Sale 1362 — The El Dorado Collection of Superb United States Stamps

Sale Date — Tuesday-Thursday, 7-9 October, 2025

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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 — 1894 Unwatermarked Bureau Issue (Scott 246-263)

Lot
Symbol
Photo/Description
Cat./Est. Value
Realized
1459
nh
Sale 1362, Lot 1459, 1894 Unwatermarked Bureau Issue (Scott 246-263)

2c Carmine Lake, Ty. I (249). Mint N.H., perfectly centered with wide and balanced margins, intense shade and impression, long and full perforations

EXTREMELY FINE GEM. A PHENOMENAL EXAMPLE OF THE UNWATERMARKED 2-CENT TYPE I 1894 ISSUE IN THE CARMINE LAKE SHADE. THIS MAGNIFICENT MINT NEVER-HINGED STAMP HAS BEEN AWARDED THE GRADE OF SUPERB 98 BY P.S.E. — ONLY TWO GRADE HIGHER AND NONE SHARE THIS GRADE.

As collectors of the First Bureau Issue know, great difficulty was experienced in perforating the stamps, either due to poor equipment or improper operation. Choppy, ragged perfs and poor centering are so common on this issue that it is often possible to separate the 1894 unwatermarked stamps from the 1895 watermarked stamps by the appearance of the perforations alone. This example with precise centering, Jumbo margins and perfectly formed perforations is an extreme condition rarity.

With 2014 P.S.E. certificate (Superb 98). Only two grade higher (at 98J and 100J) and none share this grade.

(Image Magnifier)
450
7,500