Sale 1202 — The James Depew Collection of Superb U.S. Coils and 20th Century Imperforate Issues
Sale Date — Wednesday, 22 May, 2019
Category — 1916-18 Perf 10 Horizontal Rotary Press Coils, Unwatermarked (Scott 490-497)
2c Carmine, Ty. II, Coil (491). Mint N.H., deep rich color, detailed impression, beautiful centering for this difficult issue with balanced marginsEXTREMELY FINE. A VERY RARE CENTERED MINT NEVER-HINGED EXAMPLE OF THE 2-CENT ROTARY TYPE II COIL, SCOTT 491.
Unlike many other issues, this horizontal coil is much scarcer than its the vertical coil counterpart (Scott 487). The Type II horizontal coil, Scott 491, was in production for only a short period of time before being replaced by the Type III, Scott 492. Only about a month separates the EDU's for the two coils (Dec. 19, 1916 for No. 491 and Jan. 13, 1917 for No. 492).
With 1985 and 2016 P.F. certificates. With 2017 P.S.E. certificate (XF 90; SMQ $8,750.00). This is the highest graded Mint N.H. single of Scott 491 and no others share this grade. The next two highest examples are graded F 70 and VF 80. SMQ is woefully out of date as the last time we sold this stamp, in 2017, it realized $23,000 hammer
