The Value of the Stamp



Henry Clay (biography)
15c -
Dark blue or indigo
Scott #274  - Double line USPS wmk - 1895

 
NY Auction Houses
 
MNH
MH
Used
Graded
MNH
Graded
MH
Graded
Spring 2003
-
-
-
-
-
-
-
-
Fall 2003
-
-
-
-
$240-$400
-
-
-
Spring 2004
-
$60-$120
$2-$5
-
-
-
-
-
Fall 2004
$50-$100
$25-$50
$2-$6
-
-
-
-
-
Spring 2005
-
$60
$1-$2
-
$1,300
-
-
-
Fall 2005
$675
$30
$1-$3
-
$950
-
-
-
Spring 2006
-
$50
$1-$6
-
$6,250
95
-
-
Fall 2006
-
$40-$45
-
-
$1,500
90
-
-
-
-
-
-
$6,000
95
-
-
Spring 2007
-
$45-$70
$2-$13
-
-
-
-
-
Fall 2007
-
$35-$120
$3-$7
-
-
-
$750
95
Spring 2008
-
$30-$115
$2-$12
-
-
-
-
-
Fall 2008
-
$30-$55
$3
-
95
-
-
Spring 2009
$225
$45-$125
-
-
$4,750
95J
$475
90
Fall 2009
-
-
$3-$7
-
-
-
$300
90J
-
-
$400
95J
-
-
-
-
Spring 2010
$150-$275
$40-$90
$1-$5
-
-
-
-
-
Fall 2010
$285-$305
-
-
-
-
-
-
-
Spring 2011
-
-
-
-
-
-
-
-

Used stamps are worth between $1 and $2

15c - Dark blue or indigo
Imperf
Scott #274a  - Double line USPS wmk - 1896
Prices are for pairs

 
NY Auction Houses
 
MNH
MNH
Graded
Spring 2003
-
-
-
Fall 2003
-
-
-
Spring 2004
-
-
-
Fall 2004
-
-
-
Spring 2005
-
-
-
Fall 2005
-
-
-
Spring 2006
-
$750
-
Fall 2006
-
-
-
Spring 2007
-
-
-
Fall 2007
-
-
-
Spring 2008
-
-
-
Fall 2008
-
-
-
Spring 2009
-
$450-$700
-
Fall 2009
-
-
-
Spring 2010
-
-
-
Fall 2010
-
-
-
Spring 2011
-
-
-

Facts and Statistics


Issued: Issued November 30th 1895, Earliest recorded date of use, May 5th, 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: 7,013,612. The stamp paid the foreign registered rate so expect to see a lot of oval registered cancels. An example of which is shown below.

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.


The Inspiration for the Design


The source for the design Brookman attributes to the famous daguerreotype of Henry Clay. This would be incorrect as their is little, if no, resemblence. It is more likely that it copied from a print which used as its source a later photograph of Henry Clay.

The source of the design (above) and the design (below)

The source photograph (below) for the print above

Shown below is the famous, and only daguerreotype of Henry Clay


Varieties to look for


There are no varieties of #274. Brookmans mentions a sheet with 'an extremely faint impressoin in a yellowish green shade'. Althought I have not been able to find any auction records of this going back to the sixties.



The Making of the Stamp


There are no proofs or essays of #274

 

 


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