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US SC #39 Var W/ Extremely Rare Magenta "Presentation" Precancel. Scott $21,000.

 
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Posted 12/11/2020   2:36 pm  Show Profile Bookmark this topic Add Chipshot to your friends list Get a Link to this Message
The listing on ebay. Is this what it is represented to be? TIA
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Posted 12/11/2020   2:47 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
There is no link to the item.
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Posted 12/11/2020   3:02 pm  Show Profile Bookmark this reply Add txstamp to your friends list  Get a Link to this Reply
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Posted 12/11/2020   3:05 pm  Show Profile Bookmark this reply Add bankruptcollector to your friends list  Get a Link to this Reply
Found the same. Thanks txstamp.

Two things. One, for something this rare no cert, no bid. Two, a starting bid that low does not speak well either for the lot or the seller.

The seller isn't even offering to certify it for the winner.

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Posted 12/11/2020   3:09 pm  Show Profile Bookmark this reply Add txstamp to your friends list  Get a Link to this Reply
At first look it appears to be the typical magenta presentation cancel, believed to be associated with some sort of specimen, plate proof-pull or similar.

These are found on, I think all, of the 1857 issue stamps.
I have a pair of #24's as such.

This should not be considered as a used stamp, by the way.
It is a type of specimen or proof pulled from the regular plate.

edit: Siegel has sold a number of these, and they seem to hammer around $425-$650 + tip. They are neat items to be sure, but certainly not $21K items at all!
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Edited by txstamp - 12/11/2020 3:18 pm
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Posted 12/11/2020   3:25 pm  Show Profile Bookmark this reply Add mootermutt987 to your friends list  Get a Link to this Reply
I agree with txstamp on what it is. I, too, find it odd that this $21K 'CV' 'stamp' hasn't been certed. If I were the seller, I would know that such a stamp would bring a LOT more with a cert. So, just for that I would be leery. As for the starting price, when I was selling on ebay, I started all my stamps at $0.99. I think it brought more action, and it didn't make me look greedy. Granted, that was 20-25 years ago, and the ebay experience is completely different now, but a seller opening at a ridiculously low start only means that he (1) wants to sell it, and (2) probably thinks the action that results is good for the final realization. Whatever the seller's motivation, I don't see it as a warning flag. Of course, YMMV.
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Posted 12/11/2020   4:09 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
I have had a number of these types. Mostly 37's and I have a photo of this stamp that I had from a junk lot:


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Posted 12/11/2020   4:27 pm  Show Profile Bookmark this reply Add rismoney to your friends list  Get a Link to this Reply
These 2 had lines on PF Search were clean...

496285
420635
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Posted 12/11/2020   11:04 pm  Show Profile Bookmark this reply Add tsmatx to your friends list  Get a Link to this Reply
I am old hand on ebay but n00b to serious philatelic auction houses. I have never seen ebay seller offer to certify piece before shipping, usually ebay seller would get that sorted before putting on ebay. At max, offer money back if it comes back not genuine. I am still trying to wrap my head around serious philatelic auction house practice of 'extension', certifying on behalf of seller after purchase, that practice seems quite bizarre and old-school to me

Seller in question has long history with good feedback and listings going well into 4 digits-most without certs-although I don't see another quite to $21k level
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Posted 12/11/2020   11:16 pm  Show Profile Bookmark this reply Add shermae to your friends list  Get a Link to this Reply
Auction is also public- no bidders ID's hidden for what that's worth.
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Posted 12/12/2020   12:20 am  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply

Quote:
Seller in question has long history with good feedback and listings going well into 4 digits-most without certs-although I don't see another quite to $21k level


Feedback is meaningless. Sounds as if the seller has a client base that likes to gamble or is clueless as to what they actually purchased. The stamp is not worth $21,000, ever. Ever. Full Stop. So where did the seller get that number from? What is it based upon? That seller is trolling for uneducated suckers. Just one man's opinion of course.

Cheers

Edit : Took a closer look at the sellers sold listings. LOL Lots of "rare" stamps in "rare colors" with faults, reperfed, entire replaced corners. Yup, another huckster of "Rare $5000 stamp in Rare Ultramarine Shade with Rare cancel" stamps that end up selling for $100 to some poor schmuck who thinks they scored.

Good grief man.
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Edited by rogdcam - 12/12/2020 12:31 am
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Posted 12/12/2020   09:27 am  Show Profile Bookmark this reply Add wtcrowe to your friends list  Get a Link to this Reply
All denominations of the 1857-60 set exist with either magenta or black crossed lines, most with magenta. The rumor is they were cancelled this way as a means of demonetizing them prior to being given away.The term presentation copy is sometimes used. They are mentioned somewhere in the 1¢ books. I put together a complete set of all denominations in the early 80's. In January of this year I saw a different 90¢. I would classify them as uncommon, but not rare.
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Posted 12/12/2020   10:55 am  Show Profile Bookmark this reply Add Chipshot to your friends list  Get a Link to this Reply
Thank you all for the information. It does make a potential buyer wonder about the authentensity (SP?).
US $493.88
Enter US $498.88 or more
[ 20 bids ]
At 10:55 EST today. With 333:19 to go.
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Posted 12/12/2020   6:02 pm  Show Profile Bookmark this reply Add Chipshot to your friends list  Get a Link to this Reply
appears to have sold for $891.89
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Posted 12/12/2020   7:07 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
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