1901 Postage Stamps US Postage Stamps

The value of the stamps Statistics and facts about the stamp
what you should look for how the stamp was made
Varieties of the stamp the making of the stamp

The Value of the Stamp


'Fast Express'
THE FASTEST MAN COULD TRAVEL!!
2¢ - Carmineand black, dark carmine and black, rose carmine and black or scarlet and black
Scott #295 - 1901

  NY Auction Houses
  MNH Graded MH Graded MNH Graded
Spring 2003 - - - - - -
Fall 2003 - - - - - -
Spring 2004 $8-$20 - $4-$8 - - -
Fall 2004 $11-$30 - $4-$10 - - -
Spring 2005 $20-$50 - $4-$10 - - -
Fall 2005 $8-$25 - $2-$7 - - -
Spring 2006 $10-$50 - $2-$5 - $375 95
Fall 2006 $20-$30 - $4-$10 - $400 95
- - - - $575 95J
Spring 2007 $10-$25 - $3-$10 - - -
Fall 2007 $14-$30 - $3-$7 - $300 95
Spring 2008 $12-$30 - $3-$8 - $125 90
$12 50 $44 95 - -
$19 70 - - - -
$55 85J - - - -
Fall 2008 $10-$27 - $3-$8 - $105 90
- - - - $200 95
- - - - $1,150 98
Spring 2009 $14-$50 - - - $180-$210 95
$150 95 $5-$9 - $1,000 98
- - - - $1,300 98J
Fall 2009 $7-$30 - $4-$6 - $850 98
$210 95 $690 98 - -
Spring 2010 $11-$25 - $4-$8 - $350 95
Fall 2010 $12-$50 - $4-$11 - $20 75
$50-$100 90 - - $30 85
- - - - $120 90
- - - - $260 95
- - - - $500-$700 98
Spring 2011 $10-$30 - $4-$11 - - -
- - $50 95 - -
Fall 2011 $12-$50 - $6-$9 - $750 98
$23 80 - - $280 95XQ
2012 $9-$30 - $4-$8 - $250 95J
$60-$95 90 - - $475 98
2013 - - - - - -
2014 - - - - - -
2015 - - - - - -
2016 - - - - - -

The value of the used stamp is $1

295
2¢ - Rose carmine and black
Scott #295a - 1901
Center inverted - 200 issued
64 unused, 6 used, and 2 blocks of 4 (one reconstructed) exist
Less common than the 1¢ invert

  NY Auction Houses
  MNH MH Graded Used
Spring 2003 - $11,000-$15,000 - -
Fall 2003 - - - -
Spring 2004 - - - -
Fall 2004 - - - -
Spring 2005 - - - $50,000
Fall 2005 - - - -
Spring 2006 - $29,000-$33,750 - -
Fall 2006 $57,500 - - -
Spring 2007 $55,000 $35,000 - -
Fall 2007 - $115,000 90 -
Spring 2008 - - - -
Fall 2008 - - - -
Spring 2009 - $35,000 70 $35,000
- $47,500 80 -
- $90,000-$105,000 90 -
Fall 2009 - - - -
Spring 2010 - $41,500 70 -
Fall 2010 - - - -
Spring 2011 - $65,000 - -
Fall 2011 -
$37,500
- -
2012 - $23,000-$29,900 - -
2013 - - - -
2014 - - - -
2015 - - - -
2016 - - - -

Statistics

Issued: Introduced on May 1st, 1901. Earliest documented use is the same date, example shown below.

295 Cover US Postage Stamps
#295 first day cover

Plate Size: Sheets of 200 subjects (2 panes of 100).

295 pane US Postage Stamps
A full pane of 100

Printer: The Bureau of Printing and Engraving

Watermark: Double lined USPS watermark.

Quantity Issued: 210,000,000, it paid the standard letter rate at the time.

What you should look for

Vignette Shifts

The has the most vignette shifts of all this series, probably explained by the fact that this was the most common stamp and as such registration of the vignette was not a big deal. One has to remember that this was the bureau's first attempt at bi-color stamps, it was supposed to have been the Trans-Mississippi series but that venture was canceled at the last moment.

Shown below are some vignette shifts, the first, a dramatic shift to the bottom, the so called low train variety, was sold for $900. Less dramatic shifts add a lot less to the value of the stamp.

295 dramatic shift
A dramatic shift

295 Vignette Shift US Postage Stamps
Less Dramatic Shifts

Vignette shifts, when to the left are called the 'fast train' variety and to the right, the 'slow train' variety.

This issue offers the collecter an easy source of printing errors, see an example of a paper fold below.

295 Printing error
Printing error caused by a paper fold

 

The Inspiration for the Design

295 postcard - empire state express

City Of Alpena

The source for the design was the postcard above, which in turn used its source as the photograph above. The train shown is the Empire State Express of the New York Central and Hudson River Railroad. The fastest train in the world. The photograph was taken during its record breaking run and is shows the engine in full steam.

295

This series celebrated modern transportation. The Empire State Express (#999) was the new breed of steam engine of which America was justly proud. It was fast, for the time, posting a speed of 82mph (there is an unofficial record of 112mph!) and able to travel 143 miles without stopping. This train was famous in its time, and was called the 'old 999' or the "Queen of Speed". It should be noted that at the time riding this train was the fastest man could travel, the Wright Brothers did not attempt their first flight until 1903.

The Empire State Express Today - US postage stamps
The Empire State Express before it's installment in the Chicago Museum of Science and Industry.

 

Varieties to look for

294 invert block
Unique block of the invert (295a)
Spring 2009 auction: $800,000

295 ultramar
The Ultramar overprint

The Portuguese Ministry for the Colonies was originally supplied with 25 Specimen stamps. They overprinted the specimens with the "Ultramar" overprint, meaning "overseas", the stamps were distributed to the various colonies.


The Essay's and Proofs

295-E4 stamp
#295-E4
Essay on Card
Ink and washed drawing on engraved design
Vignette only

295-E4
#295-E4A
Essay on India
Mounted on card
Vignette only

295-E5 US Postage Stamps
#294-E5
Essay on India
Mounted on card
Frame only design

295-P1 Proof United States Postage Stamps
#294-P1
Die Proof on India
Die sunk on card

1901 Postage Stamps US Postage Stamps