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.
| Images | Description | Current Bid |
 | Lot #101 United States 1875 Re-Issue of the 1869 Pictorials 1875 3c blue, unused without gum, nice color, some light soiling at top and bottom, slightly rounded corner at bottom right, fine appearance, only 1,406 sold, with 2019 PFC (catalogued as unused without gum) (*) Catalog #125 Catalog Value $2,500 | Price Realized $800.00 |
 | Lot #102 United States 1875 Re-Issue of the 1869 Pictorials 1875 10c yellow, unused with part original gum, heavy hinge remnants and a tiny thin at top, splendid and rich color, fine appearance, with 2019 PFC, * Catalog #127 Catalog Value $1,600 | Price Realized $650.00 |
 | Lot #103 United States 1875 Re-Issue of the 1869 Pictorials 1875 12c green, fresh original gum, l.h., fresh and beautiful color, well centered, natural wrinkles and pulled perforation at bottom right, v.f. appearance, only 1,584 sold, with 2019 PFC, * Catalog #128 Catalog Value $2,000 | Price Realized $1,600.00 |
 | Lot #104 United States 1875 Re-Issue of the 1869 Pictorials 1875 24c green and violet, unused with original gum, heavy hinge remnant, nice colors, fresh and fine, only 2,091 sold, with 2019 PFC, * Catalog #130 Catalog Value $2,000 | Price Realized $575.00 |
 | Lot #105 United States 1875 Re-Issue of the 1869 Pictorials 1875 30c ultramarine and carmine, unused without gum, well centered, incredibly fresh and vibrant colors, faint diagonal crease at bottom, v.f. and beautiful 30c Re-issue, only 1,535 sold, with 2019 PFC (catalogued as unused without gum) (*) Catalog #131 Catalog Value $1,000 | Price Realized $900.00 |
 | Lot #106 United States 1875 Re-Issue of the 1869 Pictorials 1875 90c carmine and black, unused with large part original gum, h.r., perfectly centered, v.f., only 1,356 sold, with 2019 PFC, * Catalog #132 Catalog Value $3,750 | Price Realized $2,300.00 |
