90: 4c Grant Coil, Schermack Perfs, OG, Sc. 314A
| Start Price |
USD 50,000.00 |
| Current Price |
USD 440,000.00 |
| Time Left |
- |
| Bid Count |
50 |
| Buy It Now Price |
- |
| Reserve Price |
- |
| Start Time |
Saturday, May 17, 2008 |
| End Time |
Saturday, May 17, 2008 |
| Location |
Oceanside New York USA |
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See more about '90: 4c Grant Coil, Schermack Perfs, OG, Sc. 314A'
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Description
click for larger image90: 4c Grant Coil, Schermack Perfs, OG, Sc. 314ACONDITION: Horizontal pair, lightly hinged at top and tiny mark at very bottom leaving most of the gum in absolutely pristine condition, rich color on bright fresh white paper, beautifully centered, Completely Sound. GRADE: Extremely Fine, by both relative and absolute standards. CERTIFICATES: 1975 and 2008 PF; reportedly an earlier PFC no longer accompanies (#8682). COMMENTS: Only the 1c, 2c, 4c and 5c issues from the 1902 series were issued in imperforate form. The Schermack Stamp Vending Machine Co. of Detroit Michigan was the only company to request the 4c issue imperforate, and in May 1908, the company received 25 full sheets of four panes of 100 each (10,000 total stamps), all of which were made into coils with Type III perfs and given to the Winfield Printing Company. Winfield used about 60% on a mailing for Hamilton Carhartt and about 40% on a mailing for Burroughs Adding Machine Company. The imperforate 4c would have a very limited use because 4c did not pay a proper rate by itself. 4c could pay the first class 2 oz rate (double weight), or the 4 lb second class periodical mailed by the publisher rate, or another seldom used third or fourth class rate. Given that the 4c imperforates went to one company where they were perforated and then to one client, there was no opportunity for the public to purchase the stamps in unused condition. Fortunately for collectors of unused stamps, a Detroit stamp collector named Karl Koslowski obtained some of the 4c Imperforates, keeping some in mint condition and using some on letters he prepared. According to an article by Fred R. Schmalzriedt of Detroit in Mekeel's of January 7, 1911, "It is not generally known that of the 9950 of the 1902 four-cent with Schermack perforations that were sent out by two Detroit concerns in 1908, two have been recovered; the remaining fifty were obtained from the Schermack Company by Mr. Karl Koslowski." Schmalzriedt purchased an unused strip of five from Koslowski, which has now been cut into a pair and three singles. There are six known unused pairs including two line pairs. Of the pairs, this is clearly the finest centered, and last appeared in a public auction at the Corinphila sale of the Engel collection on May 25, 1975. Accompanying the pair is a Sep. 8, 1975 Stampazine certificate. The consignor's own notes indicate that he purchased the pair from Stampazine on May 25, 1976 for $30,000 against a then catalogue value of $15,000, and his family has lovingly retained it until now. Prior to being sold at Engel, the pair was sold by Irwin Heiman on Nov. 7, 1957 when he auctioned the Cromwell collection. It sold for $4,000 at Cromwell. Accompanied by Stampazine retail page. Scott Catalogue: $175,000 Auction House Philip Weiss Auctions1 Neil CourtOceanside, NY United States 11572(516) 594-0731Terms & ConditionsImportant Note On Internet Absentee Bid:Philip Weiss Auctions Offers The Ebay Live Auctions Tool And Absentee Bidding Through Our Website, As An Added Convenience To Our Clients. Please Note: In Rare Cases An Absentee Bid That Has Been Submitted Through The Internet, May Not Be Accepted By The Auctioneer Conducting The Sale (In Some Cases, An Equivalent Absentee Bid May Have Been Left Directly With Us At Our Offices). This May Occur Even When The Internet Absentee Bid Was Placed Earlier Than An Equivalent Absentee Bid. In All Cases The Auctioneer Has Final Discretion Over Which Bids To Accept. In The Event Of A Tie Bid, Many Times We Do Not Even See The Internet Bid. We Are Not Responsible For Inadvertent Bids, Or Problems Arising Due To Internet Connections, Incorrect Computer Settings Or Other Website Related Problems Beyond Our Control.Please Note:Everything in our Auctions is SOLD AS IS, RETURNS WILL NO LONGER BE ACCEPTED, and WITH NO EXCEPTIONS! All of our descriptions are written as accurately as possible, with all sizes approximate, and all apparent faults noted. Because of the volume of material we place in each of our sales, some descriptions may contain erroneous information or minor faults could be missed. It would be in your best interest as a serious buyer, for yourself or a reliable representative come to our Gallery to Pre-view the items in person, or at the very least, call us during pre-view hours so one of our representatives can look at the item while you ask specific questions.You, the customers, are the experts. While our staff has a wide range of knowledge in the collectibles and memorabilia field, we cannot possibly have expertise in every specific category of collectible. PLEASE BE COMFORTABLE WITH THE ITEMS YOU ARE BIDDING ON, IF YOU HAVE ANY DOUBTS, WE PREFER THAT YOU DO NOT BID! This is not because we don't value your business, but more the fact that WE WANT HAPPY CUSTOMERS!Any Claims As To Authenticity Must Be Brought To The Auctioneer's Attention Within Two Weeks Of Auction Closing. Lots May Be Withdrawn By Auctioneer Prior To Sale Without Notice. In The Event Of A Bidding Dispute, The Auctioneer's Decision Is Final. In The Event Of A Tie Bid, Preference Will Be Given To The Bidder's Present On Floor.Estimates Printed In Our Catalogue Reflect What We Feel Is A Fair Market Value Of Said Item(S). Terms For Payment May Be Made For Large Purchases Prior To Bidding, Kindly Inquire For Details. All Items Remain In Custody Of Philip Weiss Auctions Until Payment Is Made In Full. Please Note Group Lots Should Be Expected To Be In Mixed Condition With Items Ranging From Low Grade To Higher Quality Condition. Please Ask For Specific Condition Information Before Placing Bids. Grading And Conditions Are Subjective And Should Only Be Used As A Basic Guide To Aid In Your Bidding.New York State Residents Must Add 8.625% State Sales Tax Unless You Submit A Valid Resale Certificate.All Domestic Buyers Are Required To Pay The Proper Shipping And Handling Cost Including Insurance, And International Buyers Are Required To Pay The Proper Insured Air Mail Delivery Cost. All Items Shipped Outside The U.S. Will Be Declared At Full Value For Customs. Philip Weiss Auctions Is Not Responsible For Any Additional Customs/Duty Taxes That May Incur.All Buyers Must Confirm Purchase Within 3 Days Of Auction Close. Actual Payment Must Be Received Within 10 Days Of Auction Close. Payment Must Be In U.S. Dollars Only. 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In Some Circumstances, We Can Arrange Shipping, But Again This Must Be Arranged Prior To Purchase.Bidding In This Or Any Of Our Sales Constitutes Acceptance By The Bidder Of All Above Terms And Conditions. Thank You And Kindly Check Our Other Auctions For More Interesting And Great Items.ShippingAll Domestic Buyers Are Required To Pay The Proper Shipping And Handling Cost Including Insurance, And International Buyers Are Required To Pay The Proper Insured Air Mail Delivery Cost. All Items Shipped Outside The U.S. Will Be Declared At Full Value For Customs. Philip Weiss Auctions Is Not Responsible For Any Additional Customs/Duty Taxes That May Incur.Buyer's Premium18%PaymentAll Buyers Must Confirm Purchase Within 3 Days Of Auction Close. Actual Payment Must Be Received Within 10 Days Of Auction Close. Payment Must Be In U.S. Dollars Only. Accepted Forms Of Payment Are: Bank Check, Bank Wire Transfer, Personal Check (Must Clear, And Be Drawn On A U.S. Bank), Cashiers Check, Money Order, MasterCard, Visa, Cash(In House Only), Or Paypal (Domestic Only). Unfortunately, We No Longer Accept Paypal From International Buyers. International Buyers May Contact Us via Email, Phone or Fax with Credit Card Details.TaxesNew York State Residents Must Add 8.625% State Sales Tax Unless You Submit A Valid Resale Certificate.ContractYour bid is a contract.Place a bid only if you're serious about buying the item. If you are the successful and winning bidder, you have entered into a legally binding contract to purchase the property bid on from the seller. 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