Sale 1234 — The Gary Petersen Collection of Important United States Stamps

Sale Date — Thursday-Friday, 29-30 April, 2021

Category — 1902-08 Issues including Rare Coils (Scott 308-322)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
295
og
Sale 1234, Lot 295, 1902-08 Issues including Rare Coils (Scott 308-322)5c Blue, Coil (317). Pair, original gum, bottom stamp barely hinged, top stamp h.r., deep rich color and detailed impression

VERY FINE AND CHOICE PAIR OF THE 5-CENT BLUE VERTICAL COIL, SCOTT 317.

According to Johl, these first government coils were an experiment, and collectors and dealers were generally unaware of their existence. Regular sheets of 400 were printed and then perforated in only one direction. They were then cut into strips of 20. The strips were hand pasted together to form rolls. As such, they are almost always strongly centered to one side. The futility of attempts to find sound and centered examples has resulted in very few even being considered for grading -- only three pairs and five singles have been graded (highest grade for a pair is 85).

With 1937 A.P.S. and 1989 P.F. certificates

15,000
8,500