The New Amsterdam Collection of United States Rarities
July 10, 2019

The New Amsterdam Collection of United States Stamps sold for close to $7 Million on 10th July 2019. Hundreds of floor and internet bidders competed for just 220 lots at auction which took almost four hours to complete. With the final hammer, the New Amsterdam Collection took its rightful place among the most valuable stamp collections in philatelic history.

The New Amsterdam Collection was formed over fifty years ago, its mission to complete spaces in a newly acquired Scott National Postage Album. Most of the material was acquired through Dumont Stamp Company, an old established and respected dealership which was in midtown Manhattan in the 1970s.

Competition was intense, especially for the top items. The absolute highlights of the auction were the two 1867 "Z" Grills, each with a pre-sale estimate of $750,000. The 10c green (Washington) fetched $1,150,000 and 15c gray black (Lincoln) $1,610,000, the latter setting a record for a single United States stamp sold at auction.

Additional rare Grills realized $661,250 for a 3c "B" Grill and $172,500 for a 30c "A" Grill. Other noteworthy results include $287,500 for 1869 30c Pictorial with Inverted flags and $402,500 for 24c Inverted Jenny. A rare 2c coil pair estimated at $300,000 was hammered down at $805,000. All results include Cherrystone's 15% buyer's premium.

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ImagesDescriptionBidding
Lot #12
United States 1851-57 Issue
1851 1c blue, Type I, part New York postmark in black, margins just in at top, ample to large on other sides, light corner crease at bottom right, fresh early shade and strong impression, fine example of the rare 1c blue Type I, with 2019 PFC (Wagshal Census 5-CAN-042, last appeared in the 1962 Vahan Mozian sale (where it apparently sold for $1,400 with a then catalogue value of $1,350)
O
Catalog #5
Catalog Value $65,000
Price Realized
$21,000.00

Lot #13
United States 1851-57 Issue
1851 1c blue, type IA, position 98L4, unused with large part original disturbed gum, bottom sheet margin single, just touching at left, several small toned spots, brilliant rich color, fine and seldom offered unused 1c blue, type Ia with original gum and sheet margin, with 2019 PFC, ex-Caspary
*
Catalog #6
Catalog Value $45,000
Unsold
Lot #14
United States 1851-57 Issue
1851 1c blue, position 42R2, unused (regummed), just in at top, with portion of adjoining stamp at bottom, brilliant color, fresh and fine stamp, with 2019 PFC (catalogued as unused without gum)
(*)
Catalog #7
Catalog Value $375
Price Realized
$250.00

Lot #15
United States 1851-57 Issue
1851 1c blue, Type III, position 28R4, lightly canceled (appears unused), with large part original gum, margins all around, showing clear breaks in both top and bottom lines, v.f., with 2019 PFC,
O
Catalog #8
Catalog Value $1,700
Price Realized
$1,900.00

Lot #16
United States 1851-57 Issue
1851 1c blue, Type IIIa, horizontal pair with pane margin and center line at right, positions 89-90L4, unused without gum, close to just touching at bottom, still showing clear breaks in both top and bottom lines, with part of adjoining stamp at upper right, tiny natural inclusions, v.f., with 2019 PFC (catalogue value for two unused singles, without gum)
(*)
Catalog #8A
Catalog Value $4,500
Price Realized
$2,400.00

Lot #17
United States 1851-57 Issue
1851 3c orange brown, position 8L0, unused without gum, margins just in at top, incredibly fresh and rich color, fine, with 2019 PFC (catalogued as unused without gum)
(*)
Catalog #10A
Catalog Value $1,250
Price Realized
$500.00

Lot #18
United States 1851-57 Issue
1851 3c dull red, unused with original gum, h.r., margins all around except just in at bottom left, fine, with 2019 PFC,
*
Catalog #11A
Catalog Value $250
Price Realized
$100.00

Lot #19
United States 1851-57 Issue
1851 5c deep red brown, plate proof on wove paper with gum added, v.f., with 2019 PFC
P
Catalog #12TC5c
Price Realized
$525.00

Lot #20
United States 1851-57 Issue
1851 10c green, Type I, unused without gum, margins all around, fresh color and sharp impression, horizontal crease at top, otherwise v.f., rare unused stamp, with 2019 PFC (catalogued as unused without gum)
(*)
Catalog #13
Catalog Value $8,500
Price Realized
$2,600.00

Lot #21
United States 1851-57 Issue
1851 10c green, Type II, unused without gum, large margins all around, v.f., with 2019 PFC (catalogued as unused without gum)
(*)
Catalog #14
Catalog Value $1,800
Price Realized
$1,100.00

Lot #22
United States 1851-57 Issue
1851 10c green, Type III, unused without gum, huge margins all around, light diagonal creases, otherwise v.f., with 2019 PFC (catalogued as unused without gum)
(*)
Catalog #15
Catalog Value $1,800
Price Realized
$500.00

Lot #23
United States 1851-57 Issue
1851 10c green, Type IV, position 54L, unused without gum, margins touching at top, ample to large on all other sides, nice color, horizontal crease at top, fine appearance, with 2019 PFC (catalogued as unused without gum)
(*)
Catalog #16
Catalog Value $15,000
Price Realized
$1,900.00

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