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Unravelling the Daniel F. Kelleher Auction Flagship sale

2018-01-06 Sat

From 11th to 13th December, Daniel F. Kelleher Auctions showcased its Flagship sale in Danbury Conn. The auction offered an elusive variety of the perforated 1857 5¢ Thomas Jefferson stamp. Each printing of the 1857 5¢ stamp resulted in a different shade of brown. Four major shades of brown were issued, with numerous minor varieties of each shade.

The rarest of these shades is the Indian red, with only five stamps known with any gum. The best-known example recently sold through Kelleher for $84,000 in the firm’s Oct. 11-13 sale.

The sale offered an unused no-gum 5¢ Indian red stamp with a perf fault at the bottom right. It sold for $14,400, including the 20 percent buyer’s premium.

The rarest of the experimental bluish paper Washington-Franklin stamps from 1909 are the 4¢ and the 8¢ issues; fewer than 100 of each are known. Kelleher auctioned a 4¢ stamp (Scott 360), unused and previously hinged with original gum, for $16,200.

In 1916, sheets of the 2¢ red Washington stamps were issued with three positions inscribed with 5¢ denominations instead of the correct 2¢.

It happened during the production process after the original die was engraved; it was transferred to a steel cylinder called a transfer roll. The transfer roll was used to press the design into the printing plate.

Positions 74 and 84 from the upper left pane of 100 and position 18 from the lower right pane of 100 were marked on the proofs. Then they were burnished out and re-entered, using the transfer roll. But the error occurred after the 5¢ transfer roll was mistakenly used to re-enter these positions. No one noticed the mistake and the error was released to the public.

Kelleher sold a never-hinged, superb-95 block of 12 containing positions 74 and 84 for $9,600.

Realized an amazing $13,800 was the Prexies from the 1938 Presidential series.

The envelope is franked with 37 $5 stamps, plastering both the front and back of the cover, plus an 8¢, 30¢ and $1 stamp from the same definitive series. The franking totalled $186.38 in postage to ship the registered cover from Harris Trust and Savings Bank in Chicago to Bank of America in Sacramento, Calif., in 1946.

In 1944, the Philippines hand-stamped the overprint “VICTORY” in violet on Official stamps. According to some statistics, there are 71 examples of the 20 ¢ light olive green stamp overprinted in this fashion, a number that includes the 20¢ stamp both without and with the “COMMON-WEALTH” overprint.

Kelleher sold an unused Philippines 1944 20¢ Official stamp without the “COMMON-WEALTH” overprint, hand-stamped “VICTORY” in violet (Scott O42), for $13,800, a realization significantly greater than the $8,000 value in the 2018 Scott Specialized Catalogue of United States Stamps and Covers.