The Silver Lake Collection of Outstanding United States Stamps and Plate Blocks continued...

VERY FINE AND CHOICE. THE 10-CENT PERF 12 COIL IS EXCEEDINGLY RARE AS A GUIDE LINE PAIR IN THIS SUPERIOR GRADE AND MINT NEVER-HINGED CONDITION.

According to Johl (Volume 1, page 181), only 10,000 of the 10c Washington coil stamp were issued. They were made especially for a New York firm to send out advertising samples, similar to the 3c Orangeburg coil. Only a few rolls were sold to the firm, and the remaining rolls were distributed to some of the large post offices across the country. Dealers acquired several rolls, but because most contemporary collectors did not collect coils, many were used and destroyed.

With 1997 P.F. certificate for guide line strip of four (Image)