Jenny sale sets new philatelic record

One of just a few plate blocks of four inverted Jenny stamps has become the second-most valuable philatelic item in the world.

Donald J. Sundman, of Mystic Stamp Company in Camden, New York, has reported the sale of a plate block of the famous Jenny invert 24-cent airmail stamp (Scott #C3a) for more than $4.8 million, a record price for a U.S. philatelic item. The sale took place by private treaty, with the purchaser requesting anonymity. “At the request of the purchaser, the exact price is not being disclosed; only that it was north of $4.8 million US. This Inverted Jenny plate block sale is a record price for any U.S. philatelic item and the second highest price in the world ever paid for any philatelic item,” said Sundman. The highest price is $9.48 million US paid for the British Guiana one-cent magenta in a New York City sale this summer. Continue reading →

Two collections to go on the block in October sale

An 1871 letter mailed to Scotland from Victoria. The cover has a five-cent overprint on a British Columbia three-pence stamp, to pay for mail leaving the colony, but was carried express by Wells Fargo to the U.S. and then delivered from there. It has a cancelled six-cent U.S. rate to pay for delivery to the U.K.

Eastern Auctions has two collections heavy on postal history coming up in the Oct. 16, sale, the Harvey Poole collection of Canada and British North America, and the Jack Wallace Collection of British Columbia and Vancouver. The Poole collection, first started in the 1950s, has expanded for several decades. As with his Newfoundland collection, sold in 2008, the auction is strong in essays, proofs and imperfs. The collection offers a large selection of presentation booklets. The booklets, produced for government and postal officials include a rare Jubilee booklet, and issues from the 1920s through to the 1950s. The essay section is virtually complete, with only some colour variations missing, as well as many stamps never issued. Lot 39 is a block essay of six two-cent Queen Victoria, printed by Canadian Bank Note in green on thin Japanese paper showing the running horse overprint and sample handstamp. Previously in the Vincent G. Greene collection, it is estimated at $2,000 plus. Continue reading →

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