10c Black (2). Large margins all around incl. sheet margin at left, tied by red square grid cancel with matching "New-York Aug. 23" circular datestamp on 1849 folded letter to Elyria O., letter with "Beebee, Ludlow & Co., 49 Wall Street" imprint at top, stamp with faults at lower left confined to the sheet margin, cover soiling and file folds which do not affect stamp, overall Very Fine and attractive, with 1970 P.F. certificate noting no flaws, stating that the stamp is genuinely used on this cover and has been removed and replaced

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