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Encased Postage Stamp 12c Tremont House [151068]

Currency:USD Category:Coins & Paper Money Start Price:2,500.00 USD Estimated At:5,000.00 - 10,000.00 USD
Encased Postage Stamp 12c Tremont House [151068]
SOLD
16,000.00USD+ (3,520.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2022 Jul 23 @ 11:24UTC-7 : PDT/MST
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HB 125. Extremely rare denomination. Stamp: a little dirty on head, some crinkle; Mica: sound, excellent; Case: usual oxidation. Overall F-VF. There has been much discussion about this piece. A 12c would seem to be a normal denomination (1/8th of a dollar, as in a 12 1/2c token.") Q. David Bowers stated in 1989: "The 12c value is an extreme rarity, in the series; only two specimens can be accounted for presently. It was unknown to specialists until 1939. This from the Bracken Collection, a major U.S. accumulation.

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Provenance: Gary Bracken Collection