Sale 725


 
Lot 303



1904, 2¢ Louisiana Purchase, imperf horizontally (Scott 324a), a bright, fresh block of 4, positions 13-14/18-19, o.g., lightly hinged at top, Choice Very Fine.
Scott $55,000.
Estimate $50,000 - 75,000

According to an article in Sloane's Column of February 8, 1958, the single recorded pane of 50 of this error was reportedly discovered within about six weeks of issue. It was purchased from a postal clerk in Cleveland, Ohio by prominent Cleveland collector, A.W. Weigel, who was secretary-treasurer of the Garfield-Perry Stamp Club and owner of the Ohio Stamp Co. He was also, according to the article, a "postal carrier". Weigel kept the pane intact and eventually sold it to famed collector George H. Worthington, also of Cleveland, reportedly for $100. The pane remained in Worthington's collection until 1917, when the collection was sold by J. C. Morgenthau & Co. The pane was divided prior to the sale, in order to allow multiple collectors to obtain examples of the error. 13 pairs from the pane were offered in the Morganthau auction, while the remaining 12 pairs were sold privately
.

 
Realized $42,500



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