Lot 343: Encased Postage Stamp EP-89 5 PEARCE, TOLLE + HOLTON
October 29, 2016
Rancho Santa Fe, CA, USALive Auction
Encased Postage Stamps
Extremely Rare Five Cent "Pearce, Tolle & Holton" EP-89
EP-89, HB-203, S-147. Five Cents. PEARCE, TOLLE & HOLTON. Cincinnati. Choice Extremely Fine to About Uncirculated.
Rated as Rarity-8 (5 to 10 known) according to Fred Reed. A truly outstanding example of this Exceedingly Rare major Merchant type. It is an important "Key" to the completion of any Complete 34 Merchant Type Set. The Thomas Jefferson stamp remains in original deep brown color under mostly clean, clear mica, with one light area of surface lamination craze near the top left edge, being above Jefferson's temple. The case remains absolutely natural and truly beautiful in appearance and almost no indications of any circulation. There remains significant underlying original luster on the reverse and hardly any sign of actual wear to the case itself. A specimen for premium quality minded collectors. Ex: Early American Auction, November 16, 1996, Lot 786. Re-Consigned into our EAHA Auction, August 27, 2005, Lot 853, where it sold for $7,670. Outstanding and perhaps the very Finest Existent.