EXTREMELY FINE. THIS RECENT DISCOVERY IS THE FIRST AND ONLY RECORDED BISECTIONAL USE OF THE ONE-CENT 1851 ISSUE. THE SENDER APPLIED THE BISECT TO THIS PRINTED CIRCULAR TO TAKE ADVANTAGE OF THE SPECIAL HALF-CENT RATE FOR NEWSPAPERS AND PERIODICALS ADDRESSED WITHIN A STATE, AND IT WAS ACCEPTED BY THE NEW HAVEN AND HARTFORD POST OFFICES. A PRINTED CIRCULAR--AS DEFINED BY LAW--WAS NOT ENTITLED TO THE DISCOUNT FOR IN-STATE NEWSPAPERS AND PERIODICALS, BUT THE SENDER--A LAWYER WHO WOULD BE CONVICTED OF GOVERNMENT FRAUD JUST TWO MONTHS LATER--SUCCEEDED IN “WORKING THE SYSTEM.” AN IMPORTANT AND SINGULAR PHILATELIC RARITY WAS CREATED IN THE PROCESS.
The 1c 1851 Issue is one of the most widely collected and studied United States stamps. This 1851 Half-Cent Bisect and the 6c 1869 bisect are the only two unique bisected United States stamps, and this is the only example of a bisected 1c stamp among all United States 19th Century issues.
With 2012 Philatelic Foundation certificate.
Clock here to view the special catalogue, with additional historical information, for the One-Cent Bisect: http://www.siegelauctions.com/2013/1040/1040A.pdf