Sale 1199 — Gem-Quality United States Stamps
Sale Date — Wednesday-Thursday, 1-2 May, 2019
Category — 3c-12c 1851-56 Issue (Scott 10-17)
Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
1039
5c Red Brown (12). Huge margins all around including significant portions of adjoining stamps at sides, radiant color on bright paper, unobtrusive strikes of New Orleans circular datestampEXTREMELY FINE GEM. A STUNNING USED EXAMPLE OF THE 5-CENT 1856 ISSUE WHICH IS GRADED SUPERB 98 JUMBO BY P.S.E. -- THIS IS THE HIGHEST GRADE AWARDED.
The 5c stamp was issued in 1856, five years after the 1c, 3c and 12c values and one year after the 10c were issued. It was typically used to pay the 5c shore-to-ship rate for mail sent overseas and also in multiples for the 10c transcontinental or 15c U.S.-French treaty rates. The short time frame of use and its use for specific limited purposes means that supplies were limited.
With 2006 P.S.E. certificate (Superb 98 Jumbo; SMQ $9,250.00). This is the highest grade awarded and it is shared by only three others.
700
5,250
