Leslie Hindman Auctioneers is delighted to be offering the heretofore lost Inverted Jenny position 79 at auction. This stamp has been in a private collection since it was separated from the original sheet of misprints in 1918. The Philatelic Foundation has authenticated the stamp, and it will be offered at auction on February 15, 2017 with a presale estimate of $200,000 – 300,000.
In addition to the Jenny, the sale includes an unknown example of a block-of-four center invert 1901 Pan American Automobile stamps (estimated at $150,000 – 250,000), a center invert 1901 Pan American Fast Express stamp (estimated at $15,000 – 25,000), a rare Tete-Beche pair of the Buffalo Balloon (estimated at $5,000 – 7,000) and an imprint block of twelve Bolivian 1924 center invert 10-centavo Air Post stamps (estimated at $10,000 – 15,000). The collection is not exclusive to airmail errors and includes, among others, an uncommon example of the 1909 Bluish Paper 8-cent stamp, which The Philatelic Foundation graded VF-XF 85 (estimated at $10,000 – 15,000).
The entire collection will be auctioned February 15 as part of The Lost Jenny 79 and Other Inverted Planes, Trains and Automobiles sale, which is set to begin at 12pm CT in Leslie Hindman Auctioneers’ Chicago saleroom. Catalogues for this sale are available for $10 at the gallery or $15 by mail. Contact 312.280.1212 to order a print catalogue.
This important philatelic collection will be followed by an afternoon sale at 2pm CT of other international stamps, coins and paper money. Catalogue listings for both sales will be available online at lesliehindman.com.