OCEANSIDE, N.Y. – An unused 1869 inverted center 15-cent U.S. stamp, one of only three known to exist, is expected to highlight the sale of the Newport Collection, to be held Saturday, Feb. 9, by Philip Weiss Auctions.
The auction will include 23 other coveted inverts – including an unused 1869 inverted center 24-cent U.S. stamp and a highly prized 24-cent Inverted Jenny.
In addition to these anticipated headliners, the sale will also feature more than 200 additional lots of stamps and coins, many of them exceedingly rare.
1869 15-cent inverted center stamp, #119b, unused, no gum, certified fine; one of only three known to exist.
The February sale will be the second auction of 2008 for Weiss. On Saturday, Jan. 26, the first day of a two-day weekend event will be dedicated to a prominent toy soldier collection, plus toys and trains. The Sunday session, Jan. 27, will also include two categories for which Philip Weiss Auctions has become synonymous in recent years: original comic book art and original comic strip drawings by the late cartoonist Charles Schulz, father of the Peanuts and Li’l Folks strips.
The Newport inverts, expected to generate intense crowd buzz and bidding at the Feb. 9 sale with an 1869 15-cent inverted center, #119b, unused, no gum. This example, one of only three known to exist, comes with a Fine Certification and exhibits some faint soiling in the left and right margins.
The 1869 24-cent inverted center, #120b, unused, no gum, is the only completely sound and fault-free example of this stamp. It comes with a Fine Certification. It is also the second best centered such stamp known to exist, and one of only four unused examples overall. The Scott Catalog values the stamp at $325,000. It is expected to hammer for between $200,000-$300,000.
Philip Weiss Auctions will come back on April 5-6, with a weekend sale that promises to be strong both days with a private collection of high-end mechanical banks, coin-operated machines and slot machines. The group will be led by a beautiful “Girl Skipping Rope” bank.
On Sunday, April 6, Philip Weiss Auctions will present Part 1 of the B. L. “Phil” Phillips Collection, featuring high-end robots and battery-operated space toys, all in original boxes. For more information, call 516-594-0731, or visit www.prwauctions.com.