Sale 1231 — The James P. Myerson Collection of Superb United States Stamps

Sale Date — Tuesday-Wednesday, 9-10 February, 2021

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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 — 1857-60 Issue and 1875 Reprint (Scott 18-47)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
70
 
Sale 1231, Lot 70, 1857-60 Issue and 1875 Reprint (Scott 18-47)10c Green, Ty. IV (34). Position 64L1, recut at top and bottom, deep rich color, choice centering with balanced margins, red cancel

EXTREMELY FINE. AN OUTSTANDING EXAMPLE OF THE PERFORATED 1857 10-CENT TYPE IV FROM THE ONLY POSITION RECUT AT BOTH TOP AND BOTTOM -- CANCELLED IN RED AND GRADED XF 90 BY P.S.E.

The 1857 10c Type IV stamps come from only eight positions scattered throughout Plate 1, that have the top, bottom, or in the case of Position 64L (the stamp offered here), both lines recut. 64L1 is the only position to show both lines recut and as such it is the best example of the type. Only 4% of all 10c Plate 1 stamps produced were Type IV, and an even smaller percentage was issued with perforations.

With 1987 P.F., 1995 and 2003 P.S.E. certificates (XF 90; SMQ $6,000.00 without regard to the double recut). There are four stamps in the P.S.E. Population Report graded higher than this example -- at 95. We have offered two of them and neither is from Position 64L. This is the highest graded example of this premium position we have offered

2,775
4,500