Sale 279

The David J. Leeds Collection
of Canal Zone Stamps and Postal History


1912-16 Type II Overprint - Scott #38-41
 
 
Lot Photo Description
Lot 65
BK
Canal Zone 1913, 1c green & black (38b), registration markers showing at upper left. O.g., never hinged. Very Fine.
Scott $625+
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Lot 66

Canal Zone 1912, 2c vermilion & black, missing overprint (39a [2]), lower right corner margin block of eight, two right stamps without overprint. Partly dry o.g. Fresh and F.-V.F. CZSG 39a.I.
Scott $2,500+

ONLY 20 PAIRS WERE ISSUED; THIS IS ONE OF PERHAPS ONLY TWO SURVIVING MULTIPLES.

Provenance: Helme
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Lot 67

Canal Zone 1912, 2c vermilion & black, missing overprint (39b, 39 var.), left sheet margin pair accompanied by a right sheet margin single showing a trace of "CANAL" printed on the selvage. O.g., lightly hinged. Fresh and Very Fine.
Scott $1,750+

ONE OF ONLY TWO PAIRS IN EXISTENCE OUTSIDE OF THE JUSTI-HELME BLOCK OF 80 WHICH CONTAINS THE OTHER EIGHT PAIRS OF THE TEN ISSUED.
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Lot 68

Canal Zone 1912, 2c vermilion & black, missing overprint (39b), horizontal strip of ten, left stamp without overprint, right sheet margin showing part of "CANAL" in selvage. Mostly dry o.g. Some hinge reinforcing (not affecting error pair). Very Fine. Only ten pairs were issued. CZSG 39a.II.
Scott $1,750+
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Lot 69

Canal Zone 1912, 2c vermilion & black, overprint reading down (39d), block of four. Partly dry o.g. Extremely Fine and choice.
Scott $700+
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Lot 70

Canal Zone 1912, 2c vermilion & black, inverted center, overprint reading down (39e), o.g. Lightly toned. Otherwise Fine.
Scott $850
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Lot 71
o
Canal Zone 1912, 2c vermilion & black, inverted center, overprint reading down (39e), light corner crease. Otherwise Fine.
Scott $750
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Lot 72

Canal Zone 1912, 2c vermilion & black, inverted center, overprint reading down (39e), left sheet margin block of four with registration markers. Bright color, full never hinged original gum. Fresh and Fine.
Scott $2,300 ++
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Lot 73

Canal Zone 1912, 2c vermilion & black, inverted center, overprint reading down (39e var.), single taken from a handmade booklet (39f) with stitching running through top margin, bright color. O.g. with interleaving adhering. Fine and perhaps unique.
Scott $575+

The sewing machine holes are the only means of identifying a booklet pane single from an ordinary sheet stamp. Normally those holes would be in the sheet margin tab.

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Lot 74
()
Canal Zone 1912, 2c vermilion & black, two overprint varieties (39 var.), "C NAL ONE" and weakly printed "AL" and "E". Unused. F.-V.F. Only one of each recorded. CZSG 39.5e & 39 var.
Estimate 150 - 200

Provenance: Spielberg
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Lot 75
BK
Canal Zone 1912, 2c vermilion & black (39g), first printing, vertical format with stitched tab at bottom, position L, exceptionally well centered. Full o.g., hinge remnant. Fresh and Very Fine. CZSG 39g.A.
Scott $1,000

Expertization: 1986 P.F. amd 1985 A.P.S. Certificates.
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Lot 76
BK
Canal Zone 1912, 2c vermilion & black (39g [2]), two panes, vertical format with stitched tabs at bottom, still in salmon 49¢ style B booklet covers (CZSG 39.6). One dry o.g., other interleaving adheres. Cover a bit soiled. Fine.
Scott $2,000+
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Lot 77
o
Canal Zone 1912, 5c deep blue & black, vignette error (Cordoba portrait of 2c) (40a), well centered and lightly cancelled. Light creases and small thins. Fresh Very Fine appearance.
Scott $8,750

AN EXCELLENT EXAMPLE OF THIS RARE ERROR, ONLY ABOUT TEN OF WHICH HAVE BEEN RECORDED, MOST OF WHICH ARE DEFECTIVE.

This spectacular error was not discovered until 1925, a full nine years after it was issued. Dr. Leeds recalls its discovery: "After the announcement [of the error] by Marks Stamp Co. of Toronto in 1925 the family searched its stocks for a copy. Our incentive was Marks' $300 asking price. At that time The Canal Zone Stamp Co. (my family) was supplying the tourist traps with small collections [of Canal Zone/Panama stamps]. To satisfy this thirst for packet material purchases were made of 5¢ denomination stamps from the most likely sources, Jamaica, other B.W.I. islands, and London. Six or seven packets of 100 5¢ stamps were in stock. [These included the four recognized types] and possibly a few #48 which we failed to recognize. On about the next to last packet opened my mother casually asked, 'Is this it?' My father's reply was 'Wonderful, I'll buy you a hat’ [To which she responded] 'But I don't need a hat!' The next day he brought home a box of chocolates."

Leeds' copy was the fourth to be discovered and has since become known as the "Gatun" copy. It was last displayed in the Court of Honor at PACIFIC '97.

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