FLOAT 100 · Stamps · No. 40
US 1851 1c Franklin Type I
Of the 1,000 plate positions that printed America's first imperforate one-cent stamps, exactly one produced the complete design, and collectors have been counting, certifying and hunting its roughly hundred known survivors ever since.
- Year
- 1851
- Maker
- United States (USPOD)
- By price in stamps
- 28 of 100
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Create a free account- Catalog number
- Scott 5, 1-cent blue Benjamin Franklin, Type I, imperforate
- Issued
- July 1, 1851, the day new, lower postage rates took effect
- Printer
- Toppan, Carpenter, Casilear & Co., Philadelphia
- The one position
- 7R1E: the seventh stamp in the right pane of Plate 1 in its early state, the only one of 1,000 imperforate positions to show the complete design
- Printed
- Fewer than 36,000 by Stanley Ashbrook's estimate; one collector reference gives 30,000
- Recorded copies
- At least 98 in the Wagshal census as of 2010; an auction catalog said a 2026 discovery brought the recorded total to 100
- Unused
- Three recorded
- How to tell
- Complete ornaments at top and bottom plus a distinctive double transfer in the upper ornaments and the "OS" of POSTAGE
- Not to confuse with
- Scott 5A (Type Ib), from the neighboring positions 3, 4, 5, 6, 8 and 9R1E, with part of the bottom design erased
- Notable sale
- $401,200 at auction in New York, June 14, 2024, for the finest of the three unused copies
A cheaper stamp for a busier country
On March 3, 1851, Congress cut postage rates. Starting July 1, a letter traveling up to 3,000 miles cost 3 cents, and 1 cent paid for newspapers, circulars and drop letters mailed within the same town. The Smithsonian's National Postal Museum notes that the new 1-cent stamp prepaid categories of mail including circulars, "which today might be called 'junk mail.'" The old 1847 stamps were withdrawn, and three new values went on sale on July 1, 1851: 1 cent, 3 cents and 12 cents.
The contract went to the Philadelphia engraving firm Toppan, Carpenter, Casilear & Co., under Postmaster General Nathan K. Hall. The 1-cent design shows Benjamin Franklin, the country's first postmaster general, in profile, based on a sculpture by the French artist Jean-Jacques Caffieri. Around him the engravers placed an elaborate border of scrolls, plumes, balls and ornaments at top, bottom and sides.
That border caused a decade of trouble. The design on the master die was meant to be reproduced in each of the 200 positions on a printing plate, but when the plate makers transferred it, they found the full design was too large: ten rows of it would not fit. To make room, they shortened the transfer reliefs or burnished away parts of the design already entered on the plate. Every position ended up with a slightly different amount of border, and collectors later sorted the results into types, from the full Type I to the most common Type V.
One position out of a thousand
Five plates printed imperforate 1-cent stamps, a total of 1,000 positions. The student Stanley B. Ashbrook sorted through thousands of stamps to reconstruct those plates, and he found only one position that met his definition of Type I, with top ornaments, bottom plumes and balls, and side ornaments all present. It was position 7 in the right pane of Plate 1 in its first, or early, state, written 7R1E. That is why Scott 5 exists only from 7R1E, and why one auction firm calls it the rarest of all U.S. stamps issued regularly before the 1868 grills.
Its neighbors in the same top row, positions 3, 4, 5, 6, 8 and 9R1E, were also entered with the full design but then had part of their bottom ornaments burnished away. Those are Type Ib, catalogued separately as Scott 5A. Plate 1 itself was reworked around May 1852, recut into its late state, and position 7R lost its full Type I design. A later theory by the specialist Richard Celler, based on 1861 government receipts for plates and transfer rolls, argues that the top row of the right pane was entered more than once with a single-relief full-design roll before the plate makers changed methods; the double transfer on 7R1E shows its final entry sits to the right of an erased first one.
That double transfer is the key to identification. The Philatelic Foundation, which expertizes stamps, describes it as showing mainly in the upper ornaments and the "OS" of POSTAGE. A stamp from the same position after the plate was reworked shows the same doubling but has incomplete bottom ornaments and a recut line. Stamps submitted as Scott 5 have turned out to be other 1-cent types, proofs (mostly of the 1875 facsimile made for the Centennial Exposition), shaved or perforated proofs and stamps with painted-in designs. The later perforated Type I comes only from Plate 12 and can be told apart by a secret dot in the oval and the absence of the 7R1E doubling. Of 84 off-cover stamps submitted to the Foundation as Scott 5 through November 1987, only 47 were genuine.
Margins are the other problem. The stamps were printed close together, and the people who separated them paid no attention to the outer ornaments, so most copies are trimmed into the very parts of the design that make them valuable. A 2010 sale catalog said only two sound copies with four full margins were known; a 2008 catalog said no fully sound four-margin example was recorded off cover. Ashbrook estimated that fewer than 36,000 Type I imperforates were printed at all.
Counting every copy
Because the stamp comes from one position, specialists have tried to record every surviving example. The census compiled by Jerome S. Wagshal, who also wrote the Philatelic Foundation's 1987 study of the 1-cent stamp, contained at least 98 unduplicated records of Scott 5 by 2010, and one auction firm estimated that no more than ten more exist outside it. Each recorded stamp carries a census number, such as 5-CAN-17 for a canceled single.
Covers are rarer still and becoming rarer. A 2008 catalog counted 21 covers still bearing Scott 5 and noted the number was falling as stamps were removed to sell as singles. A 2010 catalog said fewer than 20 survived. In July 2026 a newly discovered cover from St. Louis, tied by a "1 CT" carrier handstamp and addressed to the secretary of the Mercantile Library Association, was described as the only 7R1E with a carrier cancel and the census's 100th recorded example; the catalog said 24 of the previous 99 were on cover. The counts in these sources do not line up exactly.
New finds still happen. Around 1966 the collector Clifford C. Cole found a 7R1E in a dealer's stock identified as the common Scott 7; he told the dealer, and they agreed on a compromise price. That stamp sold in October 2008 for $27,000; at the same sale, another 7R1E, cut in at top and bottom but bearing Ashbrook's own pencil note on the back identifying the position, brought $28,000. A copy offered in May 2008 was billed as the first addition to the census since its publication.
The Ferrary strip and other famous copies
Only three unused 7R1E stamps are recorded. The finest began as part of a strip of three in the collection of Philipp von Ferrary, the great Paris collector: the Type I single with a pair of Type Ib stamps. An agent for the American collector Arthur Hind acquired the strip, and it stayed intact when Sir Nicholas Waterhouse bought it at the 1933 Hind sale. Waterhouse cut the Type I away and offered it during World War II in one of the charity auctions held in England for the Red Cross and St. John Fund.
When the Waterhouse collection was sold in London in 1955, Raymond H. Weill flew there to buy the Type Ib pair, which he reunited with the Type I single. Bill Gross bought all three stamps together as a single lot at a 1994 sale for $187,000. At the June 14, 2024, evening sale of his collection in New York, they were offered separately: the Type I single, estimated at $200,000 to $300,000, sold for $401,200, and the Type Ib pair sold for $88,500.
The most celebrated cover carries a strip of three, positions 7 to 9R1E, canceled in red, from the Newbury, Ishikawa and Boker collections. Another, mailed from Philadelphia in February 1852 on a printed annual report of a life insurance company, with a sound four-margin 7R1E, came from the Caspary collection and was owned by Raymond Vogel for more than 40 years; it sold at auction in December 2010 for $105,000. An L-shaped strip on an 1851 Boston cover, combining Types I, Ib and II, sold in 2008 for $50,000.
Most copies trade far lower, and condition explains the gap. Sound used singles with clear type features brought $52,500 in September 2010 and $67,500 in October 2007, while copies with faults, thins or cut-in margins sold for $15,250 to $32,500. One four-margin Boston copy with a crease sold in March 2011 for $25,000 and again in February 2012 for $26,000.
The stamp that made specialists
No other 19th-century U.S. stamp has so many type classifications. The 1-cent 1851 to 1861 accounts for 18 major catalog listings, a fact critics cite as specialization run amok. One auction catalog answered them with a golf analogy: dropping the ball in the hole would attract more players too. Ashbrook's two-volume study appeared in 1938, and Mortimer Neinken's 1972 revision is still the standard guide to plating the stamp.
For the collector trying to fill every space in a U.S. album, Scott 5 is one of the hardest of the early spaces. For the specialist, it is proof that a single misstep at a Philadelphia engraving firm in 1851 could create a rarity that people still argue over, count and hunt for 175 years later.
The numbers
- Issue date
- July 1, 1851
- Source position
- 7R1E only (Plate 1 Early, right pane, position 7)
- Quantity printed
- Fewer than 36,000 (Ashbrook estimate); 30,000 in one collector reference
- Recorded copies
- At least 98 (Wagshal census, 2010); 100 by one July 2026 count
- Unused recorded
- 3
- Perforation
- Imperforate
- Sheet format
- 200 stamps in two panes of 100
- Color
- Blue
Timeline
Congress passes the act cutting postage rates, effective July 1.
The 1-cent, 3-cent and 12-cent stamps are issued; Plate 1 Early, the source of 7R1E, is in use from the first day.
Earliest documented use of the Type I, according to one collector reference.
A Boston cover is mailed bearing an L-shaped strip with Types I, Ib and II, the only recorded used multiple in that combination.
A sound four-margin 7R1E is used on a printed report mailed from Philadelphia; the cover later sells for $105,000.
Around this time Plate 1 is reworked and recut into its late state, ending production of Type I imperforates.
The 1851 to 1857 stamps are demonetized.
A Type I facsimile, perforated 12 and without gum, is made for the 1876 Centennial Exposition.
Sir Nicholas Waterhouse buys the Ferrary strip of three at the Hind sale and later separates the Type I single.
Stanley B. Ashbrook publishes his two-volume study of the 1-cent stamp.
Raymond H. Weill buys the Type Ib pair at the Waterhouse sale in London and reunites it with the Type I.
Around this year Clifford C. Cole finds a 7R1E misidentified as Scott 7 in a dealer's stock.
Mortimer L. Neinken publishes his revision of Ashbrook's plating study.
The Philatelic Foundation publishes Jerome Wagshal's study; of 84 off-cover Scott 5 submissions, 47 were genuine.
Bill Gross buys the unused Type I and Type Ib pair as one lot for $187,000.
The ex-Caspary Philadelphia cover sells at auction for $105,000.
The finest unused 7R1E sells at auction in New York for $401,200.
A newly found St. Louis carrier cover with 7R1E is offered as the 100th recorded example.
The world in 1851
John Gorrie of Apalachicola, Florida, receives a patent for a machine to make ice.
Sojourner Truth delivers the first version of her "Ain't I a Woman?" speech in Akron, Ohio.
The yacht America wins the first America's Cup race off the coast of England.
The New York Times is founded.
The Denny Party lands at Alki Point, the first settlers of what becomes Seattle.
Herman Melville's Moby-Dick is published in the United States.
The first YMCA in the United States opens in Boston.
Price record
| Date | Price | Kind |
|---|---|---|
| Oct 2007 | $67,500 | Sold at auctionSound used 7R1E, blue Philadelphia cancel, cut slightly into top and bottom; price as reported in sale results. |
| May 2008 | $32,500 | Sold at auctionUsed 7R1E with large margins and small thin spots, billed as the first addition to the Wagshal census since publication. |
| Oct 2008 | $27,000 | Sold at auctionUsed 7R1E, faint crease, the Cole copy once found misidentified as Scott 7. |
| Oct 2008 | $28,000 | Sold at auctionUsed 7R1E, sound but cut in at top and bottom, with Ashbrook's pencil note on back. |
| Sep 2010 | $52,500 | Sold at auctionSound, lightly canceled 7R1E showing the complete design at top and bottom. |
| Dec 2010 | $105,000 | Sold at auctionSound four-margin 7R1E on a February 1852 Philadelphia cover, ex Caspary and Vogel. |
| Mar 2011 | $25,000 | Sold at auctionFour-margin used 7R1E with Boston PAID grid, vertical crease. |
| Oct 2011 | $15,250 | Sold at auctionUsed 7R1E with faults including a filled thin and a repaired cut. |
| Feb 2012 | $26,000 | Sold at auctionThe same Boston PAID four-margin copy sold in March 2011, resold. |
| Jun 14, 2024 | $401,200 | Sold at auctionFinest of three unused 7R1E, ex Ferrary, Hind, Waterhouse, Weill and Gross; sold at auction in New York (estimate $200,000 to $300,000). |
A realized auction price is what a buyer actually paid on the date shown, including the buyer's premium where the sale reported it. It is the strongest kind of reference price, and it is a record of one sale of one object on one day, not a promise of what the next example will bring.
By reference price, US 1851 1c Franklin Type I is number 28 of 100 in the stamps entries of the FLOAT 100. 82 of those 100 rest on a realized sale; the rest carry an asking price or a guide value, and each page says which. Rank within the FLOAT 100 itself (40 here) is editorial: how much an object defines its field, not price alone.
Did you know
- Scott 5 comes from a single spot on a single printing plate: position 7 in the right pane of Plate 1, before the plate was reworked in 1852.
- Of the 84 off-cover stamps sent to the Philatelic Foundation as Scott 5 through 1987, 37 were not genuine; most were other 1-cent types or proofs submitted in error.
- The finest unused copy spent decades as part of a strip of three before a British owner cut it off and offered it in a World War II charity auction.
- The 1-cent 1851 design has 18 major catalog listings, more type classifications than any other 19th-century U.S. stamp.
- Around 1966 a collector found a 7R1E sitting in a dealer's stock as a common stamp; it sold for $27,000 in 2008.
- A 7R1E on cover with a St. Louis carrier marking surfaced only in 2026, the first recorded with a carrier cancel.
How this page is made
- The figure
- One reference price, shown with its own kind. FLOAT does not average it with anything or adjust it for time.
- Realized or not
- A realized price is a completed sale. An asking price, an estimate and a price-guide value are not sales, and are labeled as such wherever they appear.
- The story
- Researched from published records and checked fact by fact. Updated Oct 1, 2026.
- Archive
- Oct 5, 2026