DescriptionHB-113 EP-112 Scott-81 Reed-EM10 10¢ Ellis McAlpin & Company Extremely Fine.
Numerical grade: 75case.40stamp.60mica. = 200 Reed considers this Ten Cent McAlpin to be an R-5, meaning 21 to 30 known. The Hodder-Bowers reference disagrees by a considerable amount, which is rather unusual. Both references generally agree. Hodder and Bowers state, "Six specimens of the Ten Cent denomination have been traced, two of which are in institutional collections." We lie in between, and suspect that eight or ten of these are known. Reed's auction census indicates the 10¢ to be the most common of the McAlpin's, with 53 appearances (including repeats) between 1891 and 1994. No other denomination has had as many as 30 appearances. Whatever the exact rarity, this is certainly a rare encasement. The Stack's June 2004 sale had only a problem piece. The piece we are offering from the Mayer Collection has its highs and lows. The case is high grade, attractive and problem free. It has a minor manufacturing defect at the edge which appears to be a small clip. The mica has some surface marks but is substantially clear, and the stamp is dull, with some small stains. We auctioned this piece once before, and Mr. Mayer paid $1750 for it.
From The Frederick Mayer Collection
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