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 1c Pan-American, Center Inverted (294a). Deep rich colors, unusually choice centering, machine cancel leaves invert clearly visibleEXTREMELY FINE GEM. EASILY ONE OF THE FINEST USED EXAMPLES OF THE
ONE-CENT PAN-AMERICAN INVERT IN EXISTENCE. The 1c Pan-American Inverts were found in at least four different post offices around the country, soon after release of the issue in May 1901. According to the revised Johl-King book (p.7) "The first
known copies of this error were discovered at Bessemer, Alabama, by the Carrell Jewelry Company on some circulars just prior to mailing them. When they realized the find they had made they lost no time in removing the stamps from the circulars and
thus saved them to philately." Three covers are known with one each used from Bessemer Ala., Oakland Cal. and St. Louis Mo. The 1c Pan-American Invert in used condition is considerably scarcer than unused. With the increased collector demand for
20th Century stamps in used condition, the price of a used 1c Pan-American Invert has surged ahead from $7,000 in 2001 to $13,000 in 2008, in our opinion, it is still undervalued. Ex Mayer. With 1994 and 2003 P.F. certificates (Image) Search for comparables at SiegelAuctions.com |
13,000.00
SOLD for $45,000.00
Will close during Public Auction |
