Sale 1139 — U.S. Treasures of Philately from The Irwin Weinberg Inventory

Sale Date — Wednesday, 9 November, 2016

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*A buyer’s premium of 15% of the winning bid was added as part of the total purchase price on all lots in this sale. Buyers were responsible for applicable sales tax, customs duty and any other prescribed charges. By placing a bid, bidders agreed to the terms and conditions in effect at the time of the sale.

Category — Washington-Franklin and Later Issues

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
97
 
Sale 1139, Lot 97, Washington-Franklin and Later Issues1c Green, Rotary, Perf 11 (594). Tied by "Madison Sq. Sta. N.Y. Oct. 4, 1924" machine slogan cancel on piece, originally a pair with second stamp at right removed, rich color, centered to bottom right, tear in piece does not affect stamp

FINE. A RARE USED EXAMPLE OF THE ONE-CENT ROTARY PRESS COIL WASTE STAMP, SCOTT 594.

The 1c Green, Scott 594, is waste from a horizontal rotary printing used to make coils. At the beginning or end of a coil-stamp print run from the 170-subject rotary plates, some leading or trailing paper was produced that was too short for rolling into 500-stamp rolls. In 1919 the Bureau devised a plan to salvage this waste by perforating and cutting the sheets into panes. They were put through the 11-gauge flat-plate perforator in use at the time, giving the sheets full perforations on all sides. The existence of Scott 594 was not reported until four months after the final sheets were delivered, and the 1c Rotary Perf 11 was soon recognized as one of the rarest United States stamps.

Our census of Scott 594, available at our website at: http://www.siegelauctions.com/dynamic/census/594/594.pdf, contains 88 used singles, four used pairs and five covers (including one with a pair) for a total of 102 used stamps. Many have perforations either in on one or more sides, or have faults. Very few are known on piece.

Census No. 594-PCE-77. With 1955 P.F. certificate

11,000
3,250