Past Auction: July 2019

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Description Bidding

Lot #164

United States 1901 Pan-American Exposition

1901 4c deep red brown and black, Center Inverted, unused (regummed), h.r., nice color, repairs (including a sealed tear), fine appearance, with 2019 PFC (it has been reported that a total of 203 4c Inverts were released, both with and without the small "Specimen" overprint (it is not known how many were overprinted). Some examples, both with and without the overprint, were given away by Third Asst. Postmaster General Edwin C. Madden. When postal authorities learned of the practice, they destroyed 194 copies and put one pane of 100 into the official archives. At a later date, 97 of these were traded for rarities missing from the archives. Scott notes that "Almost all unused examples of No. 296a have partial or disturbed gum. Values are for examples with full original gum that is slightly disturbed")
(*)
Catalog #296a
Catalog Value $85,000

Price Realized
$7,500.00

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