1c Blue, Ty. III (8). Plate 4, huge margins all around showing wide breaks in lines at top and bottom (the defining characteristic of Type III, deep rich color and proof-like impression, neat strike of blue circular datestamp

EXTREMELY FINE GEM. A STUNNING USED EXAMPLE OF THE 1851 ONE-CENT TYPE III, WHICH HAS BEEN GRADED SUPERB 98 BY P.S.E. -- THIS IS WITHOUT DOUBT ONE OF THE FINEST IN EXISTENCE.

Type III is defined by breaks in the outer lines at both top and bottom. Many Type III stamps have breaks that were created or enlarged by plate wear. Since the wear occurred over a period of time, a majority of stamps of this type (both unused and used) have small breaks in at least one line. The most notable exception is Position 99R2, which has the widest breaks of any Type III position, due to the short transfer during plate entry.

The example of the 1c 1851 Type III offered here is significant for several reasons. The breaks at top and bottom are so wide that it actually approaches those of Position 99R2. The large margins at top and bottom and light cancellation also allow for easy identification of the type. All factors considered -- design, impression, margins and cancel -- this stamp is easily one of the finest in existence.

Ex Sheriff. With 1971 and 1994 P.F. and 2008 P.S.E. certificates (Superb 98; SMQ $21,000.00). Only two have graded higher (at 98J) and one other shares this desirable grade.

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