The Value of the Stamp


$2 - Brown red or deep brown red
Scott #242
Certificate recommended for MNH

Value

Used: $135-$200
No postmark with gum (MH): $240-$500
Full perfect gum, no postmark, no trace of stamp hinge mark (MNH): $1,350-$1,600

Statistics

Issued: The $2 was officially was issued on January, 1st 1893, a Sunday, and at Post Offices the following day.

Plate Size: Sheets of 100 subjects (2 panes of 50). There are no plates or sheets left in existence. The largest plate blocks available are two blocks of six and one block of eight.

Printer: The American Bank Note Company, thereafter, with one exception of the Overun stamps of 1943 all stamps have since been printed by the Bureau of Engraving

Watermark: None

Color: Salmon or dark salmon.

Usage: The $2 Columbian is often seen on its own on covers, mostly for philatelic use, it is rarely seen in combination with other values. It is often seen with the registered fee cancel.

242 cover

242 cover

242 cover

Quantity Issued: 45,550

The Inspiration for the Design

The design is a based on Emmanuel Leutze’s painting “Columbus in Chains.” The painting is now located in Germantown, PA.

What you should look for

As with all the values of this issue, look for Columbian Expo cancels or on a Columbian Expo cover, they increase the value of the stamp or cover. Any stamp is more desirable with a clean cancel, preferably a town cancel, heavy cancels can detract from the value and are common on this value.

Varieties to look for

The color ranges from Salmon to Dark Salmon. There are the occasional double transfers.

Occasionally postmarks from states that had tiny amounts of mail in this year can add to the value. This is particularly true of Alaska and the Territories. For a list of the number of stamps issued by each state in the year ending 30th June 1894 click here.

The Essay's and Proofs

242 P4 US Proof Stamp

#242 P4
Plate Proof on Card Stock

Back in 1963 the largest multiple, according to Brookman, was a multiple of 25, now in 09
we are left with the largest multiple being this block of eight (09 Robert Seigal Auction $205,000)

A view of the reflecting pool traversed by several bridges and several Exposition buildings