EXTREMELY FINE. A GORGEOUS MINT NEVER-HINGED EXAMPLE OF THE 1912 50-CENT FRANKLIN ON DOUBLE-LINE WATERMARKED PAPER.
According to Johl (Vol. 1, page 203), Scott 422 was issued more than two years prior to the release of Scott 421. A supply of the double-line watermark paper was still on hand, and was used to fill the need for higher denomination stamps.
With 1981 and 1993 P.F. certificates, the former a copy for block of four
VERY FINE AND CHOICE. A RARE MINT NEVER-HINGED EXAMPLE OF THE 1915 TYPE I VERTICAL COIL.
Type I rotary press stamps were produced using the same master dies as had been used for flat plate printings. However, due to the curve of the plate to fit the rotary press, the impressions lacked some of the details of the flat plate printings. New dies were made with strengthened lines, resulting in the Type II stamps. After plate wear was noticed, further strengthening was necessary, resulting in the Type III stamps. Scott 449 was not produced until almost a year and a half after the Type I horizontal coil, Scott 453. Due to the unpopularity of vertical coils, this Type I stamp was in production for only a short period of time before being discontinued.
With 1995 P.F. certificate for pair