EXTREMELY FINE GEM. THIS MAGNIFICENT ORIGINAL-GUM EXAMPLE OF THE 10-CENT 1869 PICTORIAL RE-ISSUE HAS BEEN GRADED SUPERB 98 BY P.S.E. -- THIS IS THE HIGHEST GRADE AWARDED TO DATE.
The 10c and 30c 1869 Pictorials and their Re-Issues are two of the most difficult designs to obtain in higher grades. Part of the reason for his has to do with their asymmetrical designs, which do not lend themselves easily to precise mathematical centering, which is the basis for numerical grading. For Scott 116, there are two used and one no gum copies graded 98 and none with original gum. For Scott No. 121 there is only one in any category graded higher than a 95 (a 95J used copy). For Scott 127 there is this stamp and one other with original gum graded 98 (only one other is graded 95J -- the rest are 95 or below). Scott 131 has the most, with four original gum and two two used graded 98.
With 2009 P.S.E. certificate (OGh, Superb 98; SMQ $14,400.00). This is the highest grade awarded to date and only one other shares this grade.