June 22nd, 2018

1858 5c brick red stamp to headline Siegel auction. The lot is to be realized for $80,000

FindYourStampsValue.com is delighted to let you know that Robert A Siegel is to auction one of the greatest US philatelic rarities during its “2018 Rarities of the World” sale that will take place on June 27. This is very fine, an extremely scarce, original-gum example of the 1858 5c brick red stamp that is to fetch more than $80,000 during the auction.

Many collectors know this issue due to its color peculiarities. The shade of the 5c issue was changed from dark red to brick red in 1858 and discontinued two years later in 1860. Only around 135,000 brick reds were printed. Of these few have survived and even fewer with their original gum. Almost two-thirds had stains or small faults. This sound example is a rarity among rarities.

At the time of issue, the stamp would have seen its greatest usage as prepayment for the 5c open mail rate. It was also used to make up the value of greater rates, making single usages on cover an exceedingly rare find. The stamp at auction is in fine to very fine condition and will be offered with 1958 A.P.S., 1974 and 2015 P.F. certificates.

 

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