Sale 1140 — Outstanding United States Stamps, featuring The Irwin Weinberg Inventory

Sale Date — Wednesday-Friday, 9-11 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 — 1847 Issue (Scott 1-2)

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Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
297
ng
Sale 1140, Lot 297, 1847 Issue (Scott 1-2)10c Black (2). Unused (no gum), three large margins, just in at bottom frame, intense shade, small pressed crease at top right

FINE APPEARANCE. AN ATTRACTIVE AND RARE 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 2014 P.S.E. certificate

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