Cost of US Stamps Scott Catalogue 295: 1901 2c Pan American Exposition: Empire State Express. Page 6

2c Pan-American (Scott 295). Mint N.H., near perfect centering with Jumbo margins all around, rich color, Extremely Fine Gem, with 2005 P.S.E. certificate (XF-Superb 95 Jumbo, SMQ value $310.00 as 95, $925.00 as 98)

Robert Siegel Auction Galleries, Nov 2012, Sale 1034, Lot 281

2c Pan-American, Center Inverted (Scott 295a). Small h.r., intense colors, negligible small corner crease at bottom left, tiny paper spot at bottom of vignette frame VERY FINE APPEARANCE. A WONDERFULLY-CENTERED EXAMPLE OF THE 2-CENT PAN-AMERICAN INVERT. ONE OF THE MOST CELEBRATED INVERT ERRORS IN AMERICAN PHILATELY. The 2c is the rarest of the three Pan-American Inverts. It is surmised that approximately 200 were issued through the post office, with two distinct shades known. Our Levi records contain the intact block (4), reconstructed block (4), 64 unused singles and 6 used singles, for a total of 72 unused and 6 used. Many of the unused singles have disturbed gum or no gum, and/or are off center to top or top left. The example offered here, with no obvious flaws, is among the finest-appearing examples With 1982 Sorani and 1997 P.F. certificates.

Robert Siegel Auction Galleries, Nov 2012, Sale 1034, Lot 288

2c Pan-American (Scott 295). Mathematically perfect centering with wide margins, vivid color on bright white paper, neat machine cancel, Extremely Fine Gem, a superb example of this stamp in every respect, with 2011 P.F. and 2009 P.S.E. certificates (Gem 100, SMQ value $800.00 as 98, unpriced in higher grades), this is one of only two examples of this stamp to achieve this perfect grade with none higher, more than 209 million of the 2c were issued, yet to find a used example with margins such as this is an enormous challenge

Robert Siegel Auction Galleries, Oct 2012, Sale 1032, Lot 3425

1901, 2¢ Pan-American (Scott 295), outstanding position showpiece, with extremely large margins and brilliant fresh colors, bottom right corner margin single with “2c” and doodles in selvage, o.g., never hinged, Extremely Fine to Superb, 2012 P.S.E. certificate graded XF-SUP-95. SMQ $325. Scott $43. Estimate $300 – 400.

Daniel Kelleher Auctions, Oct 2012, Sale 632, Lot 1211

1901, 2¢ Pan-American (Scott 295), wonderfully fresh top quality stamp with oversized margins, very pretty, top margin single with imprint, o.g., never hinged, Extremely Fine, with photocopy of 2000 P.F. certificate for strip of 3, from which this stamp was taken, this being the center stamp from the strip. Scott $43. Estimate price $75 – 100.

Daniel Kelleher Auctions, Oct 2012, Sale 632, Lot 1212

1901, 2¢ Pan-American (Scott 295), gorgeous block of 20 from the bottom of the sheet which would yield two plate blocks, a choice plate number and imprint block of 6 at right, and the scarcer double plate number, arrow and imprint block of 10 at left, immaculate Post Office fresh showpiece, bottom margin plate block of 20 with plate numbers 1098-1221, arrow, and imprint, o.g., never hinged, Fine. Scott $1,745. Estimate price $750 – 1,000.

Daniel Kelleher Auctions, Oct 2012, Sale 632, Lot 1213

2c Pan-American, Center Inverted (295a). Bright colors and choice centering, stitch watermark, clear machine cancel leaves entire design clearly visible, vertical crease VERY FINE APPEARANCE. ONLY SEVEN USED EXAMPLES OF THE 2-CENT PAN-AMERICAN INVERT ARE KNOWN, AND NONE ARE SOUND. THE EXAMPLE OFFERED HERE, WITH UNUSUALLY CHOICE CENTERING, AN UNOBTRUSIVE CANCEL AND A CREASE, IS ONE OF THE FINEST IN EXISTENCE. Our census of the 2c Pan-American Invert in used condition records only seven copies, which are illustrated below and available at our website at http://siegelauctions.com/dynamic/census/295a/295a.pdf . None is sound — two are reperfed, one has a tear and another is thinned. Only three stamps have minor flaws. Census No. 295a-CAN-02. Ex Goldsmith, Silberberg and Hewitt. With 1971, 1980 and 2005 P.F. certificates. In our opinion this is very undercatalogued in Scott — the unused invert catalogues $55,000.00 in Scott and is significantly more plentiful with approximately 64 unused singles known, versus $60,000.00 for the used with only seven known.

Robert Siegel Auction Galleries, Sep 2012, Sale 1027, Lot 170

1901, 2¢ Pan-American (295), bottom margin imprint & plate no. block of six, virtually perfectly centered, each stamp with large margins; crisp and intact with post office fresh, never hinged original gum; small natural paper inclusion upper left stamp, otherwise a flawless, absolutely Superb plate block. Scott price $475 Expertization: 2007 PF Certificate.

Matthew Bennett International, Sep 2012, Sale 346, Lot 777

1901, 2¢ Pan-American, center inverted (295a), virtually perfectly centered amid remarkably large margins with strong color for this frequently pale invert; full original gum, tiny, virtually unnoticeable trace of a prior natural inclusion above left “2” (noted only on the 2006 certificate); fresh and choice, Extremely Fine. Scott $55,000+ ONE OF THE BEST CENTERED EXAMPLES OF THIS RARE INVERT AND ONE OF THE FEW WITH FULL ORIGINAL GUM. Expertization: 1964, 1989, 2000 & 2006 PF Certificates. Provenance: Gorham. The 2¢ is the rarest of the regularly issued Pan-American Inverts with probably no more than 200 being issued. This supposition is based on the fact that two shades of the error exist, meaning that at least two panes of 100 were released; also upon the current estimate that approximately 150 examples have survived, including about a half dozen used singles and two mint blocks (one rejoined). Scott also states that “almost all unused examples…have partial of disurbed gum” and values the stamp accordingly.

Matthew Bennett International, Sep 2012, Sale 345, Lot 294

1901, 2¢ Pan-American (Scott 295), bottom left plate block of 10, o.g., never hinged, remarkably well centered showpiece in perfect mint condition, with bold rich color, extraordinary example of this tough bottom margin plate block, Very Fine. Scott $1,185. Estimate price $600 – 800.

Daniel Kelleher Auctions, Aug 2012, Sale 631, Lot 1040

1901, 2¢ Pan-American (Scott 295), handsome trio of three margin singles showing part imprint or part arrows, each a different distinct shade, o.g., never hinged (one with a small natural gum skip), Very Fine to Extremely Fine. Scott $128. Estimate value $100 – 150.

Daniel Kelleher Auctions, Aug 2012, Sale 631, Lot 1042

1901, 2¢ Pan-American (Scott 295), bottom left plate block of 10, o.g., never hinged, extraordinary example of this oversized plate block in a wonderful state of preservation, with dazzling rich color and razor sharp impression, Fine. Scott $1,185. Estimate price $300 – 400.

Daniel Kelleher Auctions, Aug 2012, Sale 631, Lot 1037

1901, 2¢ Pan-American (Scott 295), spectacular “High Train” variety with the vignette shifted to the top of the stamp, bottom margin plate number single, o.g., never hinged, a handsome example in impeccable mint condition, Extremely Fine. Scott $43. Estimate $100 – 150.

Daniel Kelleher Auctions, Aug 2012, Sale 631, Lot 1038

1901, 2¢ Pan-American (Scott 295), bottom right plate block of 8, o.g., never hinged, incredibly fresh example in pristine mint condition, Fine. Scott $560. Estimate value $150 – 200.

Daniel Kelleher Auctions, Aug 2012, Sale 631, Lot 1039

U.S.; General Issues, 1901, 2¢ Pan-American, #295. N.h., Grade 98 Superb, PSE (2007) cert. Scott Stamp Values $850. Estimate $425-475.

Harmer-Schau Auction Galleries, Aug 2012, Sale 94, Lot 1450