EXTREMELY FINE GEM. A BEAUTIFUL EXAMPLE OF THE 1857 ONE-CENT PERFORATED TYPE IV WHICH HAS BEEN GRADED XF-SUPERB 95 BY P.S.E. THIS IS THE HIGHEST GRADE AWARDED.
Most examples of this issue have perforations either touching or cutting into the recut lines. The example offered here, with intact recut lines at top and bottom, is the rare exception to that rule.
With 1990 P.F. and 2003 P.S.E. certificates (XF-Superb 95; SMQ $7,000.00). This is the highest grade awarded and only two others share it (one offered in the Kirke sale).