Position 89

Position 89
Position 89

Gum:

DOG

Condition:

Fault

Perf Condition:

Intact

Paper Condition:

Crease, Thin

Summary

The first record we have of Position 89 is a Harmer, Rooke auction of the William Fitts estate in 1954. It next appeared on the market in the 1965 Siegel Rarities sale, where it sold to the famous stamp dealer Raymond Weill. In 1970 it appeared in a H.R. Harmer's auction, and was off the market until the 1982 Siegel Rarities sale.

Position 89 sold again in 1983 to Sam Malamud of Ideal Stamp Company. Our next record of the stamp is its offering in the 2007 auction of the Alphonse Maffeo Collection.

From 2007 to 2014, Position 89 appeared six times at auction, each time offered through the Bennett firm.

Owners:

Certification

1991
PF
Certificate No. 241289
 
IT IS GENUINE WITH DISTURBED O.G. A THIN SPOT AND A LIGHT DIAGONAL CREASE AT BOTTOM LEFT.
2012
PF
Certificate No. 504482
 
IT IS GENUINE, WITH DISTURBED O.G., A LIGHT DIAGONAL CREASE AT BOTTOM LEFT AND A THIN SPOT AT LOWER RIGHT.

Transactions:

Date
Type
Where Sold
Seller
Buyer
Condition
Cat. Value
Realization
1918-05-20
Sound
$ 15,000
1918-05-21
Sound
$ 20,000
1954-11-09
H Rooke NY
Anon.
Fault
$ 4,000
$ 2,800
1965-02-24
Siegel
Anon.
Sound
$ 12,500
$ 12,500
1970-02-18
HRH NY
Anon.
Anon.
Fault
$ 25,000
$ 23,000
1982-04-24
Siegel
Anon.
Anon.
Fault
$ 145,000
$ 82,500
1983-06-16
Siegel
Anon.
Fault
$ 150,000
$ 71,500
2007-02-20
Bennett
Anon.
Fault
$ 275,000
$ 218,500
2007-12-16
Bennett
Anon.
Unsold
Fault
$ 400,000
$ 0
2008-04-01
Heritage
Anon.
Fault
$ 400,000
$ 327,750
2012-02-28
Bennett
Anon.
Fault
$ 450,000
$ 172,500
2012-09-11
Bennett
Anon.
Anon.
Sound
$ 450,000
$ 184,000
2014-05-13
Bennett
Anon.
Anon.
Fault
$ 450,000
$ 264,500

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

Date
Type
Where Sold
Condition
Cat. Value
Realization
% Cat. Val.
1954-11-09
H Rooke NY
Fault
$ 4,000
$ 2,800
0.7
1965-02-24
Siegel
Sound
$ 12,500
$ 12,500
1
1970-02-18
HRH NY
Fault
$ 25,000
$ 23,000
0.92
1982-04-24
Siegel
Fault
$ 145,000
$ 82,500
0.569
1983-06-16
Siegel
Fault
$ 150,000
$ 71,500
0.477
2007-02-20
Bennett
Fault
$ 275,000
$ 218,500
0.795
2008-04-01
Heritage
Fault
$ 400,000
$ 327,750
0.819
2012-02-28
Bennett
Fault
$ 450,000
$ 172,500
0.383
2012-09-11
Bennett
Sound
$ 450,000
$ 184,000
0.409
2014-05-13
Bennett
Fault
$ 450,000
$ 264,500
0.588
Position 89: 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.