EXTREMELY FINE GEM. A MAGNIFICENT 5-CENT PAN-AMERICAN FOR THE COLLECTOR OF ULTRA-HIGH QUALITY GEMS.
P.S.E. encapsulated (Superb 98; SMQ $4,000.00). This is the highest grade awarded to date and only six others share this grade.
FINE. A SCARCE SOUND ORIGINAL-GUM EXAMPLE OF THE 4-CENT PAN-AMERICAN INVERT.
The 4c stamp portrays an electric automobile, known at the time as the "Electric Vehicle Service," as depicted on the Baltimore & Ohio Railroad brochure from which the engraving was made. In the background one can see the dome of the Capitol. The two men depicted in the front seat are both chauffeurs. The man in the passenger compartment is Samuel P. Hege, so this stamp actually depicts living person in violation of the law.
The 4c Pan-American Invert was a special printing and not regularly issued. Examples were distributed through two official channels, and the gum on the majority of stamps without "Specimen" overprint was disturbed. In fact, because the stamps were removed from mounting paper, they are generally thinned or have seriously disturbed gum.
1968 P.F. certificate no longer accompanies. P.S.E. encapsulated (OGh, VG 50; SMQ $45,000.00)