EXTREMELY FINE PART ARROW MINT NEVER-HINGED EXAMPLE OF THE 1894 $1.00 UNWATERMARKED TYPE II BUREAU ISSUE.
Collectors of this issue know that it is extremely difficult to find the First Bureau issue in centered, Mint Never-Hinged condition, particularly the higher denominations. This is mostly due to production problems as the Bureau of Engraving and Printing assumed responsibility for stamp production after the American Bank Note Co. contract expired. Examples with selvage are particularly desirable as the lack of watermark is far more obvious. We have not offered another Mint N.H. example graded 90 or higher since 2009.
With 2020 P.S.E. certificate (XF 90; SMQ $14,500.00). Only two Mint N.H. examples grade higher (at 95 and 95J) and only two others share this grade -- a statistic which has not changed since at least 2009
EXTREMELY FINE ORIGINAL-GUM EXAMPLE OF THE 1894 $1.00 TYPE II UNWATERMARKED BUREAU ISSUE.
With 1991 and 2011 P.F. certificates
EXTREMELY FINE GEM. A SUPERB ORIGINAL-GUM EXAMPLE OF THE 1894 $1.00 TYPE II UNWATERMARKED BUREAU ISSUE, GRADED SUPERB 98 BY P.S.E. -- THIS IS THE HIGHEST GRADE AWARDED IN ANY CATEGORY.
With 2011 P.S.E. certificate (OGph, Superb 98; SMQ $11,000.00). This is the highest grade awarded in any category and only one other shares this grade.
VERY FINE AND CHOICE. A SCARCE MINT NEVER-HINGED EXAMPLE OF THE 1894 $1.00 TYPE II UNWATERMARKED BUREAU ISSUE.
With 2014 P.S.E. certificate
EXTREMELY FINE GEM. THIS MAY WELL BE THE FINEST USED EXAMPLE OF THE 1894 TYPE II UNWATERMARKED BUREAU ISSUE. THIS IS ONE OF THE MOST DIFFICULT ISSUES TO OBTAIN WITH SUCH CHOICE CENTERING.
The $1.00 Type II, which is defined as having the complete circle around the left "$1", occurred on only 50 of the 200 subjects of Plate 76. It is believed that only 8,762 were issued. This is a miniscule number when compared to the previous $1.00 stamp of the Columbian series (55,050 issued) and its watermarked counterpart (Scott 276A with 63,803 issued). They were mostly used on parcels or other oversize or heavy mailings. The stamps on these mailings tend to be damaged from use or were discarded, resulting in a small population of sound used stamps. Linn's Stamp Facts estimates less than ten covers are known.
With 2014 P.S.E. certificate (Superb 98; SMQ $14,500.00). This is the highest grade awarded and it has no equals