| 1915-20 Type III Overprint and 1917 Pictorials - Scott #46-51 |
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Description |
Lot 78 |
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Canal Zone 1915, 1c green & black (46), block of four. First printing with deep green color, "CANAL" 10.7 mm. O.g. F.-V.F. CZSG 46.A.
Scott $725
Expertization: 1984 P.F. Certificate.
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Lot 79 |
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Canal Zone 1915, 1c green & black (46), second printing with light green color, "CANAL" 10.5 mm long, upper right corner margin block of ten with imprint, black plate #2 and order #F-3843. Dry o.g. Light diagonal crease affecting three stamps. F.-V.F. A rare positional multiple. CZSG 46.B.
Scott $1,770+
Expertization: 1991 P.F. Certificate.
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Lot 80 |
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Canal Zone 1915, 1c green & black, overprint reading down (46a), upper left corner margin block of four with part imprint, light green shade from the second printing as always. Dry, never hinged o.g. F.-V.F. A very scarce positional piece as only two such blocks can exist.
Scott $1,500+
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Lot 81 |
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Canal Zone 1915, 1c green & black, double overprint (46b), block of four. Second printing as always. Mostly dry o.g. Fresh and about Fine, a very scarce block. Only 185 issued.
Scott $1,100
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Lot 82 |
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Canal Zone 1915, 1c green & black, overprint split vertically (46 var.), part of "C" of "CANAL" at top, block of four. Mostly dry o.g. Fine. CZSG 46.3.
Scott $725+
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Lot 83 |
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Canal Zone 1920, 2c orange vermilion & black (47), perfectly centered. Full o.g. Extremely Fine.
Scott $3,250
A CHOICE EXAMPLE OF THE RAREST OF ALL REGULARLY ISSUED CANAL ZONE STAMPS.
Expertization: photocopy of 1974 A.P.S. Certificate for pair.
Provenance: Helme
While the printing of 200,000 copies of the 2¢ "Mt. Hope" overprint is an order of magnitude greater than that of Scott #15 (only 500), the former far more elusive. It is estimated that no more than 100 mint examples have survived, and most of them are poorly printed and/or poorly centered (19,000 were immediately destroyed for "unsatisfactory press work"). The inferior quality of the local printing apparently caused collectors of the day to shun them and local postmasters to quickly move them to the bottom of their stocks as new supplies of the 2¢ type V came in from the A.B.N.Co. (1,000,000 copies of the 2¢ type V arrived in the Canal Zone less than two weeks after the Panama Canal Press delivered their inferior supply of the 2¢ type III). For this reason it is likely that the vast majority of all the 2¢ type III sold were used for postage and that a large percentage of those unsold were still among the 629,160 2¢ stamps destroyed in 1937.
In contrast, most of the 500 #15's printed were sold to dealers or collectors and can still be accounted for.
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Lot 84 |
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Canal Zone 1920, 2c orange vermilion & black (47), horizontal block of eight with several partial strikes of a railroad "RMS" duplex dated October 28, 1920. Creases and other faults. Fine appearance.
Estimate 1,000 - 1,500
THE LARGEST RECORDED USED MULTIPLE OF THIS RARE STAMP.
This block of eight and a block of four are believed to be the only used blocks recorded. They were once a block of twelve until Dr. Leeds was persuaded to break the block and sell the block of four to another collector, the logic being that he would still have the largest used multiple—he still regrets his "philatelic sacrilege".
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Lot 85 |
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Canal Zone 1915, 5c deep blue & black (48), block of four. Second printing with "CANAL" 10.7 mm long. O.g. Fresh and Very Fine.
Scott $2,400
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Lot 86 |
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Canal Zone 1915, 5c deep blue & black (48 var.), overprint shifted dramatically to the lower left, first printing, "CANAL" 10.7 mm long. Dry o.g. Fresh and Very Fine. CZSG 48.A var.
Scott $500+
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Lot 87 |
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Canal Zone 1917, 24c yellow brown & black (51), irregular block of 28. O.g. Crease upper left stamp. F.-V.F. five stamps.
Scott $1,400
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