The Value of the Stamp


Andrew Jackson (biography)
3c - Dark purple or purple
Triangles in Corners

Scott #268 - Double line USPS wmk. - 1895

 
NY Auction Houses
 
MNH
Graded
MH
MNH
Graded
Spring 2003
-
-
-
$75-$650
-
Fall 2003
-
-
-
-
-
Spring 2004
$8-$20
-
$8-$20
-
-
Fall 2004
$30-$40
-
$5-$15
-
-
Spring 2005
$5-$10
-
$5-$10
$350
-
Fall 2005
$45
-
$3-$12
$240
-
Spring 2006
-
-
$6-$12
$2,200
95
Fall 2006
$26
85
$6-$11
$360
90
Spring 2007
$16-$28
-
$7-$12
-
-
Fall 2007
$22
-
$5-$8
$1,000-$1,900
95
Spring 2008
$45
-
$7-$10
$220
85
Fall 2008
$60
-
$6-$31
-
-
Spring 2009
-
-
$7-$18
$200-$400
90
Fall 2009
$45
-
$5-$10
$160
85
$120
85
-
-
-
Spring 2010
$50-$70
-
$7-$20
-
-
Fall 2010
$24-$45
-
$6-$23
-
-
Spring 2011
$14-$28
-
$8-$17
-
-
Fall 2011
$20-$22
-
$6
-
-
Spring 2012
-
-
-
-
-
Fall 2012
-
-
-
-
-
Spring 2013
-
-
-
-
-
Fall 2013
-
-
-
-
-
Spring 2014
-
-
-
-
-
Used stamps are worth $1

Statistics


Issued: October 31st, 1895, earliest recorded date of use, October 20th, 1894. Earliest recorded cover, January 31st 1896

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

Printer: The Bureau of Printing and Engraving

Watermark: USPS, double lined, see below

Quantity Issued: 203,000,000. This stamp was not superceded until 1903, hence they are relatively common.

DETAILED FACTS AND FIGURES

The Post Office report from 1899 supplies one with almost every detail you would wish to know about this stamp, and every other stamp in this series. The level of detail is amazing. Click here for more on this report



What you should look for


The stamps were watermarked USPS and part of one of the three letters will be visible (sometimes barely so) when immersing the stamp in watermark fluid using a simple black watermark tray. By the way, you really have to believe you have got a valuable stamp before investing the $20 it costs to buy the afore mentioned items. You could use the cheaper alternative, Ronosol Lighter fluid, however, unlike watermark fluid, it is highly inflammable and dangerous to use, plus it stinks the house up.

Look for part of one of the above letters in the watermark
Remember, the letters have to be double lined. If single
lined then go here to identify your stamp

This was the first instance of the Bureau applying a watermark, it was applied to make counterfeiting more difficult. It is not known if the Bureau had anticipated the Chicago Counterfeits or added the watermark because of them. The story of the Chicago Counterfeit can be found on the page for Scotts #248.

As this was the Bureau of Printing and Engraving contract a small triangle was cut into the design at top left and top right. This distinguishes it from the earlier 1890.


The Inspiration for the Design


The design was taken from the portrait bust of Andrew Jackson by Hiram Powers. Now at Metropolitan Museum of Art in New York City.


Varieties to look for


There are some imperfs, although it is debatable that these were issued as such, they are more likely to be small die plate proofs. The imperf is sometimes referred to as Scotts #267a.

The value for MNH is around $120 for a pair.



The Essay's and Proofs


As mentioned directly above there is an imperf pair, fairly common which are in all likelihood finished plate proofs.



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