951. It marked the first time since 1916 that a U.S. postage stamp was issued on watermarked paper. The variety was first discovered in 1953 and the earliest documented use is May 9, 1951
21,900
10,500
