NEW JERSEY’S MOST VALUABLE COVER
By Robert G. Rose
The recent auction of a portion of the famed William H. Gross collection included the most valuable cover in all of New Jersey postal history.1 Illustrated below is the cover on which is affixed a 4¢ brown imperforate stamp with Schermack Type III perforations, Scott 314A. Against a pre-sale estimate of $100-150,000 it sold for a hammer price of $130,000 plus an 18% buyer’s fee of $23,400 for a record total of $153,400.
