Sale 1202 — The James Depew Collection of Superb U.S. Coils and 20th Century Imperforate Issues
Sale Date — Wednesday, 22 May, 2019
Category — 1910-11 Perf 12 Horizontal Coils, Single-Line Watermark (Scott 387-389)
Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
2394
2c Carmine, Coil (388). Pair, left stamp small Scott Stamp & Coin Co. backstamp, deep rich color and proof-like impression, gorgeous centering with unusually wide and balanced marginsEXTREMELY FINE GEM. A MAGNIFICENT ORIGINAL-GUM PAIR OF THE SCARCE 1910 2-CENT HORIZONTAL COIL, SCOTT 388, GRADED XF-SUPERB 95 BY P.S.E. THIS IS THE HIGHEST GRADE AWARDED.
This 2c coil was in production for only a short period of time before being superseded by the Perf 8-1/2 issue. Due to the greater popularity of the horizontal coils with users, combined with a wary attitude by many collectors that early coils were simply trimmed stamps, most were used and few preserved.
With 1970, 1988 P.F. and 2008 P.S.E. certificates (OGph, XF-Superb 95; SMQ $6,750.00). This is the highest grade awarded to any Scott 388 pair. No other regular pairs grade higher than 85.
3,750
4,750