Position 74

Position 74
Position 74

Gum:

OGph

Condition:

Sound

Perf Condition:

Intact

Summary

This stamp, Position 74, was owned by former U.S. Senator Joseph S. Frelinghuysen (1869-1948), a second cousin of Peter H. B. Frelinghuysen Jr.

Senator Joseph Frelinghuysen sold the stamp at auction through George B. Sloane on December 14, 1932, and the successful bid of $2,750 was made by a "Mrs. F" of Morristown N.J., the mother of Peter H. B. Frelinghuysen Jr. At the time of the Sloane sale the stamp was still Mint N.H., and the price paid was a record.

The Inverted "Jenny" was the centerpiece of 18-year old Peter H. B. Frelinghuysen Jr.'s exhibit of worldwide air post stamps at the February 1934 National Stamp Exhibition held at Rockefeller center in New York City. The teenage philatelist won a gold medal, and Stamps magazine remarked, "All the great rarities were included." This stamp remained with the Frelinghuysen family from 1932 until its sale in 2011 by Siegel Auction Galleries.

Owners:

Certification

2012
PF
Certificate No. 503851
 
IT IS GENUINE, PREVIOUSLY HINGED

Transactions:

Date
Type
Where Sold
Seller
Buyer
Condition
Cat. Value
Realization
1918-05-20
Sound
$ 15,000
1918-05-21
Sound
$ 20,000
1932-12-14
GB Sloane
Sound
$ 2,750
2011-10-21
Siegel
Anon.
Sound
$ 450,000
$ 718,750

Graph of Realizations for This Position in Relation to Catalogue Value:

Date
Type
Where Sold
Condition
Cat. Value
Realization
% Cat. Val.
2011-10-21
Siegel
Sound
$ 450,000
$ 718,750
1.597
Position 74: Scott Catalog Value vs. Realizations
Copyright 2017. All rights reserved by Siegel Auction Galleries Inc. and Inverted Jenny.com. Information and images may be used with credit to Siegel/InvertedJenny.com subject to guidelines and restrictions.