Catalogue Value Versus Estimate
In our printed catalogues and in our website listings, we commonly refer to the Scott Catalogue price. If a catalogue price is not available then we will give an estimated value. Below is an example of how the listings appear. Lot 2088 lists Scott Catalogue value. Lot 2089 lists our estimated value.
|Sale No.||Lot No.||Symb.||Description||Catalogue value||Realized (hammer)|
$5.00 Columbian (245). Pristine Mint N.H. state, perfectly centered with massive margins evenly framing design, intense shade and proof-like impression on brilliant white paper, long full perforations
EXTREMELY FINE GEM. AS PERFECT AND FRESH AS THE DAY IT WAS PURCHASED AT THE POST OFFICE IN 1893. ARGUABLY THE FINEST MINT NEVER HINGED EXAMPLE OF THE $5.00 COLUMBIAN IN EXISTENCE.
We could not begin to count the number of $5.00 Columbian stamps sold by the Siegel firm over 70 years. However, the number of Extremely Fine, Mint Never Hinged, examples could probably be counted on two hands, and, if they were assembled for comparison, we seriously doubt if any could surpass (or match) the stamp offered here. This gem from the Maine Safe Deposit Box find must have been carefully selected from a sheet in 1893 and kept hidden from light, moisture and handling for the past 107 years.
$5.00 Columbian (245). Mint N.H., choice centering, proof-like impression on bright white paper, post-office fresh, tiny natural inclusion (not mentioned on certificate)
EXTREMELY FINE. A RARE MINT NEVER-HINGED $5.00 COLUMBIAN WITH SUPERB CENTERING AND REMARKABLY FRESHNESS.
In our 2000 Rarities sale, we offered a $5.00 Columbian in Extremely Fine Mint N.H. condition, which came from the Maine Safe Deposit Box find. It realized $45,000. To prepare our description of that stamp, we surveyed dozens of auction catalogues, searching for Mint Never-Hinged examples in Extremely Fine grade. We found no more than ten stamps, some from auctions dating back 40 years, and there is no guarantee that all of the stamps previously described as Mint N.H. would pass the test today. The rarity of the $5.00 Columbian in Mint N.H. condition is easily explained. For more than a century, collectors have proudly hinged this highest value of the Columbian set in their albums, and the vast majority of stamps have not escaped the hinge. Only the break-up of blocks, which rarely contain Mint N.H. stamps, has provided the few Extremely Fine Mint N.H. $5.00 Columbian stamps extant today.
The stamp offered here does not have the margin width of the $45,000 Maine Find stamp, but it is remarkably fresh and almost perfectly centered. In our opinion, the current Scott value of $8,000 for Very Fine Mint N.H. condition does not adequately convey the market demand. We will not be surprised to see this stamp bring two or more times Scott Catalogue value.
$5.00 Columbian (245). Original gum, lightly hinged, intense shade and impression, perfectly centered with wide balanced margins
EXTREMELY FINE GEM. A SUPERB EXAMPLE OF THE $5.00 COLUMBIAN.
With 1999 P.F. certificate
$5.00 Columbian (245). Original gum, barely hinged, sharp proof-like impression, fresh and Very Fine, with 1971, 1989 and 2003 P.F. certificates
$5.00 Columbian (245). Original gum, small h.r., sharp impression, Fine
$5.00 Columbian (245). Original gum, h.r., proof-like impression, few tiny thins at top, Fine
$5.00 Columbian (245). Unused (no gum), deep shade and proof-like impression, two short perfs at right, otherwise Fine