Sale 1315 — The Eugene L. Grace Collection of United States and Confederate States Stamps and Covers
Sale Date — Tuesday-Thursday, 12-14 March, 2024
Category — 1851-56 Issue
5c Red Brown (12). Huge margins all around including significant portions of adjoining stamps at sides, radiant color on bright paper, unobtrusive strikes of New Orleans circular datestamp
EXTREMELY FINE GEM. A STUNNING USED EXAMPLE OF THE 5-CENT 1856 ISSUE WHICH IS GRADED SUPERB 98 JUMBO BY P.S.E.
The 5c stamp was issued in 1856, five years after the 1c, 3c and 12c values and one year after the 10c were issued. It was typically used to pay the 5c shore-to-ship rate for mail sent overseas and also in multiples for the 10c transcontinental or 15c U.S.-French treaty rates. The short time frame of use and its use for specific limited purposes means that supplies were limited.
With 2006 and 2019 P.S.E. certificates (Superb 98 Jumbo). Only one grades higher and this 98J is shared by only four others.
