Sale 1179 — United States and Possessions

Sale Date — Tuesday, 27 March, 2018

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*A buyer’s premium of 18% 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 — 1918-20 Issues (Scott 525-547)

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Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
2425
nh
Sale 1179, Lot 2425, 1918-20 Issues (Scott 525-547)1c Green, Rotary Perf 11 x 10 (538). Mint N.H., gorgeous centering with unusually wide and balanced margins for this difficult issue, long and full perforations

EXTREMELY FINE GEM MINT NEVER-HINGED EXAMPLE OF SCOTT 538, WHICH IS GRADED GEM 100 BY P.S.E. -- ONLY ONE HAS GRADED HIGHER AND NO OTHERS SHARE THIS GRADE.

This issue was put through two different perforating machines -- perforated 10 vertically on the rotary perforator during the coil part of production and then perforated 11 on the flat plate perforator. As a result, most of the stamps are off-center. The rotary press sheets also had a natural tendency to curl, making perforating on the flat plate perforator especially difficult.

With 2013 P.S.E. certificate (Gem 100; SMQ $1,800.00). Only one has graded higher (realized $3,000 hammer in our 2016 Hanover sale) and no others share this grade.

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