Sale 1109 — U.S. 1847-69 Issues, featuring the Kenneth D. Gilbart Collection
Sale Date — Wednesday, 30 September, 2015
Category — 10c 1847 Issue, Off-Cover (Scott 2)
Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
315
10c Black (2). Unused (no gum), full to ample margins, intense shade and proof-like impression, small corner crease at bottom left, small tear at bottom -- neither are obvious without magnificationVERY FINE APPEARANCE. AN ATTRACTIVE UNUSED EXAMPLE OF THE 10-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 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 2009 P.F. certificate
15,000
3,500