EXTREMELY FINE ORIGINAL-GUM EXAMPLE OF THE 1894 $2.00 UNWATERMARKED BUREAU ISSUE. VERY RARE IN THIS QUALITY WITH ORIGINAL GUM.
The 1894 unwatermarked issue was the first U.S. stamp issue to be printed by the Bureau of Engraving & Printing, after the contract with American Bank Note Co. expired. The first stamps printed by the Bureau are notoriously difficult to find well-centered, as production was marred by initial problems as they geared up to meet the needs of the public for stamps. The designs were kept the same from the 1890 ABN Co. issue, with the addition of corner triangles to distinguish the printings. The use of the same designs is another indication of the time pressure that may have caused some of the initial production problems. The $2.00 is one of the rarest of the set in this original-gum condition and choice grade. A review of the P.S.E. population report bears this out -- only two in Mint N.H. condition are graded (both 90) and only eight hinged copies have graded higher than an 85J.
With 2000 P.F. certificate