1c Green, Rotary Perf 11 (545). Mint N.H., brilliant color, detailed impression, almost perfectly centered with unusually wide and balanced margins

EXTREMELY FINE GEM. A SUPERB MINT NEVER-HINGED EXAMPLE OF THE ONE-CENT ROTARY COIL WASTE ISSUE, SCOTT 545.

By their very nature, rotary press waste stamps are extremely difficult to obtain with such choice centering. The production process was far less precise, resulting in many off-center stamps. The stamps were not meant to be perforated on the flat-plate perforating machines, which were set for a slightly different size of stamp.

Ex Piedmont and Scarsdale. With 2000 and 2001 P.F. certificates (the former as a block of four). With 2007 P.S.E. certificate (XF Superb 95 Jumbo; SMQ $2,150.00 as 95, $8,500.00 as 98). Only two have graded higher

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