Prices of US Stamp Scott Catalog # 296: 4c 1901 Pan American Exposition: Electric Automobile in Washington. Page 7

4c Pan-American, Center Inverted (296a). Large part disturbed original gum, pretty shade, light crease at bottom, tiny tears at top and bottom, few toned perfs at top FINE APPEARING EXAMPLE OF THE 4-CENT PAN-AMERICAN INVERT. The 4c stamp portrays an electric automobile, known at the time as the “Electric Vehicle Service,” as depicted on the Baltimore & Ohio Railroad brochure from which the engraving was made. In the background one can see the dome of the Capitol. The two men depicted in the front seat are both chauffeurs. The man in the passenger compartment is Samuel P. Hege, so this stamp actually depicts a living person in violation of the law. The 4c Pan-American Invert was a special printing and not regularly issued. Examples were distributed through two official channels, and the gum on the majority of stamps without “Specimen” overprint was disturbed. In fact, because the stamps were removed from mounting paper, they are generally thinned or have seriously disturbed gum. Scott Catalogue notes that “Values are for examples with full original gum that is slightly disturbed”. With 2012 P.F. certificate

Robert Siegel Auction Galleries, Dec 2012, Sale 1037, Lot 1955

4c Pan-American (Scott 296). Mint N.H., bright colors, superior centering with Jumbo margins, Extremely Fine Gem, with 1999 P.F. and 2007 P.S.E. certificates (XF-Superb 95 Jumbo, SMQ $1,050.00 as 95, $5,250.00 as 98)

Robert Siegel Auction Galleries, Nov 2012, Sale 1034, Lot 282

United States 1901 Pan-American Issue 1901 4c deep red brown & black, top right corner imprint and plate no. block of ten, n.h. and post office fresh, fine-v.f.

Cherrystone Auctions, Oct 2012, Sale 201210, Lot 122

1901, 4¢ Pan-American (Scott 296), extremely fresh example showing a nice vignette shift to the right, top margin single, o.g., never hinged, Extremely Fine. Scott $180. Estimate price $150 – 200.

Daniel Kelleher Auctions, Oct 2012, Sale 632, Lot 1214

1901, 4¢ Pan-American (Scott 296), premium quality bottom margin imprint single, handsome example with vibrant color, o.g., never hinged, Very Fine. Scott $180. Estimate $100 – 150.

Daniel Kelleher Auctions, Oct 2012, Sale 632, Lot 1215

1901, 4¢ Pan-American (296), perfectly centered and wonderfully fresh with pristine, never hinged original gum, Extremely Fine to Superb and truly choice. SMQ $1,100. Scott $180 Expertization: 2009 PSE Certificate graded XF-Sup 95.

Matthew Bennett International, Sep 2012, Sale 346, Lot 778

1901, 4¢ Pan-American (296), upper left corner imprint & plate no. block of eight with multiple pressmen’s initials, quite well centered with rich color, solid perforations and immaculate, never hinged original gum; fresh and Very Fine. Scott value $3,860 Expertization: 2007 PSE Certificate.

Matthew Bennett International, Sep 2012, Sale 345, Lot 300

1901, 4¢ Pan-American, center inverted (296a), extraordinarily well centered for the 4¢ invert with exceptionally bright and fresh colors and full original gum, Extremely Fine and choice. SSV $750,000. Scott $75,000+ AN EXCEEDINGLY RARE STAMP IN SOUND, WELL CENTERED CONDITION WITH FULL, UNDISTURBED ORIGINAL GUM, THIS IS ARGUABLY THE FINEST 4¢ PAN-AMERICAN INVERT EXTANT. THERE IS ONLY ONE OTHER EXAMPLE GRADED XF 90 (BY PSE) AND THERE ARE NONE HIGHER. Expertization: 2002 PF Certificate. Provenance: Drucker, Gorham. The 4¢ Pan-American invert, unlike the 1¢ and 2¢, was printed intentionally and was never intended for release to the public. While up to 100 examples were distributed unofficially, many of these were overprinted “Specimen”. Another group of about 100 were later traded to philatelists for other stamps needed for the collection of the National Museum. This second group came from a sheet that had been stuck down to a backing sheet by the Post Office Department when they decided to make it part of their archives. This is why the large majority of non-Specimen overprints have disturbed gum. There are probably fewer than ten mint examples with the perforations clearing the design, that still maintain their full undisturbed original gum, making these examples the rarest of all the 20th century inverts in similar quality The Scott Catalogue value for the 4¢ Invert, like that of the 2¢, is for “examples with full original gum that is slightly disturbed.

Matthew Bennett International, Sep 2012, Sale 345, Lot 296

1901, 4¢ Pan-American (Scott 296), bottom plate number and imprint strip of 4, o.g., never hinged, beautiful multiple with radiant color, pristine mint condition, Fine. Scott $830 as singles. Estimate price $300 – 400.

Daniel Kelleher Auctions, Aug 2012, Sale 631, Lot 1043

1901, 4¢ Pan-American (Scott 296), top margin plate number single, o.g., never hinged, choice, extremely fresh, Very Fine. Scott $180. Estimate value $100 – 150.

Daniel Kelleher Auctions, Aug 2012, Sale 631, Lot 1044

() U.S.; General Issues, 1901, 4¢ Pan-American, Plate Block of 6, #296. Regummed, large top #1145, “most perfs re-attached”, Fine appearance, PSAG (2012) cert. Scott $2,100. Estimate $150-200.

Harmer-Schau Auction Galleries, Aug 2012, Sale 94, Lot 1452

1901, 4¢ Pan-American (Scott 296), a fabulous position piece exhibiting big, perfectly balanced margins, pristine fresh with deep, rich color, a beautiful premium example by any standard, worthy of a strong bid by the most demanding collectors, top margin single with part arrow, o.g., never hinged, Extremely Fine to Superb, 2011 PSE graded cert (XF-Sup 95). Scott $180. Estimate $500 – 750. (Image 1)

Daniel Kelleher Auctions, Jun 2012, Sale 630, Lot 1681

1901, 4¢ Pan-American (Scott 296), choice bottom margin single showing just a bit of the imprint at right, immaculate mint condition, o.g., never hinged, Very Fine. Scott $180. Estimate value $100 – 150. (Image 1)

Daniel Kelleher Auctions, Jun 2012, Sale 630, Lot 1682

1901, 4¢ Pan-American (Scott 296), choice multiple with gorgeous fresh color, bottom margin pair with plate number and arrow, o.g., lightly hinged, Very Fine. Scott $140. Estimate price $75 – 100. (Image 1)

Daniel Kelleher Auctions, Jun 2012, Sale 630, Lot 1683

4c Pan-American (Scott 296). Mint N.H., rich colors and detailed impressions, well-balanced margins, fresh and Extremely Fine, with 2012 P.S.E. certificate (XF 90, SMQ value $400.00)

Robert Siegel Auction Galleries, Jun 2012, Sale 1026, Lot 1360