EXTREMELY FINE GEM. A TRULY MAGNIFICENT MINT NEVER-HINGED EXAMPLE OF THE 2-CENT DEEP ROSE TYPE Ia, GRADED GEM 100 BY P.S.E. THIS IS THE HIGHEST GRADE AWARDED AND IT IS THE ONLY EXAMPLE TO ACHIEVE IT.
The Type Ia Scott 500 was created during an experiment of the Bureau in creating a new type of transfer roll. A die was made from the old Type I transfer roll, having ten impressions on it. A new transfer roll was then made, using the new ten-impression master die. This new transfer roll was then used to create two new plates. There are noticeable differences between the plates created using this method and the old method of using one die impression to create the transfer roll.
Ex "Hanover". With 2010 P.S.E. certificate (Gem 100; SMQ $9,750.00). This is the highest grade awarded and no others share it.