Sale 1219 — The Edward Morton Collection of Outstanding Quality U.S. Stamps
Sale Date — Wednesday-Thursday, 8-9 April, 2020
Category — 1875 Re-Issue of 1861-66 Issue (Scott 102-111)
24c Deep Violet, Re-Issue (109). Original gum, lightly hinged, deep rich color and proof-like impression, choice centering with balanced marginsEXTREMELY FINE GEM. THIS IS EASILY ONE OF THE FINEST ORIGINAL-GUM EXAMPLES OF THE 24-CENT 1861 RE-ISSUE.
The 24c Re-Issue was printed from the original plate of 200 subjects. 10,000 were printed (50 impressions). Only 346 of the 24c were sold; the remaining 9,654 were destroyed on July 16, 1884. The quantity sold for the 24c (346) is close in number to several lower values, including the 12c and 15c (389 and 397, respectively). However, the 24c is scarcer and appears less frequently at auction. It is also one of the three values most difficult to obtain in choice original-gum condition (the others are the 3c and 30c).
With 1967 and 1998 P.F. certificates. With 2004 P.S.E. certificate (OGph, XF 90; SMQ $12,600.00). This is a very conservative grade in our opinion. Viewed in relation to P.S.E.'s grading guide, we feel this is deserving of a 95. In any case, only two stamps grade higher than this 90 (both at 95)
