Sale 1227 — Outstanding United States Stamps and Gold Coins
Sale Date — Monday-Friday, 19-23 October, 2020
Category — 1894 Unwatermarked Bureau Issue (Scott 246-263)
$1.00 Black, Ty. II (261A). Mint N.H. with right part arrow selvage, intense shade and impression on bright paper, choice centering with wide and balanced marginsEXTREMELY FINE PART ARROW MINT NEVER-HINGED EXAMPLE OF THE 1894 $1.00 UNWATERMARKED TYPE II BUREAU ISSUE.
Collectors of this issue know that it is extremely difficult to find the First Bureau issue in centered, Mint Never-Hinged condition, particularly the higher denominations. This is mostly due to production problems as the Bureau of Engraving and Printing assumed responsibility for stamp production after the American Bank Note Co. contract expired. Examples with selvage are particularly desirable as the lack of watermark is far more obvious. We have not offered another Mint N.H. example graded 90 or higher since 2009.
With 2020 P.S.E. certificate (XF 90; SMQ $14,500.00). Only two Mint N.H. examples grade higher (at 95 and 95J) and only two others share this grade -- a statistic which has not changed since at least 2009
