Early 12-Cent U.S. Postage Stamp and Elgefo Baca’s Colt Revolver Lead Holabird’s Wild West Auction

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Summary

The four-day, 2,441-lot event was held online and live at the Holabird gallery in Reno, Nevada. It was headlined by two outstanding collections: Gary Bracken and James & Barbara Sherman.

Press Release

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Reno, NV, USA, August 11, 2022 — An extremely rare early U.S. 12-cent postage stamp with a portrait bust of George Washington sold for $19,520 and the 1860 U.S. Army Colt revolver with a Richards conversion that once belonged to legendary lawman and gunfighter Elfego Baca (1865-1945) hit the mark for $13,750 at Holabird Western Americana Collections’ Wild West Auction held July 21st-24th.

The auction, which was a huge success by any measure and saw new record prices established in numerous collecting categories, was held online and live at Holabird’s gallery in Reno. It was headlined by the collections of Gary Bracken, who collected in a staggering 60-plus categories; and James and Barbara Sherman, whose huge collections were housed in a museum in Tucson.

Hundreds of collectible items – 2,441 lots in all – came up for bid, at price points that appealed to seasoned collectors and novices alike. Internet bidding was facilitated by iCollector.com, LiveAuctioneers.com, Invaluable.com and Auctionzip.com. Phone and left bids were also taken.

The 12-cent stamp was from the Gary Bracken collection. Industry expert David Bowers said of the stamp in 1989, “The 12-cent value is an extreme rarity in the series. Only two specimens can be accounted for presently. It was unknown to specialists until 1939.” The cased stamp was the sale’s top earner. It was graded in Fine/Very Fine condition, despite a little dirt and some crinkle.

To learn more about Holabird Western Americana Collections, LLC, visit www.holabirdamericana.com. Updates are posted often.