#122 For Sale, I'm Thinking Of Picking It

DEFINITELY reperforated at the top side at the right (at least 2 perforations are deeper). Line up the perforations and you will see that the two at the right are lower.

Dutch Country is a great place to go to see an auction plus they have a very nice Stamp Store with supplies, catalogs, bargain boxes and a bid board. They used to feed us well too but I think that stopped with Covid. Just 1 bit of advice. The 1st time I went I looked at the estimates and planned on coming home with a truckload but DCA is notoriously conservative with their estimates. The bidding often goes past the estimate range before you can raise your bid paddle!

I think everyone should attend an auction it's fun even if you don't win anything.

Ken

Sometimes reperforations follow added margins. Especially when the reperforated margins are of normal size. Typically, reperforation will reduce margin size or, if on a straight edge, will have a hint of the original edge in the perf tips. Just be careful.

Good stuff guys! Dutch Auctions that's it! Thanks for the heads up Krelyea. I definitely look forward to it. This stamp is definitely a no go for me. I thank all of you.

Bubbachismo...
The stamp on ebay looked better centered than this one, now sold, from my collection. It's best quality was a red cancel and it was sound. Never did get a cert on it. I saw what looked like a beautiful well centered, never hinged! Sc 122 that was being offered by an antique dealer several months back from a firm in upstate New York. The problem with that auction was everything being offered, rare coils included were equally beautiful copies. Red flags to my eyes. I think the m/nh/ex fine 122 went for something around $3500...if legit, I think that was a great buy for someone. Good luck on your hunt.

Given that Siegel has never sold a single MNH 122 in their entire history you can bet the one you saw was not.

Let me guess, there was no cert.

The PF has never certified one either.

Rogdcam... When I called the antique dealer to question the validity of some of their too perfect coils, I was met with the following response..."Oh you stamp people, you are more trouble than worth.."" ...
It seems here that some very experienced people on this site have a lot of other collectors "backs" across the whole range of subjects here. Glad you are all here. Thanks

So if in fact it is reperfed, it still has a value in my opinion. Would a percentage of the value be the right way to establish what it is worth? I am thinking something like 75% or am I way off base in trying to put a formula on valuing this 122?

If it is reperfed there may be other hidden issues. Why flounder around trying to establish a value. Get one that has a clean cert. If you want to see what reperfed and non-reperfed examples have gone for you can look it up on SAN. Last year 166 122's were sold at auction there. Siegel sold another 40 or so.

Scotty: a mint 122 NH/XF would never sell for anyone near $3500.