StampNews.com is glad to inform our readers about the latest auction news. This one concerns a cover displaying a strip of three US 1851 1c Benjamin Franklin blues that carries an estimate of US$40,000-60,000 ahead of a major stamp sale at David Feldman (davidfeldman.co
The cover was sent from Buckeystown, Maryland to Johnsonville, Ohio and features an array of date stamps. Congress introduced the stamp in 1851 as part of a bid to reduce postage rates. It displays an image of Benjamin Franklin and was issued in a run of just over 12m.
While payment on collection was still available, the lower cost of postage stamps proved attractive to customers. A 1901 4c Pan-American invert error is also on offer, with a valuation of US$30,000-40,000
Four sheets of the 4c invert were produced deliberately due to a miscommunication
The auction house describes it as an "extremely desirable example of this eye catching invert with absolutely gorgeous deep rich color and clean original gum, much fresher than normally encountered ‒ as the sheet from which these scarce inverts came was stuck to paper backing when it was discovered.
"Of the 200 or so examples that are known to exist, approximately half had Specimen overprints applied; the example offered here is among the few completely sound examples available to collectors".
The sale takes place in Danbury, Connecticut on February 2-4.
Sourced by paulfrasercollec