Another French rarity. In fact, we will introduce two rarities, not identified in the Scott catalogue and, if we include a mistake to be described later, there are at least three rarities as associated with
this issue.
The stamp (Figure 1) is the beautiful depiction,
by the eminent designer and engraver Henry Cheffer, of the Port of La Rochelle, capital of Charente-Maritime, a major seaport since the 12th century located north of Bordeaux. It is a far happier choice than competing designs, such as the one shown in Figure 2. An auction in April 1998 by Jacques Robineau of Paris offered five of the six varieties of this stamp described in the Yvert & Tellier catalogue (Scott lists only three), and two of those varieties commanded a catalogue valuation of 29,500 francs ($5300) and 28,000 francs ($5000). That's getting into rarity range.

The Port of La Rochelle stamp was the first French stamp to be printed by line-engraving on rotary presses. The three types of this stamp listed in Scott are No. 251, Type I, with a serif at the top of the "E" of POSTES (Figures 3 and 4), printed from March 22 to June 8, 1929; No. 251A, Type II, with a break at the bottom of the inside and outside of the "0" in 10 fr. (Figure 3) and no serif on the "E" printed from September 18, 1930 to May 4, 1931; and No. 252, Type III, with no breaks in the "0" and no serif on the "E" (Figures 3 and 5) printed between June 19, 1931 and 5 April 1932 and from January 19, 1935 to February 26, 1938.


as blue and No. 261a as outremer (ultramarine). French authorities prefer to consider just two types, with three transfer rolls (molettes) for the second type, the latter two of which resulted in Scott's Type III, but that's another story.
Jervis claimed that the dated corner blocks of these few sheets rank in rarity just behind the exclusive chaudron clair printing for une personnalitè haut placè. Who was that person? [NDLR: Premier Raymond Poincarè and close relatives and friends have been mentioned.] A brief search of French sale catalogues did not turn up such an early corner block for sale, the earliest being April 20, 1929 offered by Behr in 1997 for 3500 francs. The search did reveal in that part of the Dubus collection offered by Jean-Francois Baudot in his December 1988 mail sale a copy of Yvert No. 261A which realized 12,500 francs, as well as two essays, one violet and one red. Baudot's sale of December 1993 contained, in addition to an early corner block of May 23, 1929, examples of an apparent constant variety of type II described as cadre au bas, bavures, rare (bottom frame line smudged, rare). His sale of March 1998 included another essay, this time in green se-tenant with an essay of the Pont du Gard issue (Figure 7); the pair realized 14,200 francs (almost $2600). This suggests that an additional plate was prepared for these colorful essays.

Endnote
[1] The Chambron rotary presses deliver sheets of large size stamps in continuous rolls with the short sides of the stamps parallel to the edges of the roll. Thus, a sheet of stamps of vertical design will appear to be dated on the right hand corner even though the date is actually on the left side as the sheet emerged from the press.
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