Sale 951 — The Tahoe Collection of Superb Used U.S. Stamps
Sale Date — Wednesday, 27 February, 2008
Category — 1894-98 Bureau Issues
$1.00 Black, Ty. I (276). Perfectly centered with wide even margins, light cancel leaves design clearly visible, intense shade on brilliant paperEXTREMELY FINE GEM. A MAGNIFICENT USED EXAMPLE OF THE $1.00 TYPE I WATERMARKED BUREAU ISSUE, WHICH HAS BEEN AWARDED THE GRADE OF SUPERB 98 BY P.S.E. -- EASILY ONE OF THE FINEST COPIES IN EXISTENCE.
The dollar-value Bureaus are rarely found with centering that would qualify for a high numerical grade, but in used condition they are further handicapped by heavy registry cancels, which almost invariably knock points off the final grade. The $1.00 Type I 1895 Issue offered here is extraordinary not only for its precise centering and wide margins, but the lightly-struck cancel leaves the entire design visible.
With 2002 P.F. and 2008 P.S.E. certificates (Superb 98; SMQ $1,950.00). This is the highest grade awarded to date and only one other shares this lofty grade.
