Log in to JustCollecting

Not a member?

Join The Club

Join the first Social Commerce website for collectors. The JustCollecting Club is a community and rewards platform for collectors where members can buy, sell, share and showcase their collections earning exclusive loyalty points to spend on amazing products, special discounts and entry to fantastic competitions.   More...

Already a member?

Join The Club

Buy, sell, blog, enter competitions or even just browse.
Benefits of joining JustCollecting


Already a member?

5c carmine error cover brings 35% increase at US stamp auction

2015-06-26 13:03:42  0  Likes 0  Comments

5c carmine error cover brings 35% increase at US stamp auction

The US Collector's Series auction was highlighted by a cover featuring the 5c carmine error stamp

A superb cover featuring the 5c carmine error stamp from the 1916-1917 Washington-Franklin issue has provided one of the top sales in the US Philatelic Collector's Series auction, held in Dallas yesterday (November 15).

The error stems from a technician transferring 5c images to a problematic 2c plate

The rare colour error stamp sold for $6,750, exceeding the estimated $5,000 sale price by 35%. Other stamps in the 1916-1917 Washington-Franklin issue also sold well, in one of the most successful sections of the auction.

The Washington-Franklin stamp issues were produced in the US between 1908 and 1922, with the distinctive features of the two engraved heads of the presidents used across all denominations.

The 1916-1917 series of the issue saw the end of the use of watermarked paper for the US' definitive stamps, as well as being the only year in which the stamp designs did not change in any way, using the same denominations and colours employed in the 1914-1915 series.

The stamp at auction was one of 20 known cover examples printed in a palershade of carmine,and one of only a fraction of that number known as single usages. It is affixed to the Maxwell Motor Co. corner card cover by a "Dayton, Ohio/Aug 27 1917" machine cancel,and was sent toWinchedon, Massachusetts.

The cover was sold in excellent condition, with just light staining to the bottom left of the stamp and a small corner crease at the top right, which affects just a single perforation.

1916-1917 $1 violet black washington-frankline mint stampThe $1 stamp is almost never offered both in gem quality and never hinged condition

Also selling well was a superbly centred and well margined example of the $1 violet black from the same series. In mint condition, with full original gum (never hinged), it sold for $4,250, bringing a 203% increase on its $1,400 valuation.

Paul Fraser Collectibles continues to bring you the latest news and investment advice from across the philatelic community in our free weekly newsletter.

For some fantastic opportunities to add an investment-grade rarity to your collection, visit our online store.

Sell with JustCollecting

  • Choose Buy Now or Auction
  • Only 3% Commission on sales
  • No listing fees
  • No store fees
  • Easy to use tools
  • Import your eBay store

5 reasons to join the
JustCollecting Club

  • Curate you own content
  • Showcase your collection
  • Meet like minded collectors
  • Earn loyalty points
  • Free entry to great competitions

Related Content