LOT #12909 |
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HB-1 EP-1 1¢ Aerated Bread Choice About New....
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Sold on Sep 17, 2008 for:
$2,990.00
Bid Source: HA.com/Live bidder
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Description
HB-1 EP-1 1¢ Aerated Bread Choice About New. Fully the equal, if not a touch nicer, than Fred Mayer's outstanding piece which we sold last September for over $4800. The One Cent is the only collectible denomination for this merchant. Fred Reed shows 56 auction appearances between the years 1891 and 1994, which includes considerable duplication. He lists the piece as an R-7, indicating eleven to fifteen known. The Hodder-Bowers reference agrees, stating "...very rare, with under fifteen different specimens believed to survive." While fifteen known usually does not command a very high premium for an encasement, this Aerated Bread 1¢ is in a different category. It is the only denomination available for the merchant other than the unique 5¢, which we sold in Mr. Mayer's collection last September for over $14,000, and no other denominations were produced. This piece has a touch less silver than the Mayer example, but both the mica and stamp are better, each virtual perfection.Auction Info
2008 September Long Beach, CA CAA Signature Auction #3502 (go to Auction Home page)
Auction Dates
September, 2008
17th-21st
Wednesday-Sunday
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: N/A
Page Views: 554
Buyer's Premium per Lot:
15% of the successful bid per lot.
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