12c Black, Plate 3 (36b). Extra wide margins all around with perfs far from framelines, intense shade and impression which clearly shows double transfer at bottom, neat cancels leave design clearly visible

EXTREMELY FINE GEM. A SUPERB USED EXAMPLE OF THE 12-CENT 1860 ISSUE FROM PLATE 3, WHICH HAS BEEN GRADED XF-SUPERB 95 BY P.S.E. THIS IS ESPECIALLY DESIRABLE WITH THE PROMINENT DOUBLE TRANSFER AT BOTTOM.

Ex Floyd, Tahoe and Kirke. With 1990 P.F. and 2008 P.S.E. certificates (XF-Superb 95; SMQ $1,950.00 with no premium for the double transfer). Only one stamp has graded higher (at 98). Considering the extraordinary margin width -- almost unheard of in this issue -- and the centering and face-free cancel, we consider this a very strong 95, if not a 98.

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