Sale 1240 — United States Stamps

Sale Date — Tuesday-Wednesday, 20-21 July, 2021

Category — 1847 Issue (Scott 1-2)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
129
ng
Sale 1240, Lot 129, 1847 Issue (Scott 1-2)10c Black (2). Unused (no gum), three large margins, just in at bottom frame, intense shade, small pressed crease at top right

FINE APPEARANCE. AN ATTRACTIVE AND RARE UNUSED EXAMPLE OF THE 10-CENT 1847 ISSUE.

The 1847 Issue is much scarcer in unused condition than other issues, because the stamps were demonetized in 1851. They could be exchanged for the new issue, but once the exchange period ended, the stamps would have no postage value. Considering the purchasing power of ten cents in 1851, it is not surprising that the stamps were either used or exchanged, rather than left for future generations of collectors.

With 2014 P.S.E. certificate. Scott value $15,000.00

E. 1,500-2,000
3,000