Sale 972 — The Laila Collection of United States Stamps

Sale Date — Monday-Tuesday, 27-28 April, 2009

Category — 1857-60 Issue (Scott 18-39)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
3039
og
Sale 972, Lot 3039, 1857-60 Issue (Scott 18-39)5c Indian Red (28A). Part original gum, beautiful color in the true Indian Red shade, detailed impression clearly showing the lathework background, light diagonal crease and two small corner creases at top right

FINE APPEARANCE. A RARE ORIGINAL-GUM EXAMPLE OF THE 1857 5-CENT INDIAN RED ISSUE. THIS IS ONE OF THE RAREST ORIGINAL-GUM STAMPS IN UNITED STATES PHILATELY -- ONLY FOUR INDIAN RED STAMPS WITH ANY AMOUNT OF GUM ARE CONTAINED IN OUR RECORDS.

Our search of old auction catalogues and the records of the Philatelic Foundation yielded only ten unused examples of Scott 28A. Of these, only four have been described as having any gum whatsoever. These are: 1) the stamp offered in the Whitman sale (Siegel Sale 968, lot 37, realized $130,000 hammer), previously in the 1941 C. A. Brown sale by Harmer, Rooke & Co. where described as "full original gum", also ex 1968 Rarities sale and A. T. Seymour Collection (Siegel Sale 373, Apr. 23, 1970, lot 35) where described as "large part original gum" and 2005 Rarities sale (lot 102, realized $75,000 hammer); 2) the "Ambassador" copy (Siegel Sale 300, Apr. 27, 1966, lot 45A), described as part original gum, also ex Argentum (Siegel Sale 807, Feb. 23, 1999, lot 76) where described as "unused (traces of gum)"; 3) the Caspary/Lilly copy, described in both catalogues as full original gum and with light horizontal crease, offered in our auction of the Hoffman Collection (Siegel Sale 956, lot 35, realized $180,000 hammer); and 4) the example offered here, ex Geisler.

Ex Geisler. With 1996 and 2007 P.F. certificates

175,000
110,000