In 2018, Cherrystone organized an auction in New York City. The lot in this auction had at least 1000 specimens for its sale. This sale consists of highly assorted high-quality stamps and covers, this auction features the stock of Broadway stamp Company started in 1931 by Max Sage. One of the highlights of this sale is the first Russian telegraph stamp issued in 1866 with 12 perforations.
The auction house had declared these stamps ‘Unused with full original gum, hinge, remnants, well cantered with intact perforation on all sides, signed Bernichon, Paris, etc very fine. There are about 10 of 1866 20k black, red-brown recorded most plagued by small defects. They started their bid for 20,000 US dollars.
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