Census of 1c Blue, Type I (Scott 5)

Notes:

Originally with major peeling-off of design at top left as part of a strip of three, Pos. 7-9R1E, used on piece. The peeled-off design included key elements of the 7R1E double transfer. Subsequently there was a major facial restoration that filled in the missing design. This is the most substantial of any known facial repair to a 7R1E stamp. Removed from the piece and made a single by separation from the strip. Walter Mader of the Ivy & Mader (formerly of Siegel firm) wrote on 3/13/1989:
“Dear Jerry, you asked me how I found the above illustrated 7-9R1E strip of three on piece. Well, I was performing an appraisal for a major trust co. here in NY—nothing too high powered—maybe $15,000 to $20,000 and doing the proper job as I always do, I rummaged through a small envelope marked ‘used U.S. and Foreign’ to make sure there was no value hidden therein. At a glance it looked like less than $1—but by sifting through the contents the strip was revealed to me. I knew immediately it was from top row plate one early and said to myself that it sure would be a kick if it turned out to be 7R1E. “The rest is history”. Unfortunately this one is damaged although nowhere near as bad as the other one I found about 15 years ago. Vertical strip of three 7/17/27R1E with only a trace of 7R1E remaining.”
Black grid.

Provenance:

5/22/1989, Siegel Auction Galleries, United States Postal History, Sale 709, Lot 1321, Realized $5,000, as a strip, realized $6,250 vs. estimate $2,000
12/15/1990, Ivy Shreve & Mader, Lot 4110, as a strip after repair, realized $10,000 vs. $31,000 Scott value.
11/22/1996, Drews, Lot 111, unsold vs. $27,500 Scott value.
3/20/1997, Ivy & Mader, Lot 91, as a repaired single, realized $13,500 vs. $29,000 Scott value.
3/26-28/2013, Siegel Auction Galleries, Outstanding United States Stamps, Sale 1040, Lot 1181, Realized $18,000, realized $18,000 hammer versus $75,000 Scott value.

Certificates:

PF 210645 (1989) before facial restoration, stating that the 7R1E is defective.
PF 235340 (1990) issued to Dana Okey for strip after major restoration, noting the repair to 7R1E.