Lot 1 France SC#47 40c Orange on Yellowish 1870-1871 Imperforate Bordeaux Issue, A Fine Used Example, Net Estimated Value $50, Click on Listing to See ALL Pictures
A Fine Used example of the 40c Orange on Yellowish from the 1870-1871 Imperforate Bordeaux Issue. With a #2654 dotted diamond grid cancel. 2022 Scott Classic cat. For VF is $100. Our net estimate for this grade is $50.
Early classic French issues are valued in Scott Classic at the grade of very fine, which is a stamp with 4 clear margins and no faults. The paper on these issues is very prone to thinning, and shallow thins reduce the grade by one grade. Stamps with close margins are fine, provided there are no other faults. Stamps where the margins cut into the design on one side are VG at best, while on 2 sides are at best good. Fair stamps generally will have faults on top of having margins that cut into the design. Ungraded lots will generally be of lower quality than VG, often being good and fair. In terms of valuation, we estimate fine at 50% of cat., and VG and 25%. Good is estimated at 12%, while fair and ungraded is figured at 5% of catalogue.