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.

ImagesDescriptionCurrent Bid
Lot #62
1867 A. Grill
1867 5c brown, A.Grill Essay (covering the entire stamp), original gum, pulled perforation at lower right, fine appearance, with 1969 (as Scott No.80 unused with original gum) and 2019 Philatelic Foundation Certificates, ex-Meilstrup (1973 sale, sold as a stamp). There are four known unused "essays", all originating from a block of four from the Earl of Crawford's collection (presumably this is the lower right stamp). There are also only four known used examples, which are listed in the Scott catalogue as number 80 (with a catalogue value of $260,000, likely to rise after a recent hammer of $340,000). One of only four unused copies, this is quite possibly the finest, as it has original gum and only a minor flaw. An unused without gum copy with small faults brought $22,000 in the 2015 Siegel Rarities Sale (two of the four unused 5c A Grill stamps from the Earl of Crawford block, including this one, were previously certified as genuine Scott 80's by The Philatelic Foundation, which currently describes them as essays)
Catalog #80E
Price Realized

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