CHAPTER V

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STAMPS WORTH FORTUNES

What a curious thing it is that some stamps—mere scraps of paper—cost over a sovereign apiece to buy! It is still more wonderful, however, that quite a number sell for over £100 each, whilst a select few command prices running into four figures. Probably the reader will never possess any of the more costly rarities, and as likely as not he will never see copies of them, unless he has access to the Tapling or other public collections; but, none the less, it is interesting for him to know of them, of their prices, and their peculiarities.

Among the stamps of Great Britain there are a fair number which are worth between £30 and £100 each. In the previous chapter we spoke of the deep green shilling of 1862, which sells at £65 in an unused condition, and the ninepenny straw, catalogued at £30 when used. To these we may add the famous £5 orange of 1882, worth about £100 when unused, and the £1 brown-lilac, also of 1882, which varies between £90 and £100. Neither of these labels were in currency for more than two years. This fact, coupled with their high face value, readily explains why collectors are so eager to possess them.

There have been three different brown-lilac £1 stamps, all issued within a few years of each other, so the collector is advised to note their descriptions carefully. The valuable type referred to above measures 1-1/8 by 1-3/8 inches, and is watermarked with an anchor. Of the remaining two types, one has a watermark consisting of three crowns (worth £12 unused), and the other has the watermark known as the three orbs (worth £20 unused). Both these stamps have the top and bottom sides much longer than the vertical sides. Other £1 values, in various colours and designs, command good prices, and should be carefully preserved, if only for speculative purposes.

Were the question to be put, "Which is the rarest stamp in the world?" probably the answer would be, more often than not, "The twopenny 'Post Office' Mauritius." Though it is not the rarest, it is probably the best-known philatelic treasure, and the one which collectors covet beyond all others. Just how much it is worth would be difficult to say; we do know, however, that the copy which figures in King George's Collection was sold at auction in 1904 for £1,450. Were it placed on the market to-day, it is safe to say that it would change hands at a higher figure—probably a much higher figure.

The twopenny and the penny "Post Office" Mauritius have an interesting history. The officials of this little island in the Indian Ocean decided in the year 1847 to follow the lead of the Mother Country and issue stamps. Whilst waiting for supplies to come from England, they commissioned a local watchmaker to engrave two dies, one for a penny and one for a twopenny stamp. The watchmaker took a small piece of sheet copper and engraved upon it, side by side, the two dies, and a neighbouring printer took off 500 impressions—that is to say, 1,000 stamps in all. Instead of cutting into the copper the words "Post Paid," the engraver scratched the inscription "Post Office" by mistake, with the result that his dies were soon discarded. The stock of stamps was quickly used up, for just as the labels were issued, a ball was being arranged at the Government House, and numerous invitations were sent out by post. About twenty-two copies only are known to exist, and most of these have been discovered on the communications which, nearly seventy years ago, summoned the Governor's friends to the long-forgotten festivities.

The rarest stamp in the world is usually considered to be the one cent (1856) of British Guiana. A single specimen only of this variety is known, the owner being Monsieur de la RenotiÈre, a celebrated collector of Paris. To say that this treasure is worth its weight in gold is to understate its value by a great deal, for specialists claim that £2,000 would not buy it.

One would suppose that so costly a square inch of paper would have a prepossessing appearance or claims to artistic merit, but the unique specimen is said to be ugly, of a dullish magenta colour, and not in the best of condition. The design is a ship, around which the motto "Damus petimusque vicissim"[3] is written, together with the words "British Guiana, Postage One Cent."

[3] We give and we ask in turn.

Another very rare British Guiana stamp is the sorry-looking two cents of 1851. Having more the appearance of an obliteration stamp than a postal adhesive, this specimen bears the name of the colony and the value, two cents, in a circle. It was printed at short notice by the proprietors of the Royal Gazette, and was intended to serve for a new rate of letter-carrying which applied to the town of Georgetown alone. Apparently the new charge failed to serve its purpose, and was withdrawn after a brief space of time. Very few copies were made use of, and those which still exist are worth about £600 each.

From the Hawaiian Islands comes another valuable stamp, also of poor design: it is the two cents (1851), black on bluish paper. This adhesive was printed at Honolulu, and served mainly for franking the letters which the American missionaries sent home to their relations in the States. The issue suffered an untimely fate, for no sooner had the stamps been put into circulation than a serious fire devastated the quarter of the town in which the post office was situated and destroyed almost all the stock in hand. A round dozen copies are known to exist. One reposes in the Tapling Collection at the British Museum, but the authorities have removed it from the show-cases, where it used to lie, and placed it under lock and key in the Cracherode Room. It may be well to add that it can be inspected on request. Its value is probably £800 or more.

If we turn to the United States, many rarities will be found, but none are so much sought after as the issues known as the "Postmaster Stamps." For the want of a better term these adhesives have been called "locals," but they must not be confused with the worthless labels spoken of in Chapter II.

Portraits of some European Monarchs Portraits of some European Monarchs 1 King George V 2 Albert 3 Nicholas II 4 Peter 5 Victor Emanuel III 6 Christian X 7 Gustav V 8 Manoel 9 Franz Josef I 10 Alfonso XIII 11 Wilhelmina

Each postmaster in the early years of the States designed and printed his own stamps, and some weird and curious effects were produced as a result of this arrangement. The master at Milbury, then a tiny place in Massachusetts, issued a two cents label (1847) which was no exception in the matter of design. Milbury was such a small town that the demand for this two cents stamp was insignificant, and consequently to-day copies are worth quite £300.

Another local stamp—more highly priced on the Continent than in England—is the ten centimes "Double Geneva." This curiosity was issued by the Canton of Geneva before Switzerland possessed a regular supply of adhesives. The stamp is composed of two sections, each bearing the value five centimes, but a narrow strip of paper joins them together and bears the value ten centimes. The idea was that, in its entirety, the stamp would frank a letter anywhere within the Canton of Geneva, but if cut in halves, the postage was only sufficient for letters circulating within any individual commune. A complete "Double Geneva" is worth £80 odd unused, but a halved copy may be procured for a £5 note.

Before concluding this chapter on rarities, some mention must be made of the triangular "Capes." Curiously enough, everybody has heard of these stamps, whether they are collectors or not, and every non-collector who happens to possess a copy nourishes the idea that some day a huge fortune may be realized by selling the valued possession. Granted that the specimen is not a forgery, which it very well may be, the stamp is perhaps worth no more than five shillings, for this is the market price of the fourpenny blue, 1855—the stamp most frequently met.

There are two valuable triangular "Capes," however, namely, the fourpenny red and the penny blue, both of 1861. The origin of these stamps is as follows: In making up the dies for printing some penny and fourpenny stamps, a block of the penny stamp was accidentally placed in the plate of the fourpenny value, whilst a fourpenny block found its way into the penny plate. As a result of this mistake, one stamp on each sheet which was printed bore the wrong colour for its value. Gibbons catalogues the blue penny at £85, and the vermilion fourpenny at £95.


                                                                                                                                                                                                                                                                                                           

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