rest of it was so damned perfect. Would a counterfeiter be so stupid? Not with several thousand dollars at stake. Okay, so maybe Perot was sick or out of town or had a busted hand that day. It took six months, but I got an authentication out of the Royal Philatelic Society, and I sent the collector my check for nine thousand, which was the best offer I could get for the stamp at that time. I put the stamp in a client investment account. You wouldn't believe the kind of word of mouth advertising I got out of that."
The whole thing seemed unreal to me. He claimed to have made fifty thousand last year as a buying agent for the investment accounts. But here he was in a narrow little sidestreet store.
"Your problem, Mr. McGee, I can see it on your face. You think all this stamp stuff is like bubble gum wrappers, like maybe baseball cards, trade three of your players for one of mine. It doesn't seem like grownups, right? Let me show you how grownup it can get, okay?"
He opened an old cast-iron safe, took out a little file drawer, took out some glassine envelopes. With small, flat-bladed tongs he took out two stamps and put them in front of me.
"Here, look at these two through this magnifying glass. These are both the five-dollar Columbian Exposition of 1893, unused. Printed in black. Profile of Columbus. Catalog seven hundred. For stamps like these, the retail should be a thousand each. Quality. Perfect centering. No tears or folds or bends. No short perforations. No perforations missing. Nice clean imprint, sharp and bright, no fading. A fresh, crisp look. Right? Now I turn them over. Keep looking. See? Full original gum on each. Nobody ever stuck a hinge on either one and stuck it in an album. Perfect? You are looking at two thousand dollars retail? Wrong! This one is a thousand dollars. This other one is schlock. I'll show you."
He got out a pistol-grip light on a cord, turned it on, and turned off the overheads. We were in almost complete darkness. "Black light," he said. "Look at the stamp there." Two irregular oval areas glowed. One was the size of a lima bean, the other the size of a grain of rice.
Fedderman turned the lights on again. "Let me tell you what is maybe the history of this piece of junk here. Back in 1893 maybe some uncle goes to the Exposition and he brings back a fine gift, all the stamps, and maybe a souvenir album. So a kid licks this one like putting it on an envelope and sticks it in the album, along with the others. This one maybe had one straight edge, where it was at the edge of the sheet when it was printed. Okay, maybe it spends thirty, forty years in that album. Finally somebody tries to soak it off. Hard to do after the glue has set. They don't get it all off. Some of the stamp comes off on the album paper. That leaves a place called a thin. A nice centered stamp like this with no gum and two thins and a straight edge, nothing else wrong, it goes for maybe a hundred and fifty, hundred and a quarter retail, perhaps ninety bucks wholesale. Okay, last year or the year before, somebody buys this dog along with some others of the same kind of high value dogs. They take them to Germany. Right now, working somewhere in West Germany, there is a pure genius. He makes up some kind of stuff to fill the thins. He gets the gum from low-denomination Columbians. He puts it on perfect, no slop-over between the perfs. And he re-perfs the straight edge perfect as an angel. I'm telling you, back around World War One, Sam Singer was the stamp doctor in this country. Then there was a fellow in Paris named Zareski who was pretty good, especially faking cancellations. But this German is the best yet. Very dangerous. And I'm showing you why I'm worth the ten percent I get for doing the investing."
Suddenly he slumped, sighed. "Sure. Hirsh Fedderman is so damned smart. When you think nobody can take you, somebody takes you."
"Tell Travis what happened," Meyer said.
It took Fedderman a few moments to pull himself