"Lady Mcleod" stamp was hit at Spink London auction. The lot was sold at a great price!

September 30th, 2015

StaтpNews.com would like to inform our readers about the latest auction news. During the recent philatelic sale at Sink London an 1847 Trinidad "Lady Mcleod" stamp has become an extremely popular lot that was sold for £34,000 (US$51,775). It led the auction of the Vestey collection on September 24.

The Lady McLeod was a steamship that operated in the Caribbean in the 19th century.

Spink comments: "The steamship 'Lady McLeod' plied between Port of Spain and San Fernando carrying passengers, freight and mail.

"In April 1847 the owner, David Bryce, made a stamp available so that those who wished to send letters were able to prepay the charge for carrying them on board his ship". A little bit of history…

The stamp was the "Lady McLeod", privately produced and issued to frank mail en route to the nearest government post office. Though not issued by the government, the Lady McLeod local is esteemed by collectors and is recognized in catalogs.

David Bryce, owner of the Lady McLeod steamship, issued the stamp to prepay fees for carrying letters aboard his vessel, named for the wife of Trinidad's governor general, Henry George McLeod. Bryce established an advance cash payment plan for his mail service of $1 per month for subscribers; for nonsubscribers, the fee was 10 cents per letter.

The stamp depicts the Lady McLeod vessel above the scripted monogram "LMcL" printed in blue. There is no denomination on the stamp. It was sold singly for 5 cents or in sheets of 100 at a discounted price of $4. Two stamps were required for a letter.

It is not known who printed the Lady McLeod stamps. Most used Lady McLeods are canceled by pen in the form of an "X". The Scott Standard Postage Stamp Catalogue lists a pen cancel of the Lady McLeod at $10,000. The first official government stamps of Trinidad, issued between 1851-53, list from $6 to $300.

Sourced by paulfrasercollectibles.com