Sale 1202 — The James Depew Collection of Superb U.S. Coils and 20th Century Imperforate Issues
Sale Date — Wednesday, 22 May, 2019
Category — 1908-12 Perf 12 Horizontal Coils, Double-Line Watermark (Scott 352-356)
10c Yellow, Coil (356). Mint N.H. pair, wide margins and well-centered, vibrant colorVERY FINE AND CHOICE. AN EXTREMELY RARE MINT NEVER-HINGED PAIR OF THE 10-CENT PERF 12 COIL, SCOTT 356.
According to Johl (Volume 1, page 181), only 10,000 of the 10c Washington coil stamp were issued. They were made especially for a New York firm to send out advertising samples, similar to the 3c Orangeburg coil. Only a few rolls were sold to the firm, and the remaining rolls were distributed to some of the large post offices across the country. Dealers acquired several rolls, but because most contemporary collectors did not collect coils, many were used and destroyed.
With 2009 P.S.E. certificate (VF 80; SMQ $14,500.00). Only one Mint N.H. pair of Scott 356 grades higher -- the 95 offered in our Whitman and "Golden Oak" sales. This VF 80 graded pair is the next highest and is the only example in this grade.
