EXTREMELY FINE. LESS THAN 40 OF THE 1875 3-CENT CONTINENTAL SPECIAL PRINTING ARE BELIEVED TO EXIST.
The Scott catalogue notes that "Although perforated, these stamps were usually cut apart with scissors. As a result, the perforations are often much mutilated and the design is frequently damaged." For additional information, please see an article by William E. Mooz in Chronicle 183 titled "Scissors Cutting of the 1875 Special Printing Issues." The example offered here, with its design complete and perforations intact on three sides, is one of the finest examples known of this rarity.
Ex Chapin. With 1979 and 2003 P.F. certificates