Harmer-Schau Auctions

Sale 104


 
Lot 942

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U.S.; General Issues, 1923, 1¢ Green, Rotary Sheet Waste, #596, Kansas City, MO. precancel, "tiny crease at upper right, two tiny margin tears and added perf tip at lower left", probably the greatest rarity of 20th Century U.S. issues, Fine appearing. "majority of examples of #596 carry the Bureau precancel "Kansas City, Mo". PSAG (2014) cert.
Scott $100,000 (in grade of fine). New discovery, previously only 13 recorded .
Estimate $35,000-45,000

This rarity was created during an attempt by the Bureau of Engraving and Printing to salvage waste from the end of the paper during rotary press printings. At the beginning or end of rotary press printings, there was some leading or trailing paper that was too short for either rolling into coil rolls, or for perforating for 400-subject sheets. In 1919, the Bureau devised a plan to salvage this waste by perforating and cutting the sheets into panes. These were put through the flat-plate perforating machine in use at the time, giving the stamps full perforations on all sides.


 
Realized $77,625



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Penny Black

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Two Pence Blue