FINE APPEARING EXAMPLE OF THE ONE-CENT PAN-AMERICAN INVERT.
According to Johl, the 1c Pan-American Inverts were found in at least four different post offices around the country soon after release of the issue in May 1901, including Bessemer Ala., Richmond Va., Utica N.Y. and Connecticut.
From our 1968 Rarities sale and with 1968 P.F. certificate
A PRESENTABLE EXAMPLE OF THE 4-CENT PAN-AMERICAN INVERT WITH SPECIMEN OVERPRINT.
If the reported numbers are correct, a total of 203 4c Inverts were released, both with and without the overprint. An unknown quantity of the 4c Pan-American invert was overprinted with a small "Specimen" overprint. Some examples, both with and without the overprint, were given away by Third Asst. Postmaster General Edwin C. Madden. When postal authorities learned of the practice, they destroyed 194 copies and put one pane of 100 into the official archives. At a later date, 97 of these were traded for rarities missing from the archives.
With 2013 P.S.E. certificate
FINE APPEARING EXAMPLE OF THE 4-CENT PAN-AMERICAN INVERT.
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, and in some cases removed entirely.
Scott Retail as original gum $85,000.00