The J. E. Safra 24c Inverted Jenny
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$20.00
The J. E. Safra
24c Inverted Jenny
May 21, 2014
NEW YORK CITY
© Copyright 2014
STAMPS COINS BANKNOTES MEDALS BONDS & SHARES AUTOGRAPHS BOOKS WINES WATCHES
145 West 57th Street 18th Floor New York, New York 10019
www.spink.com
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The J. E. Safra 24c Inverted Jenny
MAY 21 in New York and on and
SALE LOCATION YOUR SPINK TEAM FOR THIS SALE
For your questions about the sale lots:
SPINK SHREVES GALLERIES
George Eveleth
145 W. 57th St., 18th Floor
New York, NY 10019 Head of Philatelic Dept.
geveleth@spink.com
212/262-8400 Fax: 212/262-8484
410.852.8375
SALE DETAILS Richard Debney
Senior Philatelist
Wednesday, May 21, 2014 at 11:00 a.m. rdebney@spink.com
FOR YOUR PAYMENT
Sonia Alves
VIEWING OF LOTS Auction Administration,
Bidding & Payment
SPINK SHREVES GALLERIES salves@spink.com
145 W. 57th St., 18th Floor 212/262-8400
New York, NY 10019 FOR YOUR INTERNET BIDDING
Monday, May 12, 2014 10:00 a.m. - 5:00 p.m Luke Mitchell
Sale Room Administration
Tuesday, May 13, 2014 10:00 a.m. - 5:00 p.m
lmitchell@spink.com
Wednesday, May 14, 2014 10:00 a.m. - 5:00 p.m 212/262-8400
Thursday, May 15, 2014 10:00 a.m. - 5:00 p.m
Friday, May 16, 2014 10:00 a.m. - 5:00 p.m FOR YOUR SHIPPING INQUIRIES
Monday, May 19, 2014 10:00 a.m. - 5:00 p.m
Madison Lang
Tuesday, May 20, 2014 9:00 a.m. - 4:00 p.m Shipping Administration
mlang@spink.com
Other Days by Appointment 212/262-8400
Auctioneer:
Use this QR code to visit our online catalogue and leave proxy bids on Spink Live. Stephen Goldsmith, New York City,
You can download the QR Code Reader for iPhone, Blackberry and Android from Dept. of Consumer Affairs, License #1208097
App Store on your smartphone.
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Paper from Sustainable Forests and Clean Ink
For centuries Spink and its employees have been preserving and curating collectable items.
We now wish to play a modest role in preserving our planet, as well as the heritage of collectables,
so future generations may enjoy both.
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For more information about Spink Services, forthcoming
sales and sales results visit the Spink Website:
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Spink_Sale149InteriorFinal_Layout 1 4/18/14 9:19 PM Page 5
May 21, 2014 - New York
1918 Twenty Four Cent Inverted Jenny
The Finest of the Five Recorded Mint N. H. Copies
1001
1001 ★★ #C3a, 24c Carmine rose and blue, Center Inverted, pos. 77, an extraordinarily choice
✦ and exceptionally fresh mint example of this coveted and storied error rarity, wonder-
fully well centered amid large margins, beautiful rich colors on crisp clean paper, while
full and even perforations all around further enhance its considerable eye-appeal, plus
its reverse reveals immaculate original gum which is never hinged,light pencil num-
ber "77" at bottom right as marked by Eugene Klein on all positions on the sheet of 100,
choice very fine; the highest graded mint never hinged example; 2014 P.F. Certificate
(VF-XF 85; SSV $1,000,000.00 for VF 80).
The 1918 Twenty Four Cent Inverted Jenny is one of the most recognized and desired rarities in all of
philately. Its legendary status began the moment the stamp was issued in May, 1918, when William T.
Robey purchased the entire error sheet of 100 at the New York Avenue Post Office window in Washington
D.C. - May 14th - just one day after the stamp was issued. Within one week Robey sold the sheet for
$15,000.00 to the well-known Philadelphia stamp dealer Eugene Klein (an impressive return on his
initial $24.00 investment). Shortly thereafter Mr. Klein sold the sheet to the renowned, yet eccentric col-
lector, Col. Edward H.R. Green for $20,000.00. Col. Green asked Klein to break up the sheet for him
into singles and blocks, then instructed him to sell all but the few key position blocks. What is puzzling
is how, given the immediate attention created by a spectacular new error, so many of the stamps from the
sheet have been poorly handled and stored over the years. In fact, there are at least six examples whose
whereabouts are unknown and possibly lost to philately. A great many of the known copies have vary-
ing degrees of faults and some even have lost all of their original gum. Improper hinging has caused a
significant number of the faults, often thinning or creasing the stamps and nineteen have straight edges.
.
This example from the J.E. Safra holding, which he acquired in a 2 February, 1994
Christie's auction of the "Westport" collection for $173,000.00, is the finest of the mere
five mint never hinged copies of the 24c Jenny with inverted center recorded, the most
famous and widely recognized stamp in philately. It has previously graced the collec-
tions of Colonel Edward H.R. Green, Frederick H. Douglas of Rumson, N.J., who sold it
through John A. Fox at auction on 30 July, 1959 for $6,100.00 to Raymond H. Weill act-
ing as agent for Dr. J.A. Graves. It was next offered publicly at the 1982 Siegel Rarities
of the world auction, and sold again to Weill acting as agent for "Westport." It realized
$198,000.00 a then record price for a single United States stamp. The most recent
appearance of a mint n.h. copy was the Robert A. Siegel sale of the Beverly Hills
Collection in October, 2013. That copy, which was graded VF 80 by both the P.F. and
P.S.E. hammered for $500,000.00.(photo) 1,000,000.00
Spink_Sale149InteriorFinal_Layout 1 4/18/14 9:19 PM Page 6
THE J. E. SAFRA 24c INVERTED JENNY
CATALOG KEY
SYMBOLS
★ MINT (O.G.) OR UNUSED AS ISSUED BK COMPLETE BOOKLET
★★ MINT-NEVER HINGED BP BOOKLET PANE
(★) UNUSED (WITHOUT GUM OR REGUMMED) E ESSAY
❍ USED P PROOF
❏ BLOCK OF FOUR OR LARGER PB PLATE BLOCK
▲ ON PIECE R REPRINT
✉ COVER, CARD OR ON ENTIRE S SPECIMEN
✦ GRADED TC TRIAL COLOR PROOF
© CANCELLED
ABBREVIATIONS
c.d.s. CIRCULAR DATE STAMP ms. MANUSCRIPT
cplt. COMPLETE n.h. NEVER HINGED
fdc FIRST DAY COVER o.g. ORIGINAL GUM
h.r. HINGE REMNANT ovpt. OVERPRINT
h.s. HANDSTAMP pmk. POSTMARK
incl. INCLUDING s.e. STRAIGHT EDGE
CONDITION
EXTREMELY FINE - OUTSTANDING, THE HIGHEST QUALITY POSSIBLE.
VERY FINE - CHOICE CONDITION, WELL CENTERED; IF IMPERFORATE
WITH FOUR WELL CLEAR MARGINS.
FINE - SOUND IN ALL RESPECTS, PERFORATIONS CLEAR DESIGN; IF IMPERFORATE
MARGINS MAY BE CLOSE OR TOUCHING, BUT WILL NOT CUT DESIGN.
VERY GOOD - STAMPS ARE SO GRADED EITHER BY REASON OF GENERAL APPEARANCE OF
IMPERFECT CENTERING OR A FAULT.
At all times any faults such as a crease, tear, thin spot, etc. will be specifically described. In collection lots and balances the
condition described is meant to indicate the overall average to be found. Examples above and below the condition listed
can be expected. Typically we do not describe minor perforation separations on blocks or sheets as these are quite normal
and are not grounds for their return. In regard to covers, torn or partially missing black flaps, light filing folds and
small edge tears, unless they affect the adhesive or markings, are not justification for the return of a lot.
ESTIMATES
If an Estimated cash value is given, it is shown in the descriptions with the abbreviation “Est.” Estimates, which are in
United States dollars, are used when a lot is large or when it is not listed in the standard catalogs. Our estimates are
typically conservative and the lots invariably realize in the estimate ranges or higher.
www.Spink.com
Spink_Sale149InteriorFinal_Layout 1 4/18/14 9:19 PM Page 7
Terms and Conditions of Sale
This is a public auction and mail-bid sale held by SPINK, who are licensed and bonded auctioneers.
SPINK may not withdraw any lot after a call for bids has been made with respect to that lot, however, the
consignor of the property included in the lot (or any other lot) may bid on and purchase the lot for his/her own
account. If he/she does so, he/she must pay both the seller’s commission and buyer’s premium.
1. The placing of a bid constitutes full acceptance of these will be responsible for total purchase price in the event of
Terms and Conditions of Sale by the bidder. loss. SPINK cannot be and is not responsible for the loss of
2. The highest bidder acknowledged by SPINK shall be the any merchandise shipped outside the United States and
buyer. In the event of any dispute between bidders, SPINK therefore insurance on any items to be shipped outside the
may, at its sole discretion, immediately put the lot up for sale United States is solely the responsibility of the buyer. It is also
again. SPINK’S decision shall be final and binding upon all the responsibility of the buyer to provide adequate insurance
bidders. A buyer’s premium equal to 20% of the successful coverage for the items once they are in his/her possession.
bid price of each lot up to and including $2,000.00 and 15% Risk of loss shall be borne by the buyer following shipment
of the excess bid price will be added to each invoice and is of the items and SPINK assumes no liability for merchandise
payable by the buyer as part of the total purchase price. lost, stolen or damaged while in the possession of a party to
whom merchandise has been shipped. For international ship-
3. All bids are to be per lot as numbered in this catalog. SPINK
ments, all duties/taxes/fees are the sole responsibility of the
reserves the right to group two or more lots together and to
buyer.
withdraw, prior to call for bids, any lot(s) from the sale. Bids
will be accepted in whole dollar amounts only, and SPINK 8. In the event a successful bidder fails to pay the charges due,
reserves the right to reject any bid or advance the bidding at SPINK reserves the right to resell the merchandise and the
its discretion. buyer agrees to pay for the reasonable cost of such a sale
including a 10% seller’s commission, and also to pay any
4. SPINK may not withdraw any lot after a call for bids has been
difference between the resale price and the winning price of
made with respect to that lot, however, the consignor of the
his/her previously successful bid.
property included in the lot (or any other lot) may bid on
and purchase the lot for his/her own account. If he/she does 9. SPINK reserves the right to require payment in full before
so, he/she must pay both the seller’s commission and buyer’s delivery of the merchandise to the buyer. Bidder personally
premium. guarantees payment, and if a corporation, an officer or
principal in the corporation agrees to personally guarantee
5. SPINK may have made advances and loans available to
payment. Title to any purchased items remains with SPINK
certain consignors and bidders in the sale. SPINK reserves
until all invoices are paid in full. SPINK reserves the right to
the right to bid on any lot in the sale. Additionally, SPINK
await clearance of any check used for payment before
may or may not have financial interest in any of the lot(s) in
delivery of any item and a $25.00 charge will be applied for
the sale.
any check that fails to clear.
6. All sales are strictly for cash, check and bank/wire transfer in
10. SPINK reserves the right to refuse to honor or reject any bid
United States dollars; However, SPINK will only accept cash
which, in its opinion, is not submitted in good faith, or,
payments under $10,000.00. SPINK offers clients the option
as the case dictates, is not supported by satisfactory
of paying by credit card (Visa, MasterCard, and American
references, as SPINK in its sole discretion shall determine.
Express only) in United States Dollars for a convenience
SPINK further reserves the right to ban any bidder from
charge of two percent (2%) for Visa and MasterCard and four
participation in its sales for any reason deemed appropriate in
percent (4%) for American Express, up to a total of
its sole discretion.
$30,000.00.Credit card payments will only be accepted if (a)
the purchase is made by the card holder, (b) any purchased 11. No minors may participate in any SPINK sales.
items to be shipped are shipped to the cardholder’s verified 12. Bids will be executed for mail bidders at one advance over the
billing address, (c) floor bidders present their credit cards and next highest bid in competition with floor and/or internet
(d) all returns are governed by the terms and conditions of bidders, until the maximum bid is executed for the mail
the sale. Payment is due and payable immediately upon bidder, or until the lot is sold. No buy or unlimited bids will
receipt of the auction invoice or, if payment is to be made at be accepted. No additional commission (except for the
the auction site, simultaneously with receipt of the purchased buyer’s premium) is charged for executing mail bids. SPINK
items. SPINK reserves the right to void a sale if payment in cannot and does not assume any responsibility for errors
full of the invoice is not received by SPINK within fifteen made in the amount bid or lot numbers listed, so check your
(15) days of the date of invoice. A late charge in the amount bid sheet and online submission carefully. When identical
of the lesser of 18% per annum and the maximum lawful rate mail bids are submitted, preference is given to the first
will be charged on the invoice total if payment is not received received.
within thirty (30) days of the date of the invoice. All lots are 13. SPINK may reopen the bidding on a lot under the
subject to applicable state and local taxes, unless appropriate following circumstances: (a) SPINK has failed to execute cor-
resale certificates are on file with SPINK. rectly a mail bid; (b) A party purchasing the lot on the floor
7. Shipping, handling and administration charges will be added has done so in error; (c) Where a protest is made after the
to invoices for lots delivered by mail. All lots will be shipped hammer has fallen but before bidding has commenced on the
via U.S. Express Mail to Post Office boxes, via Federal next lot; (d) Where the auctioneer has determined that
Express to street addresses, and FedEx ground for bulky large he/she has overlooked a party still bidding on the
lots (in the U.S. only). Purchases shipped via FedEx will not lot but before the calling of the next lot; and (e) At the
be covered by SPINK insurance in the event that the buyer discretion of the auctioneer. In the event of a dispute, the
has placed a “signature release” on file with FedEx. Buyer auctioneer’s decision shall be final.Spink_Sale149InteriorFinal_Layout 1 4/18/14 9:19 PM Page 8
14. Agents executing bids on behalf of clients will be held buyer’s receipt of the lot. The following lots may not be
responsible for all purchases made on behalf of clients unless returned for any reason whatsoever: (a) lots containing ten or
otherwise arranged prior to the sale. more items; (b) lots described as having faults or defects
15. The same protections applicable to SPINK shall apply to because of the faults described or any others, including lots
each officer, director and employee of SPINK unless such described as “repaired”, “corroded”, “holed”, “whizzed”, or
individual shall be convicted of knowingly and intentionally similar damage, except for non-authenticity; (c) illustrated
selling false or stolen goods. lots because of centering, margins, etc. or other factors
16. The descriptions provided in the catalog are intended shown in the illustrations; (d) lots described “AS IS”,
solely for the use of those bidders who do not have including third party graded coins or banknotes (i.e. PCGS,
the opportunity to view the lots prior to bidding. All NGC, ANACS, ICG); (e) lots valued primarily for the
photographs in the catalog are as accurate as can be bullion content; (f) lots examined by postal viewers; and
reproduced with today’s technology; however, they cannot (g) any philatelic extension lot unless the conditions set forth
be relied upon for exact reproduction of color. All bidders in Item 18 above is complied with fully. Except for lots placed
who have inspected the lots prior to the auction will not on extension, as per the conditions of Item 18 above, no lots
be granted any return privileges, except for reasons of may be returned for any reason whatsoever after thirty (30)
genuineness. It is presumed that all floor bidders have days from sale date. Late payment for purchase may,
inspected the lots prior to bidding. Therefore, lots purchased at SPINK option, be considered just cause to revoke all
by floor bidders are sold “AS IS” and may not be returned. return privileges. If any disputes arise regarding payment,
Floor Bidders include those bidders acting as agents for authenticity, or description between the bidder and SPINK,
others. Additionally, SPINK reserves the right to describe SPINK at its sole discretion, may submit the disputed matter
items differently than the descriptions shown in the catalog to binding arbitration in New York, NY, to which the bidder,
should such items be consigned to any future auction. by placing a bid and hereby accepting these Terms and
Conditions of Sale, agrees to be bound.
17. All the lots are sold as genuine. For the purpose of this sale,
“genuine” is defined as not faked or forged and SPINK will 20. United States coins and currency will not, in conformity with
not knowingly sell any item that has been “repaired’, the law, be opened at less than face value.
“restored”, “processed”, “cleaned”, “pressed” or “con- 21. The auctioneer reserves the right to postpone the sale by
served” in any way without disclosure of such facts to the auction for a reasonable period of time as a result of
potential buyer. any significant event which, in the sole discretion of the
18. The following conditions apply to requests for expertization auctioneer, makes it advisable to postpone the event. No
of philatelic items: (a) Mail bidders are asked to advise prospective bidder or prospective buyer shall have recourse as
SPINK of any extension requests at the time of placing their a result of any postponement
bids; (b) Floor bidders must advise SPINK of any extensions 22. In the event SPINK refers an invoice(s) to an attorney for
in writing at the time of lot settlement; (c) SPINK will collection, the buyer agrees to pay SPINK attorney’s fees,
submit all items so requested by successful bidders to the court costs, witness fees and other costs incurred by SPINK.
reputable authority of their choice; For United States stamps, 23. THESE TERMS OF SALE SHALL BE GOVERNED
the Philatelic Foundation and the Professional Stamp Experts BY AND CONSTRUED IN ACCORDANCE WITH THE
are the accepted authorities. (d) Purchasers of items LAWS OF THE STATE OF NEW YORK, WITHOUT GIV-
submitted for expertization must pay as part of the purchase ING REGARD TO THE PRINCIPLES OF CONFLICTS
price all charges for expertization, including postage and OF LAW. THE SIGNER OF A SPINK BID SHEET OR
handling; (e) Purchasers of items to be expertized must PARTICIPANT IN THE AUCTION AGREES THAT
make payment in full immediately upon purchase prior to EXCLUSIVE VENUE FOR ANY DISPUTE WITH
expertizing; Refunds will be made promptly for all sums RESPECT TO THESE TERMS OR IN CONNECTION
if in the unlikely event an item is returned with a negative WITH SPINK SHALL RESIDE IN A STATE OR FEDER-
opinion; (f) Requests for expertization of stamps with AL COURT
certificates dated within the last five (5) years of the sale date LOCATED IN NEW YORK, NY.
will not be granted; (g) No lot may be returned due to a 24. On-line Bidding — SPINK offers internet services as
certification service grading a stamp differently than the a convenience to our clients, but SPINK will not be
grade stated in the auction description; (h) No lot will responsible for errors or failures to execute bids placed on the
be accepted as a return from expertization if the item is internet, including, without limitation, errors or failures
indelibly marked as being altered or fraudulent by the caused by (i) a loss of connection on SPINK or your end; (ii)
expertizing authority; and (i) No lot will be accepted as a a breakdown or problems with the online bidding software
return, for any reason whatsoever, including extension and/or (iii) a breakdown or problems with a client's internet
returns, after four (4) months from the sale date. Any connection, computer or system. Execution of on-line
exceptions to this time limitation must be agreed to in internet bids is a free service undertaken subject to other
writing at SPINK sole discretion. commitments at the time of the sale and SPINK does not
19. No lots may be returned without a written request by the accept liability for failing to execute an online internet bid or
successful bidder and the written approval of SPINK. In the for errors or omissions in connection with this activity.
unlikely event of returning a lot, SPINK must receive
notification of the buyer’s intent within three (3) days of the
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May 21, 2014 - New York
Page 9Spink_Sale149InteriorFinal_Layout 1 4/18/14 9:19 PM Page 10
THE COLLECTOR’S SERIES SALE
Live Internet Bidding at SPINK/Shreves Galleries Auctions
Bid from your computer and be a part of the LIVE auction
anywhere that you can connect to the Internet.
There's NO SUBSTITUTE for following the auction in real time.
Live Internet Bidding lets you bid and buy as though you were right there in the saleroom.
And it's easy.
The following is a step-by-step guide on registering,
setting your internet browser and using the auction bidding interface.
Start by following the simple steps to become a registered Live Internet Bidder.
Once you've been approved for bidding, you can listen to the auction and place bids with the click of a mouse.
Registering to bid online with SPINK
Live Internet Bidding is managed by Stamp Auction Network http://www.stampauctionnetwork.com.
To bid, you must be registered and approved by both SAN and SPINK/Shreves Galleries
To decide what you need to do, choose the description below that best fits you.
I've never bid with SPINK nor registered with SAN. Log on to the auction for SPINK at
Go to stampauctionnetwork.com and click on "Register" at the
stampauctionnetwork.com
top. Check the box for SPINK/Shreves Galleries and submit the When you're logged on as a Live Internet Bidder, the bidding inter-
form with your trade references (please, no family members or face shows a photo and description of the lot, the current bid (and
credit card companies as references). Once registered at SAN and your bidding status), options for placing competitive bids and but-
approved by SPINK for bidding, you're ready for internet bidding. tons with bid increments.
• After you click on a bid amount, the auctioneer is immediately
notified of your bid.
• Retracting a bid is usually not acceptable, so please bid carefully.
I've bid through SAN before, but this is the first time • If you bid and then decide to stop, the "Pass" button will tell the
I've bid in a SPINK/Shreves Galleries sale. auctioneer you are no longer bidding.
• You can send messages to the auctioneer (for example, a request
Then you just need to be approved by SPINK . Go to for extension).
stampauctionnetwork.com and click on "Update Registration" at the • You can track prior realizations from the bidding screen.
top. Your SAN account information will be sent to us for approval
(you might be asked for other trade references). Once approved by
SPINK for bidding, you're ready for internet bidding.
I'm a SPINK/Shreves Galleries client, but I'm not
registered with SAN,
Live Internet Bidding works by allowing registered bidders to
Go to stampauctionnetwork.com and click on "Register" at the top. observe and place bids.
Check the box for SPINK and submit the form, indicating you are a Live Internet Bidding will work with any browser on both PC and
Spink/Shreves Galleries client. Once registered at SAN, you're ready Mac operating systems.
for internet bidding. Before bidding by internet for the first time, we recommend
finding a sale in progress and listening to the public broadcast or
I've already registered with SAN and have been logging in as a registered bidder. This will help you develop a feel
approved by SPINK/Shreves Galleries for internet bid- for the sale tempo and bidding interface.
ding.
Slow or Lost Internet Connections do occasionally happen. Call us for assistance at (212) 262-8400.
If you are uncomfortable with your internet skills, we can offer other bidding solutions.
www.Spink.comSpink_Sale149InteriorFinal_Layout 1 4/18/14 9:19 PM Page 11
145 W. 57th St., 18th Floor, New York, NY 10019
Toll Free: 1-800-556-7826
(212) 262-8400 ✦ Fax: (212) 262-8484
E-mail: usa@spink.com
MAIL BID FORM
Name (please print) ________________________________________________________
Company Name __________________________________________________________
The J. E. Safra
Address __________________________________________________________________ 24c Inverted Jenny
City, State, Zip ____________________________________________________________
Daytime Phone__________________________ Evening Phone __________________
FAX No.__________________________ E-mail: ________________________________
Lot # Bid Amt. $ Lot # Bid Amt. $ Lot # Bid Amt. $
Tear Here & Return In Enclosed Envelope
❑ Check here if you wish to limit your total amount of purchases. If Necessary, please increase my bid by:
(Hammer Price Only)
❑ 10% ❑ 20% ❑ 30%
Limit total: $ ____________________________
To ensure that bids will be accepted and delivery of lots not
delayed, bidders not yet known to SPINK should supply a list Dealer References: (list city, state, zip, & phone)
of Dealer References. SPINK offers clients the option of pay-
ing by credit card (Visa, MasterCard, and American Express ________________________________________________________________
only) in United States Dollars for a convenience charge of
two percent (2%) for Visa and MasterCard and four percent ________________________________________________________________
(4%) for American Express, up to a total of $30,000.00.
________________________________________________________________
Name (on credit card) ______________________________________________________ Security Code:
Card
Number: Exp. Date:
Signature: __________________________________________________________Date: ____________________
I have read and agreed to all the Terms and Conditions of Sale for this catalog.
Please note there is a 20% buyer’s premium added to the hammer price of each lot up to and including
$2,000.00 and 15% of the excess of the hammer price above $2,000.00.Spink_Sale149InteriorFinal_Layout 1 4/18/14 9:19 PM Page 12
THE J.E. SAFRA 24c INVERTED JENNY
Lot # Bid Amt. $ Lot # Bid Amt. $ Lot # Bid Amt. $
BIDDING INCREMENTS
The auctioneer generally advances the bidding in the following incremental amounts:
Up to $100 ........................................by $5 $7,500 to $15,000..................... by $500
$100 to $300 ....................................by $10 $15,000 to $30,000...................by $1,000
$300 to $750 ....................................by $25 $30,000 to $75,000................... by $2,500
$750 to $1,500..................................by $50 $75,000 to $150,000................. by $5,000
$1,500 to $3,000 ..............................by $100 $150,000 to $300,000............... by $10,000
$3,000 to $7,500 ..............................by $250 $300,000+..................................by $25,000
Please note, however, that the auctioneer may, in his or her sole discretion, vary the bidding increments
during the course of the auction to expedite the bidding.
www.Spink.comS149Cover_Layout 1 4/18/14 8:37 PM Page 2
SALE CALENDAR 2014
STAMPS
1 May The Philatelic Collector’s Series Sale London 14021
14 May Specialized Great Britain Stamp Sale London 14022
7 June The Philatelic Collector’s Series Sale Hong Kong CSS10
18 June The “Garrison” Collection of New Guinea “G.R.I.” Surcharges London 14023
19 June The “Lionheart” Collection of Great Britain and British Empire, Part III London 14027
10 July The Philatelic Collector’s Series Sale London 14024
27/28 August The Collector’s Series Sale New York 150
10 September The Philatelic Collector’s Series Sale London 14025
20 September The Philatelic Collector’s Series Sale Hong Kong CSS12
21 September Stamps and Covers of South East Asia Singapore 14026
COINS
17/18 June The Numismatic Collector’s Series New York 320
25/26 June Ancient, British & Foreign Coins and Commemorative Medals London 14005
21 August The Numismatic Collector’s Series Hong Kong CSS11
17/18 September The Numismatic Collector’s Series New York 322
22/23 September Ancient, English & Foreign Coins and Commemorative Medals London 14006
15 November The Numismatic Collector’s Series Hong Kong CSS13
3/4 December Ancient, English & Foreign Coins and Commemorative Medals London 14007
BANKNOTES
17/18 June The Numismatic Collector’s Series New York 320
15 July World Banknotes London 14009
21 August The Numismatic Collector’s Series Hong Kong CSS11
7/18 September The Numismatic Collector’s Series New York 322
30 September World Banknotes London 14013
1/2 October World Banknotes London 14013
15 November The Numismatic Collector’s Series Hong Kong CSS13
MEDALS
24 July Orders, Decoration, Campaign Medals & Militaria London 14002
20 November Orders, Decoration, Campaign Medals & Militaria London 14003
BONDS AND SHARES
30 May Bonds and Share Ceritificates of the World London 14016
19 June Stock and Bonds of the World New York 321
21 August The Numismatic Collector’s Series Hong Kong CSS11
15 November The Numismatic Collector’s Series Hong Kong CSS13
28 November Bonds and Share Ceritificates of the World London 14017
AUTOGRAPHS
17/18 June The Numismatic Collector’s Series New York 320
17/18 September The Numismatic Collector’s Series New York 322
WINES
29 May An Evening of Exceptional Wines Hong Kong SFW08
31 July An Evening of Exceptional Wines Hong Kong SFW09
The above sale dates are subject to change
Spink offers the following services:
– VALUATIONS FOR INSURANCE AND PROBATE FOR INDIVIDUAL ITEMS OR WHOLE COLLECTIONS –
– SALES ON A COMMISSION BASIS EITHER OF INDIVIDUAL PIECES OR WHOLE COLLECTIONS –$20.00
The J. E. Safra
24c Inverted Jenny
May 21, 2014
NEW YORK CITY
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