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 #220
Balance of the New Amsterdam Collection
1851-1980 balance of the collection, generally unused singles in a Scott National Postage Stamp Album, 1971 edition, largely complete except for the items offered individually in this sale. Included are earlier imperf. and perf. 19th Century (mixed condition, some used, or with adverse Philatelic Foundation certificates), with numerous Grills, 1869 Pictorials unused to 12c, also 24c, 1870-71 National Bank Note Company Without Grill 1c-12c, also 24c, 1873 Continental Bank Note Company 1c-15c, 1875 Re-Issues of 1869 Issue with 1c, 2c, 6c and 15c, 1879 Issue 1c-6c, 1881-83 1c-10c, 1887-88 complete to 90c (218), 1890-93 1c-90c (219-29), Columbians 1c-50c, $3-$5, 1894 1c-$2 (246-62 and 264-277, 279-84), Trans-Mississippi to 50c, Pan-American Issue, 1902-03 (300-313), imperf. pair of 5c (315), Louisiana Purchase, followed by other Regular Issues with values to $1, 1913 Panama-Pacific (397-404), Washington-Franklin sets to $1 (complete), also coil singles, pairs and some line-pairs, imperf. 2c (459) single and line pair (usual crease), perf. 10 to $5 (462/480), 5c Errors in blocks of six (467,505), $2 and $5 (523,524,547), Liberty series and balance complete with White Plains souvenir sheet, Kansas-Nebraska, etc., Air Post with C1-6 and C13-15, Special Delivery, Postage Dues, Parcel Post and Shanghai overprints complete, extensive and virtually complete Officials, also a page with Confederate States, mixed condition, with occasional faults to be expected. A substantial collection of the United States singles, high catalogue value
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Price Realized
$37,500.00

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