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 #24
United States 1857-61 Issue
1857 1c blue, Type I, unused with fresh original gum, h.r., nicely centered with attractive margins for this tightly-spaced issue with fully visible design elements, tiny natural inclusion at top, v.f. for this issue, with 2019 PFC,
*
Catalog #18
Catalog Value $2,100
Price Realized
$1,100.00

Lot #25
United States 1857-61 Issue
1857 1c blue, Type Ia, position 100R4, unused without gum, attractive margins for this tightly-spaced issue with fully visible design elements, incredibly rich color, small sealed tear at upper left, otherwise fine example of this rare stamp, with 2019 PFC (catalogued as unused without gum)
(*)
Catalog #19
Catalog Value $20,000
Price Realized
$6,750.00

Lot #26
United States 1857-61 Issue
1857 1c blue, type II, Relief A, unused without gum, fine, with 2019 PFC (catalogued as unused without gum)
(*)
Catalog #20
Catalog Value $375
Price Realized
$260.00

Lot #27
United States 1857-61 Issue
1857 1c blue, Type III, position 80L4, unused without gum, well centered for this issue, two unpunched perforations at left, v.f., with 2019 PFC (catalogued as unused without gum)
(*)
Catalog #21
Catalog Value $6,000
Price Realized
$3,250.00

Lot #28
United States 1857-61 Issue
1857 1c blue, type IIIa, Plate 11, Relief A, unused without gum, with light plate wash which is natural for Plate 11, fine, with 2019 PFC (catalogued as unused without gum)
(*)
Catalog #22
Catalog Value $825
Price Realized
$525.00

Lot #29
United States 1857-61 Issue
1857 1c blue, Type IV, Relief "B", recut once at top and once at bottom, unused without gum, partly separated by scissors, with pulled perforation and small thin spot at top, tiny red backstamp showing faintly through at bottom right, fine and rare stamp, with 2019 PFC (catalogued as unused without gum)
(*)
Catalog #23
Catalog Value $4,250
Price Realized
$475.00

Lot #30
United States 1857-61 Issue
1857 5c brown, Type I, unused with full original gum, h.r., tiny perf. crease at bottom right, deep and attractive color, fine, with 2019 PFC,
*
Catalog #29
Catalog Value $5,500
Price Realized
$900.00

Lot #31
United States 1857-61 Issue
1857 5c orange brown, unused, with large part original gum, h.r., partly reperforated at upper left, nice color, fine, with 2019 PFC,
*
Catalog #30
Catalog Value $1,200
Price Realized
$270.00

Lot #32
United States 1857-61 Issue
1857 10c green, Type I, unused without gum, centered to top, nice color, tiny corner perf tear at bottom left, otherwise fine, with 1958 and 2019 Philatelic Foundation Certificates (catalogued as unused without gum)
(*)
Catalog #31
Catalog Value $11,500
Price Realized
$2,400.00

Lot #33
United States 1857-61 Issue
1857 10c green, Position 74L, recut once at top, unused without gum, usual centering, deep and fresh color, reperforated at top, otherwise fine and rare unused stamp, with 1952 (clear) and 2019 Philatelic Foundation Certificates, ex-Huber (catalogued as unused without gum)
(*)
Catalog #34
Catalog Value $20,000
Price Realized
$4,250.00

Lot #34
United States 1857-61 Issue
1857 30c orange, unused with original gum, h.r., well centered, natural gum creases and some tiny soiling at bottom left, otherwise v.f., with 2019 PFC,
*
Catalog #38
Catalog Value $1,900
Price Realized
$850.00

Lot #35
United States 1857-61 Issue
1857 90c blue, unused without gum, deep and intense color, few tiny perforation flaws at bottom (really just unpunched perfs), fine appearance, with 2019 PFC (catalogued as unused without gum)
(*)
Catalog #39
Catalog Value $1,200
Price Realized
$750.00

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