370: 370: 296, GEM, (100) Start Price USD 20,000.00 Current Price USD 50,000.00 Time Left - Bid Count 19 Buy It Now Price - Reserve Price - Start Time Friday, September 05, 2008 End Time Friday, September 05, 2008 Location Bethel, Connecticut, USA See more about '370: 370: 296, GEM, (100)' Description click for larger image370: 370: 296, GEM, (100)1901 4c PAN AMERICAN EXPOSITION, Never Hinged, THE ULTIMATE EXAMPLE - IN GRADE OF GEM-100, The legendary 4c Pan-American in the highly sought after grade of GEM-100, A matchless example featuring precise centering amid large balanced margins, Gorgeous rich saturated color, as fresh as the day it was first issued, We have never seen a better example of this stamp, as this issue usually comes narrow spaced at top and bottom, The example offered here is the most incredible example ever seen - with wide balanced margins on all sides, A new World's Record price is in store for this incredible stamp, and deservingly so, as this stamp is a true GEM-100, destined for the finest collection, Encased and Graded by PSE, Only recorded example achieving the highly sought after grade of GEM-100, and is THE HIGHEST GRADED #296, according to PSE's population report, SMQ does not assign a value to this stamp in the grade of GEM-100, SMQ only values this stamp at $5,250.00 in the grade of Superb-98, One only has to look at realizations for other GEM-100's to get an idea of what this stamp may bring at Public Auction, We had the pleasure of auctioning a Scott #289 in the grade of GEM-100 - it realized $80,000.00 + 15% buyer's premium= $92,000.00, And just recently we auctioned off a Scott #327 in the grade of GEM-100 - it realized $37,500.00 + 15% buyer's premium= $43,125.00, These figures should give prospective buyers an idea of what this spectacular Scott #296 could realize at Public Auction, A wonderful opportunity to acquire the finest 4c Pan-American in the ultimate grade of GEM-100, 2005 PSEAuction House Nutmeg Stamp SalesPO Box 4547Danbury, CT United States 06813203.792.3862Terms & Conditions1) All bids are by lot numbers and by the proper bid increments. Current Scott Catalog and SMQ Guide are used for both price and reference when appropriate.2) All lots are sold to the highest bidder as acknowledged by the auctioneer, as the buyer and may be based upon a reserve. Bid what you feel is necessary to secure the desired lot(s); your bid will be executed as competition allows.3) Successful eBay Live Auctioneers buyers will be charged 20% buyer's premium.4) Successful bidders, who have established credit with us, will have lots and an invoice sent to them for payment. All other bidders must pay in advance upon receipt of invoice. Personal check, VISA or MasterCard (if supplied when bidding) may be used for your payment (if declined immediate payment is to be made); checks must clear before lots are sent. Title remains with Nutmeg until all invoices are Paid in Full. Risk of loss in transit shall be on the purchaser.5) All lots are genuine as described. In the event of a discrepancy, we must be notified within five days of receipt. An item with faults which is described as such, cannot be returned for any fault condition.6) No illustrated lots may be returned because of centering, margins, perforations or other factors shown in the illustrations. 7) Successful bidders who wish to submit a lot for expertization must notify us in advance or within five days of receipt and the lot must be paid for. If a mutually acceptable expert finds a lot to be misdescribed, we will refund the full purchase price, plus the expert fee up to a maximum of $100. No lot or lots may be returned if altered. For all expertization Nutmeg will submit all lots to the appropriate authority. A certificate issued within the past 5 years is valid and returns will not be accepted upon re-submission of such item, nor any fees reimbursed.8) Connecticut residents will be subject to a 6% sales tax, unless resale number is on file.9) Insurance and postage will be added to the invoice.10) All 19th Century Unused stamps do not have Original Gum (OG) unless stated as such. All 20th century stamps have original gum unless otherwise stated.11) Telephone and FAX bids are accepted, but telephone bids must be followed bywritten confirmation.12) The placing of bids constitutes acceptance of the above terms.ShippingBuyer Pays Shipping CostBuyer's Premium20%PaymentAll payments in US$ Check or credit card.TaxesConnecticut residents will be subject to a 6% sales tax, unless resale number is on file.ContractYour bid is a contract.Place a bid only if you're serious about buying the item. If you are the successful and winning bidder, you have entered into a legally binding contract to purchase the property bid on from the seller. You should contact the seller to resolve any questions before bidding.RegistrationBidders are required to:a) Sign up for this auction& b) Complete bidding approval formApproval is at the discretion of the Auction House.HelpHelp with biddingImages Auction services provided by LiveAuctioneers Place a Bid!