2c Carmine, Ty. III, Coil (450). Joint line strip of four, deep rich color, four neat strikes of "Madison Square Branch N.Y." double oval handstamp cancel, nice centering with perfs and imperforate margins clear of design all around

VERY FINE. AN EXTREMELY RARE USED JOINT LINE STRIP OF FOUR OF THE 1915 TYPE III ROTARY COIL, SCOTT 450.

The Type III single-line watermarked coil, Scott 450, is normally overshadowed by its more famous Type I counterpart, Scott 449. However, in used condition, a joint line pair of Scott 450 is as rare or rarer than Scott 449 -- with only two used line pairs plus this line strip of four certified by the P.F., versus ten used line pairs and a line strip of four of Scott 449 (a joint line pair we sold in 2012 with a P.S.E. certificate later received a P.F. certificate as the unwatermarked issue). Given the high catalog value of Scott 449, it stands to reason that more examples would have been submitted, but in any case we are confident in stating that this used joint line strip of four is a great rarity.

With 2013 P.S.E. and P.F. certificates. Significantly undercatalogued in Scott at $300.00 for a pair

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