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Stamps (Philately)/Value of US revenue stamp on original 1867 Warranty Deed

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Question
Please advise the value of a one dollar  US revenue stamp in great condition on original Mortgage Deed from 1867.
Thank you,

Answer
Hi Linda,
  Given your description it must certainly be a R73 (SCOTT catalog number for this stamp).  Assuming it's a rectangular stamp, taller than it is, wide, red (or reddish from color drift over the years) it would then need to be determined if it is perforated, or imperforate.  If it is imperforate (all 4 sides straight edges cut by scissor usually), then it's a R73a.  This stamp has a catalog value of $27.50.  If the stamp is perforated (holes punched all around the stamp, and then separated from the sheet), then it would be an R73c.  This stamp has a better value at $300.
  This is for used value.  But applied to original document you may find a slight increase of 10% - 20%.  That's the good news.  The bad news is, unless it's in immaculate shape, you're unlikely to find a buyer who will pay catalog value for it.  It could be worth more if you can find some specific historical reference to the property or owner.  Obviously the more prominent the person, the greater value of the document.  If it's a garden variety document, it won't garner much interest from collectors.  As stamp collecting goes, the number of fanatics is dwindling, and for Revenue stamps, that's doubly so.
  If you take it to a dealer, they may offer you %15 - %30 of its catalog value (condition dependent).  If you sell it on eBay, you should expect a long wait, and usually around %20 - %25 of catalog value for revenue stamps.
Hope that helps.
-Scott

Stamps (Philately)

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Scott Payton

Expertise

My expertise is in US, but I have a lot of exposure to worldwide, and with wide reference material, I will do what I can to answer questions about global stamps. In US I have extensive experience in all aspects (does include Administrative overprints for Cuba, China, Puerto Rico etc.). Also, Hawaii general issue and Revenue (pre-statehood). Of course still building knowledge but have been collecting since 1980. Air Mail is a favorite area, but not a limitation. Two specialty areas are Large Banknote issues, and Washington/Franklin identification. Strong experience in Carrier & Locals, Private Die (Also known as M&M for "Match & Medicine" but also includes some playing card and perfume stamp issues.) Recently have been building more back-of-book experience, especially around Official, Newspaper, Revenue and tax editions. Some covers, and cancellations, but not my strong suit. Another area I'm recently diving into. What I can't do: Anything non-US, as it's just not an area I focus on.

Experience

30+ years of learning the hard way. A lot of passion for collecting and dealing (as I do both). I don't consider it a hobby... I consider it a serious pursuit that I'm able to do in the hours I'm not occupied by annoying things like sleep. I work closely with some of the global leaders in the expertizing and identification field. Have co-authored several papers (with Mr. William Weiss Jr.) related to identification, as well as tool set to help with quickly identifying the more challenging areas of Washington Franklin. Strong experience in paper types and coil validation.

Organizations
Member of APS #222356.

Publications
1870 - 1879 Large Banknote Issues - Easy Identification (co-authored with William Weiss Jr). Washington-Franklin - Easy Identification (co-authored with William Weiss Jr.) Detecting Fakes, Alterations and Counterfeits (APS Summer Session Expertizing Session materials with William Weiss Jr.)

Education/Credentials
Thousands and thousands of hours of pouring over hundreds of collections. 30+ years as a collector-to-dealer, avid student of philatelic study. Pre-1900 variation is fascinating, and it seems even after all these years, that I make some discovery every time I look at a new example. APS Summer Session - Fundamentals of Expertizing 2014

Past/Present Clients
100's too numerous to mention.

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