Lot 4234
1902, 1¢ Black on Buff, the "Full-Face McKinley", Mint card, without printed address, exceptionally clear impression, strong corners, an Extremely Fine gem. USPCC No. S21.Scott No. UX17 $16,000.
THE FINEST 1¢ BLACK FULL-FACE MCKINLEY POSTAL CARD WITH A REMARKABLY CLEAR IMPRESSION. THERE ARE ONLY 18 KNOWN MINT EXAMPLES WITHOUT PREPRINTED ADDRESS.
The entire stock of 500 cards was inadvertently sent from Washington to Booth, Dailey & Ivins in New York where they were shortly thereafter pre-printed with their address and garbage dumping information on the back to be filled out by the tug captain. As a result of the printing there remained no mint cards for collectors. This "Unmarked Specimen" long ago became accepted as a full mint card in order to allow collectors to have a complete unused collection. Albert Daggett, the contractor for the printing of the Full Face card, was never able to satisfy the Post Office in Washington due to sub-standard quality of his productions. All submitted samples were rejected and as a result the entire stock of 1,625,000 cards was ordered destroyed by the PMG on April 29, 1902.
Realized: $8,000