Auctions

Tim Hodge

Pan-American inverts sell in February Rasdale auction

March 01, 2018 06:30 PM

  • Rasdale offered this attractive 1901 2¢ Pan-American stamp with inverted center in the firm’s public auction held Feb. 17-18.

Auction Roundup — By Tim Hodge

Although the auction emphasis has been on worldwide material over the past month, a few unusual United States items have passed over the auction block.

Rasdale Stamp Co. in Westmont, Ill., offered an attractive showing of stamps from the 1901 Pan-American Exposition issue in the firm’s Feb. 17-18 sale, including two stamps with inverted centers.

The 1¢ inverted center (Scott 294a) with a small thin realized $5,510, and the 2¢ inverted center (295a) also with some faults realized $17,400.

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A complete slabbed set of the regular issue, six stamps ranging in denominations from 1¢ to 10¢ (Scott 294-299), in matching grades of extra-fine-to-superb 95, never hinged and with original gum, brought $3,770, including a 16 percent buyer’s premium. That realization is nearly four times the Scott Specialized Catalogue of United States Stamps and Covers value of $957.50 for never-hinged stamps grading very fine 80.