Position 63 - 1996-02-01 Transaction Summary



Purchase Date:
1996-02-01
How Purchased:
Auction
Where Purchased:
Christie's Robson Lowe
Auction No.:
8364
Lot No.:
386
Sound/Fault:
Fault
Catalogue Value:
$ 145,000
Realized:
$ 79,500
Seller:
Anonymous
Buyer:
Anonymous

Description

24c Carmine Rose & Blue, Center Inverted (C3a), position 63, attractive example with beautiful deep rich colors, an unused example without gum, single unpunched perforation at right, very tiny shallow trivial thin speck of very little significance and which shows only in fluid,

OTHERWISE FINE, AN ATTRACTIVE AND VERY DESIRABLE EXAMPLE OF THIS FAMOUS UNITED STATES TWENTIETH CENTURY RARITY, Scott retail $145,000.00

Provenance: John Crichton-Stuart (Fourth Marquess of Bute), Fifth Marquess of Bute

Expertization: with photocopies of 1959, 1964 and ยท1979 P.F. certificates which all note a very tiny or trivial thin spot

Note: According to The Inverted Jenny, Money, Mystery and Mania by George Amick, page 189, this example belonged to John Crichton-Stuart, the Fourth Marquess of Bute in "1940. It reportedly lost its gum on Sept. 24, 1940 when the vault of Chancery Lane Safe Deposit, London, was flooded after one of the heaviest German air raids of the war set much of central London ablaze. In 1979 this stamp realized $77,000.00 at public auction.
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