Cost of US Stamp Scott Catalogue # 398 – 1913 2c Panama-Pacific Exposition: Pedro Miguel Locks, Panama Canal. Page 4

1913, 2¢ Panama-Pacific (398), top margin plate no. block of six, well centered with bright color, original gum, never hinged but reinforced separation in selvage, F.-V.F. Scott price $400 for hinged

Matthew Bennett International, Mar 2011, Sale 337, Lot 2864

2c Panama-Pacific (Scott 398). Mint N.H. with wide plate no. 6312 selvage at top, brilliant color, Jumbo margins, Extremely Fine Gem, with 2005 P.S.E. certificate (XF-Superb 95 Jumbo, SMQ $210.00 as 95, $875.00 as 98)

Robert Siegel Auction Galleries, Dec 2010, Sale 1000, Lot 1210

2c Carmine Lake, Panama-Pacific (398a). Mint N.H., deep rich color which is significantly different than the normally issued Carmine color, perfectly centered with wide and balanced margins, long and full perforations EXTREMELY FINE GEM. THIS SUPERB MINT NEVER-HINGED EXAMPLE OF THE 2-CENT PANAMA-PACIFIC ISSUE HAS BEEN GRADED XF-SUPERB 95 BY P.S.E. — THIS IS THE HIGHEST GRADE AWARDED TO DATE AND THE ONLY EXAMPLE TO ACHIEVE THIS GRADE. In our opinion the Carmine Lake shade is almost as scarce as the Lake, Scott 398b. This is only the fourth copy we have offered since keeping computerized records, and this is the second in Mint N.H. condition. With 2007 P.S.E. certificate (XF-Superb 95, SMQ value $5,300.00). This is the highest grade awarded to date and the only example to achieve this grade. Only one other Mint N.H. copy has been graded, at an 80.

Robert Siegel Auction Galleries, Oct 2010, Sale 997, Lot 5958

2c Panama-Pacific (Scott 398). Mint N.H., wide balanced margins, pristine bright color, Extremely Fine Gem, with 2009 P.S.E. certificate (Superb 98, SMQ $800.00)

Robert Siegel Auction Galleries, Apr 2010, Sale 984, Lot 847

2c Panama-Pacific (Scott 398). Mint N.H. wide right plate no. 6313 block of six, fresh, bright color, Fine-Very Fine, with 2009 P.S.E. certificate

Robert Siegel Auction Galleries, Apr 2010, Sale 984, Lot 848

2c Panama-Pacific (Scott 398). Mint N.H. wide right plate no. 6310 block of six, extraordinarily well-centered, vivid color, Extremely Fine, a superb plate block, with 2009 P.S.E. certificate

Robert Siegel Auction Galleries, Dec 2009, Sale 982, Lot 5783

2c Panama-Pacific (Scott 398). Mint N.H. wide top plate no. 6311 block of six, each stamp has wide margins and nicely balanced centering, Very Fine and choice, with 2008 P.S.E. certificate

Robert Siegel Auction Galleries, Dec 2009, Sale 982, Lot 5784

2c Panama-Pacific (Scott 398). Mint N.H., vibrant color, perfect centering with wide margins, Extremely Fine Gem, P.S.E. encapsulated (Superb 98, SMQ price $640.00)

Robert Siegel Auction Galleries, Dec 2009, Sale 978, Lot 1104

2c Panama-Pacific (Scott 398). Mint N.H. with left plate no. 6316 selvage, huge Jumbo margins and handsomely centered, Extremely Fine, with 2009 P.S.E. certificate (XF 90 Jumbo, SMQ value $70.00 as 90, $190.00 as 95)

Robert Siegel Auction Galleries, Sep 2009, Sale 976, Lot 1980

2c Panama-Pacific (Scott 398). Mint N.H., with selvage at left, choice centering with Jumbo margins, tiny natural inclusion in “E” of Postage not mentioned on accompanying certificates, Extremely Fine, with 1996 P.F. and 2008 P.S.E. certificates (XF-90 Jumbo, SMQ value $70.00 as 90, $190.00 as 95), this stamp would be a 95J if not for the inclusion

Robert Siegel Auction Galleries, Sep 2009, Sale 968B, Lot 514

2c Panama-Pacific (Scott 398). Mint N.H., radiant color on post-office fresh paper, unusually wide and balanced margins, Extremely Fine Gem, a beautiful stamp of remarkable freshness, with 2008 P.S.E. certificate (XF-Superb 95, SMQ price $270.00)

Robert Siegel Auction Galleries, Jun 2009, Sale 975, Lot 1795

2c Panama-Pacific (Scott 398). Wide selvage with plate no. 6307 at top, stamp Mint N.H., small h.r. in selvage only, rich color, Extremely Fine, with 2006 P.S.E. certificate (XF 90, SMQ $90.00)

Robert Siegel Auction Galleries, Jun 2009, Sale 975, Lot 1797

2c Panama-Pacific (Scott 398). Mint N.H., vibrant color, beautiful centering with wide margins, Extremely Fine Gem, with 2009 P.S.E. certificate (XF-Superb 95, SMQ value $270.00)

Robert Siegel Auction Galleries, Jun 2009, Sale 975, Lot 1796

2c Panama-Pacific, Lake Shade Variety (Scott 398b). Lightly hinged, intense color which is significantly different from both the listed shade and also the Carmine Lake shade, perfectly centered with wide and balanced margins EXTREMELY FINE GEM. THE 2-CENT PANAMA-PACIFIC IN THE LAKE SHADE IS EXCEEDINGLY RARE IN ANY CONDITION — THE STAMP OFFERED HERE, WHICH HAS BEEN GRADED SUPERB 98 BY BOTH THE P.S.E. AND THE P.F., IS PROBABLY THE FINEST IN EXISTENCE. IT IS ALSO THE FIRST EXAMPLE OF THIS RARITY WE HAVE OFFERED SINCE KEEPING COMPUTERIZED RECORDS. According to Johl, “there is one shade that is practically as scarce as the four-cent Blue of the Columbian issue, this is known as Lake, almost the same color as were the Postage Due stamps current at that time. Only one pane of 70 is said to have been found at a Post Office in San Francisco, although it hardly seems possible that but one sheet could have been printed in this dark color. When these were discovered there were only 40 copies left, 31 were purchased by A. L. Ott, an old-time collector, and 9 by a local dealer.” With 2006 P.F. and 2005 P.S.E. certificates (both graded OGph, Superb 98, SMQ price $12,000.00). This is the first example we have offered since keeping computerized records.

Robert Siegel Auction Galleries, Jun 2009, Sale 973, Lot 195

United States 1910-30 Issues 1913 2c carmine, right plate no. block of six, well centered, n.h. and post office fresh, v.f., with 2009 PFC

Cherrystone Auctions, Jun 2009, Sale 200906, Lot 181