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Valued Member
United States
87 Posts
Posted 02/13/2018   11:46 pm  Show Profile Bookmark this reply Add Reedededge to your friends list  Get a Link to this Reply

Quote:
Reedededge, other auction houses besides Siegel also sell the 476A. Because of their rarity they don't appear in auctions as often as most other stamps of that period but the major auction houses sell them, the PF expertizes them, and the Scott catalog lists them. I doubt if those facts change in the future without more solid evidence being discovered that definitively proves that they could not exist.


I think that the jury is still out on this one, but my understanding is that several examples on one of the two purported sheets of unwatermarked paper showed ghost watermarks. I was always a bit skeptical of the explanation of the circumstances surrounding this stamp's existence, so the discovery of several ghost watermarked specimens did not shock me. It is missing in my collection by design, and will continue to until I am certain of its legitimacy. My understanding is that Kelleher, the Harmers and Cherrystone all steer clear of #476A. I do notice that 3-4 examples/year do show up in Siegel sales. For the longest while, I was a perennial under-bidder on this stamp. In retrospect, maybe those were the "Auction Gods" trying to deliver a message. I'm not professing to know the answer to this question, and I'm well aware that Scott still catalogs this variety and PF (and others) still certify it. But, I think spending $4-$5K on a stamp whose future may be uncertain is not the best proposition. Just MHO in the "for what it's worth" department....
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Valued Member
United States
291 Posts
Posted 02/14/2018   12:44 am  Show Profile Bookmark this reply Add Rhett to your friends list  Get a Link to this Reply
Reedededge, I remember Kelleher having 2 of the 476As in one of its Flagship sales just last year (2017). There is no question that it's value has gone down over the past few years due to the controversy and I understand your reticence to get one at this time. Personally, I think it will always be a listed stamp because the experts can't agree on it and no new information seems to be coming to light despite aggressive historical research lately.
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Valued Member
United States
105 Posts
Posted 02/20/2018   08:21 am  Show Profile Bookmark this reply Add jimwentzell to your friends list  Get a Link to this Reply


THIS Great Britain Postal Union Congress 1 stamp from 1929 would be nice, preferably on a non-philatelic-looking, non FDC cover. They come up for auction every once in a while, recently around $8,000 estimate.

--Jim Wentzell
stampguyaps177-681
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Pillar Of The Community
United States
573 Posts
Posted 02/20/2018   8:58 pm  Show Profile Bookmark this reply Add Stampman2002 to your friends list  Get a Link to this Reply
There was an extensive article in either the AP or the USS a while back (the last couple of years) which showed that USA Scott 476A does not exist. There were several certified 476A's examined with the powerful scope the PF now has which clearly showed traces of a watermark on all of them.

I have removed that from my want list entirely and when I build that album page, it will not be included. I'll have a note explaining that while the Scott catalogue still lists it, there are no known, recently certified copies.
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Edited by Stampman2002 - 02/20/2018 8:59 pm
Valued Member
United States
291 Posts
Posted 02/20/2018   9:41 pm  Show Profile Bookmark this reply Add Rhett to your friends list  Get a Link to this Reply
Stampman, collect what you like and don't collect what you like but what you say above is just not true. There certainly are recent PF certs for 476A and you will need to give a reference for this article you are quoting because I don't believe it exists. (An article may exist giving one side of the story but no article exists condemning the 476A that is widely accepted as accurate.) A decade ago PSE announced its theory that 476A did not exist and they would no longer certify them. When PSAG was founded circa 2009 it announced it would not certify 476A as well. But the PF has never wavered in its certification of 476A and Scott continues to list it, because the evidence remains inconclusive as to whether it does not exist.
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