EXTREMELY FINE GEM. THIS MAGNIFICENT MINT NEVER-HINGED EXAMPLE OF THE 10-CENT ORANGE PERF 12 PANAMA-PACIFIC ISSUE IS GRADED GEM 100 JUMBO BY P.S.E. -- THIS IS THE HIGHEST GRADE POSSIBLE ON THE GRADING CHART AND THIS IS THE ONLY EXAMPLE TO ACHIEVE THIS GRADE.
With 1993 P.F. and 2007 P.S.E. certificates (Gem 100 Jumbo; unpriced above the grade of 100, SMQ $5,850.00 as 100). This is the highest grade possible and it is the only example to achieve this grade. For all Panama-Pacific stamps (Scott 397-404), only two others have an example graded 100 Jumbo -- Scott Nos. 397 (1c) and 399 (5c). Each has one copy at this grade. This is the only 10c stamp of the series to obtain this perfect grade.