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 — Drs. Joanne and Edward Dauer Collection of Encased Postage (EP1/EP58A)

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Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
2418
 
Sale 1227, Lot 2418, Drs. Joanne and Edward Dauer Collection of Encased Postage (EP1/EP58A)Aerated Bread Co., New York, 1c Blue (EP1). Stamp with fresh color, slight mica wrinkling and lamination at left

VERY FINE. AN EXCEPTIONAL EXAMPLE OF THE VERY RARE AERATED BREAD COMPANY ONE-CENT ENCASED POSTAGE.

The Aerated Bread Co. was located on the corner of Lafayette Place and 4th Street in New York City. The firm was based on the novel "aerated" bread process, but it folded after two years. Aerated Bread Co. produced only two denominations of encased postage -- 1c and 5c -- but the 5c is believed to be unique; therefore, the only practical way to represent this firm is with one of the 11-15 examples of the 1c value.

Ex "Summit"

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7,000
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