US Stamps Price Scott # 449 – 1915 2c George Washington Coil Perf 10 Horizontally. Page 6

2c Red, Ty. I, Coil (449). Joint line pair, radiant color, bold cancel dated either 1916 or 1918, exceptionally choice centering for this difficult issue EXTREMELY FINE. THIS IS THE ONLY CONFIRMED SOUND AND CENTERED USED JOINT LINE PAIR OF THE 2-CENT TYPE I VERTICAL COIL, SCOTT 449. ONE OF THE GREAT RARITIES OF UNITED STATES COIL COLLECTING. The 2c Type I rotary plate was used very briefly to make vertical coils issued in late 1915. It was briefly used because the Type I plate was not very deeply engraved and the curvature of the rotary press yielded impressions lacking in some of the details. The Bureau noticed this immediately, and quickly replaced it with the Type III plate (according to Scott, the EDU for No. 449 is Oct. 29, 1915 and the EDU for Type III is Dec. 21, 1915). Our census of Scott 449 used joint line pairs, available at our website at http://siegelauctions.com/dynamic/census/449/449.pdf , records a total of ten used joint line pairs and one in a strip of four. Of these six have faults. Of the five sound examples, two have not been seen in a long time and need to be examined to confirm soundness. The other two (Nos. 8 and 9) have perfs almost touching the design at top. This leaves the example offered here as the only confirmed sound and centered used joint line pair of this rarity. Ex Anderson. With 1992 P.F. and 2007 P.S.E. certificates (VF-XF 85, SMQ $30,800.00). This is the only graded used joint line pair of this issue, which is unpriced in any higher grade. We were told at the time of grading that five points were taken off for the heavy cancel, but the use of a year-dated contemporary datestamp is, in our opinion, a positive attribute.

Robert Siegel Auction Galleries, Sep 2012, Sale 1028, Lot 396

1915, 2¢ red, type I, rotary coil (Scott 449), light wavy black cancellation, choice example of this elusive coil single, brilliant color; light diagonal crease through right “2”, otherwise Fine, 2009 P.F. certificate. Scott $600. Estimate value $300 – 400.

Daniel Kelleher Auctions, Aug 2012, Sale 631, Lot 1216

1915, 2¢ red, type I, rotary coil (Scott 449), vertical pair, light black cancellation, decent example of this extremely rare and undervalued coil pair, outstanding rich color, scarcer than the modest catalog value of $5,250 indicates, as only 26 genuinely used pairs are known to exist; top stamp with small tear at lower right, just above the numeral “2”, Very Good to Fine, 2011 P.F. certificate. Scott $5,250. Estimate $1,500 – 2,000.

Daniel Kelleher Auctions, Aug 2012, Sale 631, Lot 1217

U.S.; General Issues, 1915, 2¢ Red, Type I, Rotary Coil, Pair, #449. Very l.h. with additional portion of stamp at bottom, fresh color, Very Fine and scarce, PSE (2006) cert. Scott $6,000. Estimate price $2,000-2,500.

Harmer-Schau Auction Galleries, Aug 2012, Sale 94, Lot 1559

1915, 2¢ red, type I, rotary coil (Scott 449), bright color, machine cancel, Fine and scarce, 2012 PF certificate. Scott $600. Estimate $200 – 300. (Image 1)

Daniel Kelleher Auctions, Jun 2012, Sale 630, Lot 1847

2c Red, Ty. I, Coil (Scott 449). Unusually choice centering, neat wavy-lines cancel, Extremely Fine, a beautiful stamp, with 2009 P.S.E. certificate (XF 90, SMQ $900.00)

Robert Siegel Auction Galleries, Jun 2012, Sale 1026, Lot 1421

2c Red, Ty. I, Coil (449). Mint N.H., brilliant color, beautiful centering with wide margins EXTREMELY FINE GEM. A GORGEOUS MINT NEVER-HINGED EXAMPLE OF THE 1915 2-CENT TYPE I VERTICAL COIL, WHICH HAS BEEN GRADED XF-SUPERB 95 BY P.S.E. THIS IS THE HIGHEST GRADE AWARDED TO DATE. The 2c Type I rotary plate was used very briefly to make vertical coils issued in late 1915. It was briefly used because the Type I plate was not very deeply engraved and the curvature of the rotary press yielded impressions lacking in some of the details. The Bureau noticed this immediately, and quickly replaced it with the Type III plate (according to Scott, the EDU for No. 449 is Oct. 29, 1915 and the EDU for Type III is Dec. 21, 1915). With 2012 P.S.E. certificate (XF-Superb 95, SMQ price $13,700.00). This is the highest grade awarded to date for any unused Scott 449 — the highest grade for a pair or joint line pair is a 90 — and only one other shares this grade.

Robert Siegel Auction Galleries, Jun 2012, Sale 1025, Lot 224

o U.S.; General Issues, 1915, 2¢ red, type I, rotary coil, #449. Used, fresh and Fine, PSE (2011), PF (1989) certs. Scott $600. Estimate value $200.

Harmer-Schau Auction Galleries, May 2012, Sale 93, Lot 362

1915, 2¢ red, type I, rotary coil (Scott 449), neat wavy black machine cancellation, handsome example of this elusive coil, gorgeous deep rich color; slight hinge thin only shows in fluid, otherwise Very Fine. Scott $600 Estimate price $150 – 200.

Daniel Kelleher Auctions, Apr 2012, Sale 629, Lot 347

1915, 2¢ red, type I, rotary coil (449), marvelously fresh and bright, original gum, centered to the bottom, Fine for this and quite handsome. Scott price $2,500 Expertization: 2002 PSE Certificate for a pair.

Matthew Bennett International, Mar 2012, Sale 344, Lot 4599

o 1915, 2¢ red, type I, rotary coil (449), nicely centered with bright color and a neat machine cancel, couple light creases, F.-V.F. appearance. Scott value $600 Expertization: 1996 PF Certificate.

Matthew Bennett International, Mar 2012, Sale 344, Lot 4600

1915, 2¢ red, type I, rotary coil (449), pair, remarkably fresh and exceptionally well centered for this with part of adjacent stamp at bottom; bright color and solid perforations, original gum, lightly hinged at top only, Very Fine and choice. Scott value $6,000 THIS COMBINATION OF CENTERING AND FRESHNESS IS SELDOM AVAILABLE ON THIS RARE ROTARY PRESS COIL. Expertization: 2006 PSE Certificate.

Matthew Bennett International, Feb 2012, Sale 340, Lot 461

1915, 2¢ red, type I, rotary coil (449), joint line pair, bright, fresh and solid with exemplary centering and immaculate, never hinged original gum; Very Fine. SMQ $23,200. Scott $28,000 A TRULY SUPERIOR EXAMPLE OF THIS KEY LINE PAIR, MOST OF WHICH ARE RATHER POORLY CENTERED, ONLY ONE HAS BEEN GRADED HIGHER BY PSE (A 90). Expertization: PSE encapsulated and graded VF 80.

Matthew Bennett International, Feb 2012, Sale 340, Lot 463

1915, 2¢ red, type I, rotary coil (449), pair, exceptionally fresh and bright, slightly disturbed original gum, Fine. Scott $6,000 A MOST ATTRACTIVE EXAMPLE OF THIS RARE COIL PAIR. Expertization: 1967 PF Certificate.

Matthew Bennett International, Feb 2012, Sale 340, Lot 462

1915, 2¢ red, type I, rotary coil (Scott 449), o.g., lightly hinged, attractive example of this rare coil single, lovely rich color, Fine, photocopy of 1996 P.F. certificate for pair, from which this stamp was taken, this being the top stamp from the pair. Scott $2,500 Estimate value $1,000 – 1,500.

Daniel Kelleher Auctions, Jan 2012, Sale 628, Lot 510