FINE AND VERY RARE SOUND PAIR OF THE 2-CENT TYPE III ROTARY ISSUE IMPERFORATE VERTICALLY.
A review of Power Search revealed only two other examples (one a strip of three with faults) offered in our sales since 2000. With fewer than 25 pairs believed to exist, this variety is vastly rarer than, and should not be confused with, the 2c Ty. III Rotary issue in a vertical pair imperforate horizontally. We believe it is undercatalogued in Scott.
With 2013 P.F. certificate
FINE APPEARANCE. A SCARCE EXAMPLE OF THE 1922 2-CENT PERF 10 AT BOTTOM. FROM A NEW DISCOVERY.
At a certain point during production one of the perforating wheels became defective. In the course of repairs part of one perforation wheel was inadvertently changed from Perf 11 to Perf 10. Based on the physical evidence of surviving copies, this was the nineteenth row of pins on the wheel.
The Perf 10 on One Side varieties span both the 1917 Washington-Franklin and 1922-23 Issues. It is interesting to note that, apart from the 2c, there is no duplication of denomination between the issues. This would seem to indicate that the improperly repaired wheel was in use for only a short period of time, as there was little overlap in production of the issues. Based on dates of issue of the basic stamps, this probably occurred early in 1923.
Our census of Scott 554d, available at http://www.siegelauctions.com/dynamic/census/554d/554d.pdf , records 21 used singles, four contained in a block and four covers, for a total of 29. None is known unused. The example offered here was found by the consignor in a mixed group of kiloware.
With 2013 P.S.E. certificate (G 30; unpriced in SMQ)