EXTREMELY FINE GEM. THIS SUPERB EXAMPLE OF THE 2-CENT TYPE II ROTARY PRESS COIL HAS STOOD FOR NINE YEARS AS THE ONLY SUPERB 98 GRADE IN THE P.S.E. POPULATION REPORT. A BEAUTIFUL STAMP IN EVERY RESPECT.
With 1998 P.F. and 2003 P.S.E. certificates (Superb 98; SMQ $2,500.00). Since it was submitted to P.S.E. in 2003 this stamp has remained the highest graded example, used or unused, of Scott 491
EXTREMELY FINE. AN OUTSTANDING USED EXAMPLE OF THE 1917 $1.00 IN THE DEEP BROWN SUB-SHADE.
According to Johl, a small number of stamps were printed in this distinctive shade early in the issue of the 1917 $1.00 stamp. During the course of the six years that the stamp was issued, all other printings were made in the Violet Brown shade. Used examples of this shade are difficult to find with centering as nice as the example offered here.
With 2000 and 2006 P.F. certificates (XF 90). With 2011 P.S.E. certificate (VF-XF 85; SMQ $1,700.00 as 85, $2,500.00 as 90). While the P.F. in this case gave a higher grade, the 85 awarded by P.S.E. is still the highest recorded in the Population Report, with none equal
EXTREMELY FINE USED EXAMPLE OF THE 2-CENT DOUBLE-LINE WATERMARK PERF 11 ISSUE, SCOTT 519.
This combination of the 1909 "Two Cents" on double-line watermarked paper and gauge-11 perforations was created when an unused supply of imperforate sheets was returned to the Bureau for perforating in 1917 on the new 11-gauge machine. It is probably the most widely faked non-coil 20th Century U.S. stamp (fake perfs and fake cancels abound). This is a rare genuinely perforated and genuinely cancelled example in superb condition. There is trace of cancel on the right perfs, which are full and complete.
With 2006 P.F. certificate (VF-XF 85)
EXTREMELY FINE GEM. A SUPERB USED EXAMPLE OF THE $2.00 ORANGE RED & BLACK 1918 FRANKLIN ISSUE.
The $2.00 and $5.00 1918 Issue are the first bi-colored dollar-denominated postage stamps issued by the United States. Both were released just three months after the famous 1918 24c Inverted Jenny, but the early printings were issued in small quantities, since stocks of the earlier $2.00 and $5.00 issues (Scott 479 and 480) were still on hand.
According to Johl, the $2.00 Orange Red & Black was a color error on the part of the Bureau of Engraving & Printing. The official description and order for the bi-color stamps specified "Red and Black" for the $2.00. When subsequent printings appeared in 1920 and philatelists brought the matter to the attention of the Bureau, they were told "this stamp has always been this color" (Johl, p. 306). From studies of Bureau and Post Office records, it is clear that the originally-intended color was not issued until November 1920 (Scott 547), and that the earlier Orange Red stamps were mistakes.
With 2005 P.F. and 2004 P.S.E. certificates (Superb 98; SMQ $1,700.00). Only one has graded higher (at 98J) and this is the only example to achieve this grade