Iceland: Gallery: Select Stamps - Scott #45-68 1902 I Gildi Overprints
A selection of especially interesting seldom-offered items in particularly nice quality. All are available for approval viewing. Scott numbers have been used unless otherwise mentioned.
Please also see the other Gallery pages and the Specialized Stamps pages for other high-quality stamps including both Specialized and non-specialized items.
Select Stamps - Scott #45-68 1902 I Gildi Overprints
49 [1902 3 aur "Small 3" Perf 12.75 with Black I GILDI overprint] Mint, extremely lightly hinged, with Just-Fine centering. The reverse shows a "perfect" offset print of the overprint. Such offsets result from either: a) pressure being accidentally applied to a stack of just-overprinted sheets with still-wet ink; or b) from the previous printing impression occurring without paper in the press thus an overprint impression was instead made on the "tympan" (which is the surface under the paper normally being printed) and then the next sheet that was overprinted received a transfer back from the tympan. Offset impressions of the overprint are not "very scarce" on the I GILDI stamps, but they are interesting and collectible; I have only seen a few examples of an offset on this particular stamp. AIEP member and preeminent I Gildi expert Ellis Glatt viewed a high resolution image of the stamp in January 2024 and commented that the overprint is genuine in his opinion. This stamp is accompanied by a Jay Smith color image certificate with a "lifetime guarantee" from Jay Smith (details of the guarantee are available upon request). Scott #49 is the least costly of the "scarcer" I GILDI overprints, but it is still missing from the vast majority of collections. This is a very reasonably priced example with the extra bonus of the interesting offset variety.
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179.00
247986
49b INVERTED OVERPRINT [1902 3 aur "Small 3" Perf 12.75 with Black INVERTED I GILDI overprint] Mint hinged with F-VF centering. AIEP member and preeminent I Gildi expert Ellis Glatt viewed a high resolution image of the stamp in January 2024 and commented that the overprint is genuine in his opinion. This stamp is accompanied by a Jay Smith color image certificate with a "lifetime guarantee" from Jay Smith (details of the guarantee are available upon request). The inverted overprint of this "scarcer" I GILDI overprint is quite hard to find. This is an excellent example of this stamp.
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435.00
237818
50 Full Sheet, Overprint Setting I, with plate varieties: AFA 1997 Specialized #23B with all four of the AFA-listed plate varieties (on underlying AFA #22) [1902 "I GILDI" black overprint on 3 aur Large Numeral, perforation 12.75] NH with centering varying from Superb to Fine as usual. Especially nice about such a sheet is that the four types of the I GILDI overprint (thickness of the zeros: thin-thin, thin-thick, thick-thin, thick-thick) is represented in TWO 4-STRIPS (positions 34-37 and 84-87) and TWO 4-BLOCKS (15-16/25-26 and 65-66/75-76). These highly significant 4-strips and 4-blocks containing all four overprint types have really only recently started to come to the attention of collectors. This was the only single-color "oval" issue for which the underlying stamps were printed in a single pass through the press, using a 100-subject plate (instead of a 25-subject plate, printed four times). Thus each of the underlying plate varieties only exist from one position in the sheet (making them scarcer than plate varieties from the 25-subject plates). The four varieties are (per AFA): "x" Sheet Position 17 "Defective R of POSTFRIM"; "y" Sheet Position 4 "color spot on M of POSTFRIM"; "z" Sheet Position 53 "Upper frame line cut off, becoming thinner toward left side"; and "æ" Sheet Position 16 "Color spot in A of ISLAND". The overprinting shows a horizontal and vertical shift between rows five and six, demonstrating that the overprinting was done in two operations, 50 stamps at a time. On the unoverprinted stamps, AFA values the varieties at 9 to 10 times the normal value! Wonderful quality! Very fresh and attractive; strong perforations, NO separations and NO creases. Priced well below the break up value of the listed varieties and stamps.
275.00
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247644
52 [1902 5 aur Perf 12.75 with Black I GILDI overprint] NEVER HINGED with F-VF centering. A wonderfully fresh and bright example that is as nice as the day it was printed. Such nice examples of this stamp are now quite hard to find. Accompanied by a Lasse Nielsen photo certificate stating that it is "Genuine and without repairs", "Unmounted mint", and a "Very fine" example. The Facit 2024 value for NH is SEK 7500 (around $750 11/2023). An excellent example of a very scarce stamp.
645.00
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237819
59 Full Sheet, Overprint Setting I, with plate varieties: AFA 1997 Specialized #33B (on underlying AFA #16B) [1902 "I GILDI" black overprint on 50 aur Numeral, perforation 12.75] NH with centering varying from Superb to Fine as usual, however, there are more nicely centered stamps in this sheet than usually found. Especially nice about such a sheet is that the four types of the I GILDI overprint (thickness of the zeros: thin-thin, thin-thick, thick-thin, thick-thick) is represented in TWO 4-STRIPS (positions 34-37 and 84-87) and TWO 4-BLOCKS (15-16/25-26 and 65-66/75-76). These highly significant 4-strips and 4-blocks containing all four overprint types have really only recently started to come to the attention of collectors. The overprinting shows a vertical shift between rows five and six, demonstrating that the overprinting was done in two operations, 50 stamps at a time. Wonderful quality! Very fresh and attractive; strong perforations, NO separations and NO creases. Normal, single NH stamps range from $5.90 for Fine to $10 for VF. Priced well below the break up value of the listed varieties and stamps.
Reference
For reference only. NOT for sale.
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247056
59 [1902 "I GILDI" black overprint on 50 aur Numeral, perforation 12.75] LOWER LEFT corner margin 4-block with F-VF/Fine centering. A very fresh and nice example. Shows the watermarked letters in margin and also the posthorn watermark in the corner margin. It is helpful to know what the latter looks like because it is theoretically possible for it to show up on stamps (due to a paper / printing shift) and is quite scarce thus. Very fresh and attractive; strong perforations, NO separations and NO creases.
26.00
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247057
59 Rough Perforation Variety [1902 "I GILDI" black overprint on 50 aur Numeral, perforation 12.75] Mint hinged, with XF centering. A very nice example of this variety; perforations are rarely this rough on this stamp.
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8.00
237299
66 [1902 40 aur Perf 14 x 13.5 with Black I GILDI overprint] NH VF+. Sheet position 13 (confirmed from a larger block) shows the underlying stamp with AFA-listed plate variety #15æ "open upper left corner" (underlying stamp valued at about double with the variety). Extremely fresh and attractive.
90.00
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237302
66 [1902 40 aur Perf 14 x 13.5 with Black I GILDI overprint] NH Superb 4-block. (Sheet position 23-24/33-34 confirmed from a larger block.) Wonderfully fresh and extraordinarily well centered. Priced only as four NH Superb single stamps!
250.00
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247059
66 High Overprint Variety [1902 40 aur Perf 14 x 13.5 with Black I GILDI overprint] NEVER HINGED with F-VF centering. Overprint quite high, completely covering "ISLAND". Overprint shifts such as this are surprisingly uncommon on this stamp. Wonderfully fresh with great color, perfect perforations and pristine gum. Such fresh and attractive examples of this stamp are hard to find, especially with a variety.
43.00
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Select Stamps - Scott #45-68 1902 I Gildi Overprints continued ...
66 INVERTED WATERMARK [1902 40 aur Perf 14 x 13.5 with Black I GILDI overprint] NEVER HINGED with Fine centering. Wonderfully fresh and bright. This is one of the scarcest inverted watermarks of the non-rarity I GILDI overprints -- I have not recorded having an example in the last 25 years and I do not recall having an example in the 24 years before that. Neither Facit nor the AFA Specialized list a price for this inverted watermark stamp in NH condition -- Facit does list NH values for other inverted watermark stamps in I GILDI overprints (AFA does not provide any NH prices for any inverted watermark stamps). Facit 2022 value for HINGED is SEK 1600 [1/2022 $190] and AFA Specialized 2016 (most recent edition) value for Hinged is DKK 1200 [1/2022 $205]. In Facit, other I GILDI stamps with inverted watermarks have a 40% to 150% premium value! This stamp is very scarce with inverted watermark and "rare" thus in NH condition.
260.00
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240651
66 [1902 40 aur Perf 14 x 13.5 with Black I GILDI overprint] Mint Fine, very lightly hinged. Underlying stamp with an unusually pronounced AFA-listed plate variety #15y "white dent on inside of upper frame line above IS" (underlying stamp valued at about double with the variety). Very attractive.
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44.00
247060
67 SHIFTED OVERPRINT [1902 50 Aur I GILDI overprint, Perforation 14 x 13.5] NEVER HINGED with F-VF+ centering. Wonderfully fresh with brilliant color, perfect perforations, and pristine gum. Overprint SIGNIFICANTLY SHIFTED to the right; so far that it is cut by the perforations. Such large surcharge shifts on these issues are surprisingly scarce. This stamp is seldom found with varieties. Nice NH examples of this stamp are scarce; normal NH F-VF is $170 and NH VF is $215.