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 — U.S. Possessions: Canal Zone

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Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
2762
og
Sale 1179, Lot 2762, U.S. Possessions: Canal ZoneCANAL ZONE, 1907, 1c Green & Black, Inverted Center, Ovpt. Reading Up (22g). Sheet margin at top, slightly tropicalized original gum, perfectly centered, deep rich colors

EXTREMELY FINE GEM. A SUPERB EXAMPLE OF THE 1907 ONE-CENT BALBOA WITH INVERTED CENTER AND OVERPRINT READING UP. ONLY 22 COPIES ARE KNOWN UNUSED.

According to Canal Zone Stamps, one pane of 100 was printed. It was sold in March 1909 to the Panama Railroad Co. and all but 22 copies were used before the error was discovered. Only about thirteen used copies were recovered after the error was noticed. The stamp offered here, with sheet margin at top, is especially desirable.

Ex Drucker. With 1971 A.P.S. certificate.

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3,750
2,900
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