12c Black, Plate 3 (36b). Essentially perfectly centered with margins clear of the design on all sides, black town circular datestamp and trace of a red one also, Extremely Fine Gem, with 2006 P.F. and 2007 P.S.E. certificates (XF-Superb 95; SMQ $1,650.00), one of six used copies of No. 36b graded XF-Superb 95 by P.S.E. (none graded higher)

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