Sale 1227 — Outstanding United States Stamps and Gold Coins

Sale Date — Monday-Friday, 19-23 October, 2020

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*A buyer’s premium of 18% of the winning bid was added as part of the total purchase price on all lots in this sale. Buyers were responsible for applicable sales tax, customs duty and any other prescribed charges. By placing a bid, bidders agreed to the terms and conditions in effect at the time of the sale.

Category — 12c-90c 1857-60 Issue (Scott 36-39)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
2283
 
Sale 1227, Lot 2283, 12c-90c 1857-60 Issue (Scott 36-39)90c Blue (39). Centered slightly to right and bottom, vivid red grid cancel, completely sound

FINE. FAR SUPERIOR TO THE TYPICAL CONDITION OF A GENUINELY USED 90-CENT 1860 ISSUE.

The 90c stamp was issued in 1860, along with the 24c and 30c values, all of which were needed to prepay high international letter rates established by various postal treaties. The basic 24c and 30c rates to England, France and Germany created a volume of mail franked with those values. However, the 90c saw much more limited use, partly due to the rates in effect, but more because of the American Civil War. When supplies of current postage stamps were declared invalid in the South and ultimately demonetized by the Federal government, the 90c had been in use for only one year. For this reason, genuinely cancelled copies are scarce, and covers bearing the 90c are extremely rare. Approximately 180 used examples have been certified by The Philatelic Foundation, of which only one-quarter are sound. This sound stamp with a vivid red cancel is very desirable.

With 2009 P.S.E. certificate

11,000
4,000