Sunday, October 9, 2011

Auctions: Scarsdale Collection Part 6, November 3, 2011, Robert Siegel Galleries

The 1898 revenue series consists of a small group of stamps compared to those in use for the civil war.  Yet the series has given revenue collectors some of the field's greatest rarities.  Siegel is conducting part 6 of its sale of the Scarsdale collection, and this sale contains the prime Scott listed rarities of the 1898 series, including the gem, R158B, the Daprix overprint on the 1c Trans-Mississippi postage stamp. 



Scott R158b

I. R.
P. I. D. & Son.

Lot 100 from current Siegel Sale 1015:  Listed for $35,000
In Siegel Sale 915 of Henry Tolman's material a copy of R158b sold for $35,000.
In the more recent Siegel 977 Whitpain sale of a more faulty R158b, the lot sold for $15,500.

From Siegel:  FINE APPEARANCE. ONE OF THREE RECORDED EXAMPLES OF THE ONE-CENT TRANS-MISSISSIPPI ISSUE WITH THE "I.R./P.I.D. & SON" PROVISIONAL OVERPRINT. ONLY TWO OF THE THREE ARE UNUSED, AND THIS IS THE ONLY EXAMPLE TO RETAIN ANY OF ITS ORIGINAL GUM. ONE OF THE GREATEST RARITIES OF REVENUE COLLECTING.






Scott R158a

I. R.
L. H. C.

AUG 17 1898 handstamp

Listed for $11,500

from Siegel:  VERY FINE APPEARANCE. A RARE EXAMPLE OF THE ONE-CENT CHAPMAN OVERPRINT. ONLY SEVENTEEN COPIES ARE RECORDED IN TOTAL. ONE OF THE GREATEST REVENUE RARITIES.

According to Scott Catalogue, the 1c Trans-Mississippi was overprinted by the Purvis Printing Company with federal government approval. They were ordered by L. H. Chapman of the Chapman Steamboat Line, which operated freight-carrying steamboats along the Erie Canal. Only 250 stamps were produced, additionally, 250 were printed reading "I.R./P.I.D. & Son", for P.I. Daprix & Son, which served different ports along the same waterway.



Scott R156
Siegel Lot 96

Cancelled:

I. R.

handstamp

M. M. L.
I. C.
7/12/98

manusript

listed for $5,750

from Siegel:  A large quantity of 1c and 2c stamps were printed with an "I.R." overprint (Scott R153, R154, R155 and R155A). Additionally, small quantities were produced in the 8c, 10c and 15c denominations. These issues mark the first time that the United States had to resort to surcharging. According to Sloane's Column (Jul. 31, 1948), the Michigan Mutual Life Insurance Co. handstamped copies of the 8c, 10c and 15c regular issues over a period of five days in July 1898. Sloane states these provisional revenues were brought to the philatelic market by J. E. Scott, a collector and employee of the company. J. E. Scott reported that the company used 41 copies of the 8c, 66 of the 10c and 28 of the 15c. The Scott Retail values support this relative mix of supply.






Scott R157

Siegel Lot 97

cancelled: 

I. R.

handstamp

M L
7/22

manuscript

listed for $4,500




Scott R158

Siegel Lot 98

cancelled:

I. R.

handstamp

M M
L I Co.
July 11/98

manuscript

listed for $6,750



Spectacular examples of less rare yet still scarce stamps are also up for auction in this sale:



Scott R180

Siegel Lot 102

listed for $1,600




Scott R181

Siegel Lot 103

Listed for $400




Scott R194

Siegel Lot 106

listed for $2,250

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