Sale 956 — The Jay Hoffman Collection of United States Stamps

Sale Date — Thursday-Friday, 8-9 May, 2008

Category — 1880-83 American Bank Note Co. Special Printing

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
202
og
Sale 956, Lot 202, 1880-83 American Bank Note Co. Special Printing4c Deep Blue Green, Special Printing (211D). Without gum as issued, rich color and proof-like impression

A VERY FINE EXAMPLE OF THE EXCEEDINGLY RARE 4-CENT 1883 AMERICAN SPECIAL PRINTING. ONE OF THE MOST ELUSIVE OF ALL BANK NOTE SPECIAL PRINTINGS.

Our census of the 4c 1883 Special Printing published in the Zoellner catalogue and updated on our website at: http://www.siegelauctions.com/enc/census/211D/211D.htm contains 26 stamps offered as No. 211D, of which 25 have been certified by The Philatelic Foundation. Post Office Department records indicate that only 26 were sold.

The Scott Catalogue value for No. 211D has not been correctly adjusted in relation to its counterparts, such as Scott No. 205C, with which it has always maintained near parity. For example, between 2001 and 2008, Scott No. 205C rose from $28,500 to its current $75,000, while Scott No. 211D only increased from $26,000 to $50,000. In our estimation, the Scott value for No. 211D should be at least $75,000. The copy in our recent Sale 953 realized $75,000 hammer despite a tiny thin, which confirms our assessment of this rarity's true market value.

Census No. 211D-UNC-19. With 1983 and 2002 P.F. certificates.

50,000
95,000