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1c Blue, Ty. I (5). Position 7R1E, beautiful rich Plate 1 Early color and sharp impression, full to large margins showing trace of Position 8R1E at right, only the tips of the upper left side ornaments are
shaved (and barely so), lightly tied by blue "Philadelphia Pa. 1 Paid Feb. (1852)" integral-rate circular datestamp on blue folded First Annual Report of the United States Life Insurance, Annuity & Trust Company with beautiful two-tone
illustration of building on inside, also printed on large portion of address panel, addressed to J. F. Van Nort in Newburgh N.Y., horizontal fold at top well clear of stamp, which is entirely sound EXTREMELY FINE. A RARE SOUND FOUR-MARGIN
EXAMPLE OF POSITION 7 FROM THE RIGHT PANE OF PLATE ONE EARLY. POSITION 7R1E IS THE ONLY ONE AMONG THE 1,000 SUBJECTS ON THE PLATES THAT PRODUCED IMPERFORATE ONE-CENT STAMPS TO SHOW THE FULL DESIGN -- TYPE I, SCOTT NUMBER 5 -- AND ITS EXTREME RARITY
IS GREATLY MULTIPLIED WHEN SOUND CONDITION BECOMES A FACTOR. THIS IS ONE OF THE FINEST EXAMPLES ON OR OFF COVER. The published census compiled by Jerome S. Wagshal (available from our website at http://siegelauctions.com/dynamic/census/5/5.pdf) contains at least 98 unduplicated records of Scott 5. There are probably no more than ten examples existing outside of the
Wagshal census population. Therefore, the 1c 1851 Type I is the rarest of all United States stamps issued regularly prior to the 1868 Grills. Fewer than 20 covers still survive with Position 7R1E. Because of the significance attached to the
outer portions of the 1c 1851 design, rare types that have been carefully cut apart, so as not to impinge on any part of the design, are extremely desirable. The narrow spacing between stamps in the sheet and the users' indifference to the outlying
ornamentation during separation are factors that contributed to the great rarity of four-margin examples. Time has also not been kind to the surviving population, as very few examples of Scott 5 are sound. The example offered here is not only sound,
it is especially desirable because it shows the complete design all around, including the essential elements of Type I, the top and bottom ornamentation. Examples of Position 7R1E on cover present an even greater challenge to collectors who have
strict condition standards. Most of the recorded covers with 7R1E have examples which are faulty and/or cut-into. Without question, the greatest 7R1E cover is the famous ex-Newbury cover with a strip of three, Positions 7-9R1E, cancelled in red (also
ex Ishikawa and Boker, and now in an important West Coast collection). The runner-up, in terms of quality, is arguably the cover offered here, which once reposed in the Caspary collection and was acquired by Raymond Vogel more than 40 years
ago. Wagshal Census No. 5-COV-074. Ex Caspary (Image) Search for comparables at
SiegelAuctions.com |
95,000.00
SOLD for $105,000.00
Will close during Public Auction |