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 #36
United States 1875 Reprints of the 1857-61 Issue
1875 1c bright blue, unused without gum as issued, well centered, v.f., with 2019 PFC,
(*)
Catalog #40
Catalog Value $575
Price Realized
$425.00

Lot #37
United States 1875 Reprints of the 1857-61 Issue
1875 3c scarlet, unused without gum as issued, intense color, well centered for this difficult issue, pulled perforation at right, otherwise fine, only 479 sold, with 2019 PFC,
(*)
Catalog #41
Catalog Value $2,750
Price Realized
$950.00

Lot #38
United States 1875 Reprints of the 1857-61 Issue
1875 5c orange brown, unused without gum as issued, beautiful color on white paper, well centered for this issue, slightly shorter perforation at upper left, otherwise v.f., only 878 sold, with 2019 PFC,
(*)
Catalog #42
Catalog Value $1,150
Price Realized
$575.00

Lot #39
United States 1875 Reprints of the 1857-61 Issue
1875 10c blue green, unused without gum as issued, usual centering, beautiful color, fresh and fine, only 516 sold, with 2019 PFC,
(*)
Catalog #43
Catalog Value $2,500
Price Realized
$1,600.00

Lot #40
United States 1875 Reprints of the 1857-61 Issue
1875 12c greenish black, unused without gum as issued, usual centering, rich color, fresh and fine, only 489 sold, with 2019 PFC,
(*)
Catalog #44
Catalog Value $2,750
Price Realized
$1,900.00

Lot #41
United States 1875 Reprints of the 1857-61 Issue
1875 24c blackish violet, unused without gum as issued, typical centering, beautiful color, fine, only 479 sold, with 2019 PFC,
(*)
Catalog #45
Catalog Value $3,000
Price Realized
$1,900.00

Lot #42
United States 1875 Reprints of the 1857-61 Issue
1875 30c orange yellow, unused without gum as issued, usual centering, bright color, few shorter perforations as often, fine, with 2019 PFC,
(*)
Catalog #46
Catalog Value $3,000
Price Realized
$1,400.00

Lot #43
United States 1875 Reprints of the 1857-61 Issue
1875 90c blue, unused without gum as issued, deep intense color, few shorter or slightly blunted perforations at bottom, still fine, with 1952 and 2019 Philatelic Foundation Certificates, ex-E. J. Huber,
(*)
Catalog #47
Catalog Value $3,500
Price Realized
$1,400.00

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