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 #51
United States 1861-66 Issue
1861 10c green, Premiere Gravure, deep rich color, unused (regummed), fine, with 1951 (listed as Scott 58) and 2019 Philatelic Foundation Certificates, ex-Huber (catalogued as unused without gum)
(*)
Catalog #62B
Catalog Value $3,600
Price Realized
$950.00

Lot #52
United States 1861-66 Issue
1861 3c pink, unused with full original gum, h.r., radiant unmistakably pink color, well centered, nice color, slightly short perf at top and small corner crease at bottom left, v.f., ex-Caspary (3c pink is one of the most difficult stamps to find well centered, original gum, with fresh color. Due to the nature of ink used to print the Pink shade, with exposure to light and other adverse elements, the color tends to oxidize and fade over time)
*
Catalog #64
Catalog Value $14,000
Price Realized
$2,200.00

Lot #53
United States 1861-66 Issue
1861 3c lake, unused with large part original gum, incredibly fresh and rich color, fine, with 2019 PFC,
*
Catalog #66
Catalog Value $2,000
Price Realized
$550.00

Lot #54
United States 1861-66 Issue
1861 5c buff, unused without gum, couple of shorter perforations, good color, fine appearance, with 1952 (unused but regummed) and 2019 Philatelic Foundation Certificates (catalogued as unused without gum)
(*)
Catalog #67
Catalog Value $10,500
Price Realized
$1,800.00

Lot #55
United States 1861-66 Issue
1861 24c brown lilac, unused part original gum, h.r., beautiful and delicate color, fresh and fine stamp, with 1952 and 2019 Philatelic Foundation Certificates, ex-Huber,
*
Catalog #70a
Catalog Value $3,250
Price Realized
$950.00

Lot #56
United States 1861-66 Issue
1861 24c steel blue, unused with large part original gum, h.r., usual centering, slightly short perf at top left, otherwise a fine example of this rare shade, with 1960 and 2019 Philatelic Foundation Certificates,
*
Catalog #70b
Catalog Value $16,500
Price Realized
$2,600.00

Lot #57
United States 1861-66 Issue
1861 24c pale gray violet, unused with original gum, h.r., good color and well centered, reperforated at left, still fine and very rare shade, with 1957 (as No.60, genuine, unused) and 2019 Philatelic Foundation Certificates. A 24c pale gray violet unused with original gum is one of the most difficult U.S. stamps to obtain,
*
Catalog #70d
Catalog Value $25,000
Price Realized
$5,500.00

Lot #58
United States 1861-66 Issue
1861 90c blue, unused without gum, well centered with wide margins, v.f., with 1952 and 2019 Philatelic Foundation Certificates (catalogued as unused without gum)
(*)
Catalog #72
Catalog Value $1,200
Price Realized
$550.00

Lot #59
United States 1861-66 Issue
1861 3c scarlet, unused without gum, fresh color and well centered, tiny perforation flaws and a light horizontal bend at top, fine appearance of this rare trial printing, with 2019 PFC (many examples of the 3c scarlet are either somewhat faded or poorly centered, the copy offered here is quite nice, catalogued as unused, previously hinged, not catalogued without gum)
(*)
Catalog #74
Catalog Value $7,000
Price Realized
$2,000.00

Lot #60
United States 1861-66 Issue
1861 5c red brown, unused with full original gum, h.r., nice color and well centered, small thin spots and few short perforations at right, fine appearance, with 2019 PFC,
*
Catalog #75
Catalog Value $5,750
Price Realized
$675.00

Lot #61
United States 1861-66 Issue
1861 24c grayish lilac, unused with original gum, hinge remnants, fresh color, fine, with 2019 PFC,
*
Catalog #78a
Catalog Value $2,750
Unsold

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