New York N.Y., 5c Black, "ACM" Initials (9X1). Two, one is Position 12, three full margins, clear at top, two neat bold blue vertical pen strokes, sharp impression, couple small cuts in right margin, otherwise Very Fine, other large margins to ample at top right, two neat blue pen strokes and part of red "New York Paid 5" integral-rate circular datestamp used on foreign mail, diagonal crease and two small tears, appears Very Fine, with 2000 P.F. certificate

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