5c Red Brown (28). Intense shade on bright paper, perfectly centered with perfs well clear of outer projections on all sides, long and full perforations, neat strikes of New Orleans circular datestamp

EXTREMELY FINE GEM. A STUNNING USED EXAMPLE OF THE 1857 5-CENT RED BROWN. THIS IS ONE OF THE MOST DIFFICULT ISSUES TO OBTAIN WITH SUCH WIDE MARGINS AND IN SUCH PRISTINE CONDITION.

Due to the narrow spacing between stamps on the plate, the perforations often touch or go into the outer portion of the design on one or more sides. The example offered here, with perfect centering and unusually wide margins, is a true condition rarity.

Ex Merlin. With 1984 and 1999 P.F. and 2009 P.S.E. certificates (XF-Superb 95; SMQ $9,750.00). Only two have graded higher (at 98) and three others share this grade, a statistic that has not changed in at least three years.

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