Gorgeous Lord & Taylor 24¢ About NewHB-173 EP-172 Reed-LT24 24¢ Lord & Taylor About New.
High denomination Lord & Taylor pieces have long been among the most sought-after items in the Encased Postage field. This one is a solid, problem free example and one of the nicer pieces we've seen. Reed rates this as an R-8, indicating that five to ten examples are known. We suspect the number is closer to the higher end, with likely eight to ten pieces accounted for. Bill Kelly obtained this piece as Lot 12513 from our 2007 FUN sale, where it was described, "A gorgeous example of one of the scarcest and most popular merchants. The 24¢ denomination is one of only about a half-dozen in existence, and this one is certainly one of the finest, if not the finest. The case is a glossy, golden olive, with over 50% of its original silvering remaining. The mica is essentially perfect, and the stamp has retained considerably more color than what is normally seen on this rare denomination. Our consignor pedigrees this piece back to the December 1969 sale of the Arnold Perl Collection."
From The Honorable William H. Kelly Collection
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