The Value of the Stamp


Abraham Lincoln (biography)
4c - Dark brown or dark yellow brown
Triangles in Corners
Scott #269 - Double line USPS wmk - 1895

 
NY Auction Houses
 
MNH
MH
MNH
Graded
MH
Graded
Spring 2003
-
-
-
-
-
-
Fall 2003
-
-
$75-$250
-
-
-
Spring 2004
-
$7-$12
-
-
-
-
Fall 2004
$20-$25
$5-$12
-
-
-
-
Spring 2005
$30-$50
$12-$25
$350
-
-
-
Fall 2005
-
$5-$20
$500-$575
-
-
-
Spring 2006
$95
$10-$30
$210
90
-
-
Fall 2006
-
$6-$13
-
-
-
-
Spring 2007
-
$12-40
-
-
-
-
Fall 2007
-
$9-$15
-
-
-
-
Spring 2008
$45
$10-$45
-
-
-
-
Fall 2008
-
$18-$31
$375-$475
90
$210
95
Spring 2009
$40
$10-$18
$350
90
-
-
Fall 2009
-
$9-$25
-
-
$1,900
100J
Spring 2010
$27-$35
$10-$14
$1,050
95
$1,600
100
Fall 2010
$40-$45
-
-
-
-
-
Spring 2011
-
-
-
-
-
-

Used stamps are worth less than $1

Statistics


Issued: June 5th 1895, earliest recorded date of use, July 22nd, 1895, shown below.


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

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

Watermark: USPS, double lined, see below

Quantity Issued: 78,000,000

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 this photograph of Abraham Lincoln. An excellent collection of the photographs of 'Old Abe' can be found here. This photo was taken before his presidency, whilst a Senator in Springfield Illinois. It was taken on February 9th 1860 at Brady's gallery in Washington DC

Curiously ABC co. did not use their master die for Lincoln, also shown below. Whilst the design was better at capturing the expression on Lincolns face, the hair treatmen was a dramatic departure.


Varieties to look for


There are some imperfs, although it is debatable that these were issued as such, they are more likely to be finished plate proofs. Nevertheless, Scotts chooses to give them their own designation as an imperf, they can be found as Scotts #269a. It would seem, by recent auction prices that the philatalic world begs to differ with Scotts, recent auction prices for hinged examples are only $150.

THE BISECT

Although it was strictly against P.O. regulations to bisect stamps, the postmaster of this rural New York post office had run out of 1c and 2c stamps and went ahead and split a 4c stamp. Only two covers are know, both of which are shown above.

The Making of the Stamp

 

As mentioned above #269a are probably finished plate proofs



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