LOT #12632 |
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HB-2 EP-59a Scott-unl Reed-AB05 5¢ Aerated Bread Choice Extremely Fine.. Numerical grade: 75case.90stamp.90mica. = 255...
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Sold on Sep 27, 2007 for:
$14,375.00
Bid Source: Live: Floor bidder
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Description
Unique Five Cent Aerated Bread
HB-2 EP-59a Scott-unl Reed-AB05 5¢ Aerated Bread Choice Extremely Fine.Numerical grade: 75case.90stamp.90mica. = 255 This classic Encased Postage rarity is considered unique by every reference and expert. Fred Reed's census data show four auction appearances, without doubt all this piece. The case is a nice, natural medium tan, problem free save for a minor dark stain at the very bottom. Both the mica and stamp approach perfection. This Five Cent Aerated traces its modern history to the December 3, 1968 sale by stamp dealer Herman Herst Jr. where it was lot 153. It remained from that time until June of 2004 in the Western Collection. It appeared in that sale as Lot 332 and was acquired by Frederick Mayer for the amazingly low price of $8337.50. Auction prices are funny. All of us present at that sale simply knew Mr. Mayer had to have this piece. Mr. Mayer was a great gentleman, and he was well liked by everyone who knew him, the polar opposite of the late owner of the Western Collection. Those who did not know him personally knew Mr. Mayer by reputation, and were well aware that his determination and resources simply meant he was going home with this piece. No one bid. If Mr. Mayer was a grumbling, dislikable old coot, this piece would have set the record for any piece of Encased Postage. It will be interesting to see tonight's result.
From The Frederick Mayer Collection
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Auction Info
2007 September Long Beach, CA Signature Currency Auction #448 (go to Auction Home page)
Auction Dates
September, 2007
26th-28th
Wednesday-Friday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 843
Buyer's Premium per Lot:
15% of the successful bid per lot.
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