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    HB-137 EP-167 24¢ J. Gault About New
    Although this is not the same piece, the description of Fred Mayer's 24 Cent Gault from our 2007 auction applies perfectly, "The most common of the 24¢ pieces is this one, issued by John Gault. This encasement is in extraordinary condition, with a high-grade golden olive case, a well centered, boldly printed stamp and a mica that is crystal clear, with only the most minor of surface contact marks. This would be an ideal piece for a denomination set. Reed considers the 24¢ Gault to be an R-4, indicating 31 to 40 known. As with the 12¢, we think that number may be a bit generous, and we believe the total to be more like 25. Be that as it may, for this denomination, the Gault piece can be considered common. Outstanding grade... one of the nicest 24¢'s of any merchant we've seen." At that time, Fred Mayer's identical piece realized almost $4,900. The market has slowed considerably since then, and a more realistic valuation today would be...


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    Auction Dates
    January, 2018
    3rd-9th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 143

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