Sale 1315 — The Eugene L. Grace Collection of United States and Confederate States Stamps and Covers

Sale Date — Tuesday-Thursday, 12-14 March, 2024

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*A buyer’s premium of 0% of the winning bid was added as part of the total purchase price on all lots in this sale. Buyers were responsible for applicable sales tax, customs duty and any other prescribed charges. By placing a bid, bidders agreed to the terms and conditions in effect at the time of the sale.

Category — 1857-60 Issue

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
5136
 
Sale 1315, Lot 5136, 1857-60 Issue

90c Blue (39). Choice centering with wide margins all around, deep rich color and sharp impression, clear strike of black grid cancel

EXTREMELY FINE USED EXAMPLE OF THE SHORT-LIVED 90-CENT 1860 -- THE FIRST UNITED STATES 90-CENT ISSUE.

The 90c stamp was issued in 1860, along with the 24c and 30c values, all of which were needed to prepay high international letter rates established by various postal treaties. The basic 24c and 30c rates to England, France and Germany created a volume of mail franked with those values. However, the 90c saw much more limited use, partly due to the rates in effect, but more because of the American Civil War. When supplies of current postage stamps were declared invalid in the South and ultimately demonetized by the Federal government, the 90c had been in use for only one year. For this reason, genuinely cancelled copies are scarce, and covers bearing the 90c are extremely rare.

Ex Twigg-Smith. With 2001 P.F. and 2019 P.S.E. certificates (VF-XF 85). Only three used examples grade higher (two at 90, one at 95). SCV $10,000

10,000
10,000