The Value of the Stamp


Daniel Webster (biography)
10c -
Green, Dull green or Dark green
Scott #258  - Un-watermarked - 1894

Poorly centered

 
NY Auction Houses
 
MNH
MH
Used
MNH
Graded
MH
Graded
Used
Graded
Fall 2003
-
-
-
$300-$475
-
-
-
-
-
Spring 2004
-
$30-$60
$1
-
-
-
-
-
-
Fall 2004
-
$30-$70
$1-$2
-
-
-
-
-
-
Spring 2005
-
$50-$150
$1-$3
-
-
-
-
-
-
Fall 2005
-
-
$3-$5
$475
-
-
-
-
-
Spring 2006
$300
$30-$80
$2-$3
$1,050
85
-
-
-
-
Fall 2006
-
$40-$105
$1
$1,050
85
$525
90
-
-
Spring 2007
$300
$23-$45
$1-$2
-
-
-
-
-
-
Fall 2007
-
$75
$1-$2
-
-
-
-
-
-
Spring 2008
-
$65-$100
$1-$3
-
-
-
-
-
-
Fall 2008
-
$40-$85
$1-$4
$1,500
85
$325-$525
90
-
-
-
-
-
$1,000
85J
-
-
-
-
Spring 2009
-
$45-$75
$1-$4
$3,000
90J
$400
90
-
-
Fall 2009
-
$35-$40
< $1
-
-
-
-
-
-
Spring 2010
-
$40-$110
$1-$2
-
-
-
-
-
-
Fall 2010
-
$45-$80
$1-$2
$475
75J
-
-
-
-
-
-
-
$4,750
95J
-
-
-
-
-
-
-
$23,500
98
-
-
-
-
Spring 2011
-
$60-$90
$1-$7
-
-
$650
90
-
-
-
-
-
-
-
$2,200
98
-
-
Fall 2011
-
$50-$60
$1-$3
$425
75J
$550
95
-
-
-
-
-
$6,250
95J
-
-
-
-
Spring 2012
-
-
-
-
-
-
-
-
-
Fall 2012
-
-
-
-
-
-
-
-
-
Spring 2013
-
-
-
-
-
-
-
-
-
Fall 2013
-
-
-
-
-
-
-
-
-
Spring 2014
-
-
-
-
-
-
-
-
-

Facts and Statistics


Issued: Issued September 17th 1894, Earliest recorded date of use, November 19th, 1894.

Plate Size: Sheets of 400 subjects (4 panes of 100)

Printer: The Bureau of Printing and Engraving, their first contract

Watermark: None

Quantity Issued: 12,263,180



What you should look for


Below is a typical example of the 1894 Bureau Issue, you will notice the blind perfs and rough appearance of the perforations. The machines for perforating the stamp had just been relocated from New York to Washington DC and did not have the old operators from the ABC, consequently the new operators took some time to get used to perforating the large sheets of 400 stamps. By the next issue, in 1895, they had got the practice down to a science, hence that issue has nice clean cut perforations. The untidy perforations of this issue does not detract from its value.

Occasionaly postmarks from states that had tiny amounts of mail in this year can add to the value. This is particularly true of Alaska and the Territories. For a list of the number of stamps issued by each state in the year ending 30th June 1894 click here.



The Inspiration for the Design


The source photograph of Daneil Webster is shown below.

The final design saw Daniel Webster as the chosen subject, a decision made over General Sherman, who was chosen for the 8c design and John Adams. If John Adams had been chosen the stamp would have looked like the illustration below.


Varieties to look for


There are imperforate pairs, probably from the sheet that Brookman refers to. They are more than likely proofs, however Scotts gives it a 258a designation. The retail value for a hinged pair is $300. Used copies, of which I have seen
only one at an auction, sell for $550.

There is also a variety, not recorded by Scotts of horizontal imperforate,
an example of which is shown below. It carries no premium in price over a normal single.



The Essay's and Proofs


258-P1
Large Die Proof on India
58 x 61mm, die sunk on 152 x 203mm card

258-P1
Large Die Proof on India
58 x 61mm, die sunk on 74 x 81mm card

258-P1a
Die Proof on Stamp Paper

258 P2 US Proof Stamp

298 P2
Small Die Proof


 


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