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Actually the stamp is red and black with three heads. You will like this. The stamp is:

  • Scott Catalog # 703 (1931): New 35 cents & Used 20 cents (never hinged 50 cents)
  • Scott Catalog # 703a. (1931): New = $4.50 & Used = 75 cents (never hinged $6.50)
  • Scott Catalog # 703b. (1931): New = $400 (Never hinged $750)
  • Scott Catalog # 703c. (1931): New = $5,000 (Never hinged $7,50)
  • Scott Catalog # 703c. (1931): New (Center line block) = $17,000)

(Scott Specialized Catalog of US Stamps 2011, page 82)

It will also depend on which grade the stamp is graded at. Here are the basic grades and their values:

  • Scott Catalog # 703 Grade: VG Used = 20 cents/New = 20 cents
  • Scott Catalog # 703 Grade: F Used = 20 cents/New = 20 cents
  • Scott Catalog # 703 Grade: F-VF Used = 20 cents/New = 30 cents
  • Scott Catalog # 703 Grade: VF Used = 25 cents/New = 50 cents
  • Scott Catalog # 703 Grade: VF/XF Used = $1.50/New = $2.50
  • Scott Catalog # 703 Grade: XF Used = $13/New = $9
  • Scott Catalog # 703 Grade: XF/S Used = $65/New = 30
  • Scott Catalog # 703 Grade: S Used = $200/New = $180

(Scott Specialized Catalog of US Stamps 2011, page 332)

Okay you are now excited, but what if you have Scott Cat. # 703b. New

VG $165

F $340

F-VF $525

VF $750

VF/XF $900

XF $1,100

XF/S $1,500

S $2,400

(Scott Specialized Catalog of US Stamps 2011, page 332)

Note: There is a higher grade of 'G' which is not listed in the catalog, because of its extreme rarity, stamps with a 'G' grade usually go to auctions and usually bring in 2 to 5 times the 'S' grade value.

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14y ago

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