New York N.Y., 5c Black, "ACM" Initials (9X1). Position 20, full margins to just touched at bottom left, sharp proof-like impression, without pen cancel and tied by neat strike of red "Paid" in arc on 1846 folded letter to Champlain N.Y., neat "New-York 5 cts. 25 Jun." integral-rate datestamp, blue manuscript "Due 5" for over 300-miles rate, file fold, Very Fine

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