1c Green, Rotary Perf 11 x 10 (538). Mint N.H., stunning Jumbo margins and perfect centering, rich color on bright white paper

EXTREMELY FINE GEM. THIS SPECTACULAR MINT NEVER-HINGED EXAMPLE OF THE 1919 ONE-CENT PERF 11x10 COIL WASTE ISSUE, SCOTT 538, HAS BEEN AWARDED THE ULTIMATE GRADE OF GEM 100 JUMBO BY P.S.E.

While Scott 538 is a common stamp, superbly centered copies or stamps with Jumbo margins are rare and the combination of both in one stamp is extremely rare. It was put through two different perforating machines -- perforated 10 vertically on the rotary perforator during the coil part of production and then perforated 11 on the flat plate perforator. As a result, most of the stamps are off-center. The rotary press sheets also had a natural tendency to curl, making perforating on the flat plate perforator especially difficult.

With 2008 and 2011 P.S.E. certificates (Gem 100 Jumbo; unpriced in SMQ above the grade of 98, SMQ $740.00 as 98). This is the only stamp to achieve this perfect grade in any condition category (Mint N.H., hinged or used)

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