3c Dull Red, Ty. I (11). Huge margins all around incl. parts of four adjoining stamps, rich color, neat strike of circular datestamp, Extremely Fine Gem, with 2012 P.S.E. certificate (Gem 100; unpriced in SMQ above the grade of 98, SMQ $475.00 at 98), only five have graded higher and only four others share this grade