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    Twelve Cent Straight Insurance - The Finer of Two Known

    HB-199 EP-155 Scott-144 Reed-NA12ST 12¢ North America Life Insurance Straight Insurance About New
    Numerical grade: 80case.70stamp.80mica. = 230
    Reed's auction survey shows the appearance of only seven examples of 12¢ Straight Insurance North Americas over his 104-year survey period. He considers the piece as an R-9, two to four known. The only recent auction appearance of this variety was a far lower quality piece in the Stack's June '04 sale. That piece was described, "The stamp is quite faded... the mica is quite beat up." In that sale, the cataloger stated, "Extremely rare: we estimate the total number of these to be only two or three." We know of only this piece and the Stack's piece, and suspect that these two are the whole census. This one is vastly the better of the two. The case is fully About New, with a healthy splash of silver behind all the letters. The stamp is only a touch toned down, and it's quite well centered. The mica shows only the most minute of flaws, and it is completely clear.
    From The Frederick Mayer Collection

    View all of [The Frederick R. Mayer Collection ]

    Auction Info

    Auction Dates
    September, 2007
    26th-28th Wednesday-Friday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 181

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