Lot 8 Newfoundland #24, 29 2c & 12c Green & Brown Codfish & Queen Victoria, 1865-1894 First Cents Issue, 2 Good OG & Unused Singles, The 2c Has Very Little Gum & 12c Has Small Corner Crease & Shallow Thin

2 good OG & unused singles of the 2c & 12c green & brown Codfish & Queen Victoria from the 1865-1894 First Cents Issue the 2c has very little gum & 12c has small corner crease & shallow thin.

Unitrade values these at $25. The stamp offered here grades 48 as follows:

Centering/Margins: 45/70, 50/70

Paper Freshness: 3/5

Colour: 5/5

Impression: 5/5

Absence of Visible Paper Flaws: 5/5

Perforations: 0/10, 5/10

Adjustment for mentioned faults: -20 points.

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.