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Kelleher - Richard M Levy Sale

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Posted 03/14/2022   9:58 pm  Show Profile Bookmark this topic Add stallzer to your friends list Get a Link to this Message
I was looking over some lots in the Levy auction on the 15th and noticed this pair of 1 Franklins.

Lot 25 description;

"1851, 1 blue, type II (Scott 7), positions 1R1E-2R1E, top left corner margin horizontal pair, fresh duo with bright color and sharp detail; lightly cancelled, Very Fine, an attractive position piece.
Scott $285"

https://stampauctionnetwork.com/V/v7654.cfm

Not I get it that it's a great positional piece but is it me or is there a giant crease running right through Ben's nose on the right stamp?

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Posted 03/14/2022   10:08 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
Siegel called it out when they old it:


Quote:
1c Blue, Ty. II (7). Positions 1-2R1E, horizontal pair with large top left corner sheet margins, other sides full to ample, bright Plate 1 Early color, light strikes of grid cancel and small trace of manuscript in left margin, right stamp vertical crease, Very Fine appearance, as Neinken states in his book on p. 61, "For both of these positions [1R1E and 2R1E], the Type I relief was first used, then both positions were erased. A poor job of burnishing was done, and strong traces of both original entries remained when the "T" relief (roll No. 1) was used to finally enter them."
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Posted 03/14/2022   10:35 pm  Show Profile Bookmark this reply Add txstamp to your friends list  Get a Link to this Reply
I had that pair in my collection that I sold in 2005 - yes, 2R1E has a notable crease.

Harvey Bennett described it mostly correctly here :

https://bennettstamps.com/php/lot_a...=1175&lang=1

its a nice item. Any top row right pane Plate 1E multiple is a nice item !
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Posted 03/14/2022   10:47 pm  Show Profile Bookmark this reply Add stallzer to your friends list  Get a Link to this Reply
Quite a few nice pieces in this sale and I love this pair. The image they provide on SAN isn't horrible but it's not stellar either so even if it's visual I think it should be mentioned for transparency.
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Edited by stallzer - 03/14/2022 10:49 pm
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Posted 03/14/2022   11:08 pm  Show Profile Bookmark this reply Add revcollector to your friends list  Get a Link to this Reply
It should certainly have been mentioned. It really is not even a "very fine pair"; the left stamp is very fine but the right is damaged; it should be described that way.
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Posted 03/15/2022   09:43 am  Show Profile Bookmark this reply Add widglo46 to your friends list  Get a Link to this Reply
I called Kelleher last week to tell them about the omission of the crease in their description of this pair. I had to leave a message with a senior VP, and he never called me back. I wasn't surprised - that seems to be part of the business of philately; pretend you don't know anything.
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Posted 03/15/2022   10:49 am  Show Profile Bookmark this reply Add dudley to your friends list  Get a Link to this Reply
It will be interesting to see if the lot is withdrawn during the live auction.
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Posted 03/15/2022   11:15 am  Show Profile Bookmark this reply Add stallzer to your friends list  Get a Link to this Reply
So far the auction is starting with a delay..........
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Posted 03/15/2022   12:03 pm  Show Profile Bookmark this reply Add dudley to your friends list  Get a Link to this Reply
Nope. Sold for $550 with no mention of crease.
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Posted 03/15/2022   12:03 pm  Show Profile Bookmark this reply Add stallzer to your friends list  Get a Link to this Reply
Just hammered at $550 + tip
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Posted 03/15/2022   12:03 pm  Show Profile Bookmark this reply Add txstamp to your friends list  Get a Link to this Reply
I just noticed lot 23, listed as #7 6L1E isn't even a #7.
It is a #9 recut twice at bottom.
Maybe they had a sale announcement, I didn't listen.
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Posted 03/15/2022   12:07 pm  Show Profile Bookmark this reply Add txstamp to your friends list  Get a Link to this Reply

Quote:
Just hammered at $550 + tip


Clearly they should have mentioned the crease.

That said, this is a really cool specialist item.

Interesting enough - I paid exactly $550 hammer price, plus tip at a Rich Drews auction in the 1990s for this item. Of course that was a different time, different marketplace.
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Posted 03/15/2022   12:27 pm  Show Profile Check 51studebaker's eBay Listings Bookmark this reply Add 51studebaker to your friends list  Get a Link to this Reply

Quote:
Interesting enough - I paid exactly $550 hammer price, plus tip at a Rich Drews auction in the 1990s for this item. Of course that was a different time, different marketplace.


Counting for inflation...$550 1995 dollars are worth $960 today.
Don
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Posted 03/15/2022   12:46 pm  Show Profile Bookmark this reply Add dudley to your friends list  Get a Link to this Reply

Quote:
I just noticed lot 23, listed as #7 6L1E isn't even a #7.
It is a #9 recut twice at bottom.
Maybe they had a sale announcement, I didn't listen.


Yikes, tx, I didn't even notice that. No mention made, lot hammered at $850. Bad on Kelleher and on PSE!
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Posted 03/15/2022   1:00 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
It is quite striking to compare the sold prices today with the previous sales results for the same items when purchased from Siegel and/or Spink. A few equaled or exceeded but the vast majority went for much less. The owner or heirs are taking a bath.
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Posted 03/15/2022   1:48 pm  Show Profile Check docgfd's eBay Listings Bookmark this reply Add docgfd to your friends list  Get a Link to this Reply
It may all be part of the process of becoming a curmudgeon (I'm not yelling at clouds...yet), but the way Kelleher calls their auctions, somewhere between 'wise guy' and 'trying to be clever/amusing,' is starting to really irritate me.
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