$1.00 Black, Ty. I-II (276-276A). Block of four, left stamps Ty. I, oval registry cancel, completely sound

FINE. A RARE USED BLOCK OF THE 1895 $1.00 WATERMARKED ISSUE, WITH THE LEFT STAMPS TYPE I AND THE RIGHT STAMPS TYPE II. AN ESPECIALLY RARE MULTIPLE IN USED CONDITION.

The plate of the $1.00 1894-1895 Bureau Issue consisted of fifteen vertical rows of Type I and five vertical rows of Type II, which accounts for the scarcity of Type II compared with Type I. There are only ten positions on the plate which yield combination pairs -- between the fifth and sixth rows of the right pane. The layout of the plate and the fact that very few used blocks are known of either type make this used block a great rarity. Scott assigns a $1,300.00 premium for a combination block of four compared to two combination pairs.

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