Sale 1231 — The James P. Myerson Collection of Superb United States Stamps
Sale Date — Tuesday-Wednesday, 9-10 February, 2021
Category — 1857-60 Issue and 1875 Reprint (Scott 18-47)
24c Gray Lilac (37). Essentially perfect centering with extra wide margins at sides, bright color, light strike of red grid cancel leaves the entire design clearly visibleEXTREMELY FINE GEM. A SUPERB USED EXAMPLE OF THE 24-CENT 1860 ISSUE, GRADED SUPERB 98 BY P.S.E. -- THIS IS THE HIGHEST GRADE AWARDED.
The 24c stamps were not printed and put into use until July 1860 (earliest documented use is July 7). The issue was demonetized thirteen months later. The 24c denomination matched the U.S.-G.B. treaty rate, and the stamp was primarily used on letters to England. These circumstances of a short life and limited use, combined with Toppan Carpenter's typically erratic perforating, are the reasons why superb used examples of the 24c 1860 are so difficult to find.
Ex "Natalee Grace". With 1999 P.F. and 2007 P.S.E. certificates (Superb 98; SMQ $8,000.00). This is the highest grade awarded and only five others share this desirable grade.
