Closed Auction

By:
Cherrystone Auctions

lot # 7 - United States 1847 Issue

Tuesday Oct 12, 2021 10:00 to Wednesday Oct 13, 2021 16:00 America/New_York

1847 10c black, position 41R, showing Double Transfer Type "D" (left and bottom frames) variety, unused without gum, margins close but clear at bottom left, ample at right and showing part of adjoining stamp at top, light creases, intense color, fine appearance, with 1952 and 2019 Philatelic Foundation certificates (catalogued as ordinary stamp, without gum. Double transfer is only priced used at more than twice over the regular stamp) (both 5c and 10c 1847 Issue are much scarcer in unused condition than other issues, because the stamps were demonetized in 1851. They could be exchanged for the new issue, but once the exchange period ended, the stamps would have no postage value. Considering the purchasing power of ten cents in 1851, it is not surprising that the stamps were either used or exchanged, rather than left for future generations of collectors in a hobby that did not yet exist. The small faults on this example are not readily visible and so do not detract from its appearance)
Cat. Val. $15,000
Estimate: $4000

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