At the first issue of postage stamps by the United States in 1847, the base rate is 5 cents. Two denominations are created : 5 cents in red brown with the portrait of Franklin and 10 cents in black with Washington. The postal success is so great that the rates go down as early as 1851. The old stamps are removed from circulation and replaced by 1 cent in blue and 3 cents in orange brown.
The withdrawal of the 5 cents and 10 cents was a bad decision. These values can be used to top-up a heavier shipment or a foreign destination. They are recreated in 1856 with new portraits. The 10 cents becomes green. The new Jefferson 5 cents keeps the red brown color of the old Franklin emission.
600,000 Jefferson are printed in 1856, probably in a single run as their color is very homogeneous. This non-perforated variant is very rare. In terms of unused blocks, only two blocks of four survived. One of them was deposited in a university with an inalienable clause. The other remains the only unused block in private hands. It is estimated $ 200K for sale by Robert A. Siegel in New York on October 3, lot 35. It is graduated Very Fine and has kept its original gum.
Perforations appear and become mandatory in 1857. The 5 cents remains a rarely used value and the remaining large stocks of red brown sheets from the previous year are punched at this stage. A new printing becomes necessary in 1858. The preparation of the colors is slightly changed, with the vast majority of the sheets in Indian red and some in Brick red.
The rarity of the brick red Jefferson suggests that it had not been the subject of a separate run. It cannot be considered as an error but rather as an anomaly in the mixture of inks, early detected and corrected. The brick red sheets buried within the stacks appeared in circulation from seven months onward after the Indian red.
Only one unused brick red block survived, also consisting of four stamps. Graded Extremely Fine with its original gum, it was sold for $ 805K including premium by Siegel on January 27, 2009 over an estimate of $ 375K. It is estimated $ 400K for sale on October 3 by Siegel, lot 47.
Here is the link to the section dedicated to the Gross collection in the website of the auction house.
RESULTS including premium :
Unperforated : $ 307K
Perforated : $ 470K
The withdrawal of the 5 cents and 10 cents was a bad decision. These values can be used to top-up a heavier shipment or a foreign destination. They are recreated in 1856 with new portraits. The 10 cents becomes green. The new Jefferson 5 cents keeps the red brown color of the old Franklin emission.
600,000 Jefferson are printed in 1856, probably in a single run as their color is very homogeneous. This non-perforated variant is very rare. In terms of unused blocks, only two blocks of four survived. One of them was deposited in a university with an inalienable clause. The other remains the only unused block in private hands. It is estimated $ 200K for sale by Robert A. Siegel in New York on October 3, lot 35. It is graduated Very Fine and has kept its original gum.
Perforations appear and become mandatory in 1857. The 5 cents remains a rarely used value and the remaining large stocks of red brown sheets from the previous year are punched at this stage. A new printing becomes necessary in 1858. The preparation of the colors is slightly changed, with the vast majority of the sheets in Indian red and some in Brick red.
The rarity of the brick red Jefferson suggests that it had not been the subject of a separate run. It cannot be considered as an error but rather as an anomaly in the mixture of inks, early detected and corrected. The brick red sheets buried within the stacks appeared in circulation from seven months onward after the Indian red.
Only one unused brick red block survived, also consisting of four stamps. Graded Extremely Fine with its original gum, it was sold for $ 805K including premium by Siegel on January 27, 2009 over an estimate of $ 375K. It is estimated $ 400K for sale on October 3 by Siegel, lot 47.
Here is the link to the section dedicated to the Gross collection in the website of the auction house.
RESULTS including premium :
Unperforated : $ 307K
Perforated : $ 470K
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