Lot 372 Luxembourg SC#O56/O60 1882 Industry & Commerce Issue, Perf 12.5 and 12.5x12, 3 Very Fine Used Singles, Click on Listing to See ALL Pictures, 2017 Scott Cat. $28.75

3 very fine used singles from the 1882 Industry & Commerce Issue, perf 12.5 and 12.5x12. The Scott numbers range from O56 to O60, and include O56, O58, O60. 2022 Scott Classic Cat $28.75.

A note about grading and estimated values is in order. We use estimated values rather than catalogue values where the grade of the stamp is other than that contemplated by the catalogue, or there is an unlisted variety. In deriving the estimates we divide catalogue values by 2 for examples without gum, unless Scott gives a separate no gum value, and also by 2 for each grade that is below the catalogue standard of VF for Scott or fine for Unitrade. So, for example a stamp cataloguing $300 in Scott that is in VG condition will be estimated at $75, if it has OG, or at $37 if it is unused. If it is a split grade, then I take the midpoint between the two grades, so that for example a VG-F stamp is about 1/3rd of the value of a VF example.