Rare encased postage stamp highlights Early American auction

388-lot online sale also includes loan document executed by Paul Revere
By , Coin World
Published : 08/19/16
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An example of Irving House 3-cent encased postage stamp, known by as few as just two pieces, highlights the Early American History Auctions Aug. 27 online sale.

The 388-lot auction also features a number of collectibles executed by Paul Revere, including an engraved and printed loan document. Also featured is an 1805 George Washington portrait Eccleston medal in copper.

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A 20 percent buyer’s fee will be added to the final closing price of each lot won.

Encased postage

The Irving House 3-cent encased postage stamp with ribbed frame is cataloged as HB-150 in The Standard Catalogue of Encased Postage Stamps by Michael J. Hodder and Q. David Bowers and Reed-IH03RB in Fred L. Reed's Civil War Encased Stamps: The Issuers and Their Times.

The piece is being offered in the sale as Choice About New, with an estimate of $10,000 to $15,000.

Irving House was a hotel in lower Manhattan, situated at Broadway and 12th Street, just two blocks below what would later be named Union Square. George W. Hunt was the proprietor and Charles W. Nash was in charge of the food and catering service.

Nash left the partnership in 1863 to open his own restaurant. Hunt remained another six years, when he sold his interest to George Harlow.

The surnames of both Hunt and Nash appear raised in the message on the encased postage stamp’s metallic frame reverse.

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