5c Blue, Imperforate (315). Horizontal pair, large to huge margins all around, deep rich color and proof-like impression, neat wavy-line machine cancel

EXTREMELY FINE. THE 1908 5-CENT IMPERFORATE IS EXTREMELY RARE IN USED CONDITION, ESPECIALLY AS A MULTIPLE. THIS OUTSTANDING PAIR IS THE HIGHEST GRADED BY P.S.E.

According to Johl, only 29 sheets of 400 of the 5c imperforate were issued. Most were sent to Indianapolis and the majority was used by manufacturers of private coils. Some unused were no doubt kept by collectors -- 825 copies were distributed to members of the Detroit Philatelic Society. It is possible that most of the used copies originate from this supply.

Ex Hillmer and Natalee Grace. With 1987 P.F. and 2017 P.S.E. certificates (XF 90; unpriced in SMQ above the grade of 80, SMQ $11,500.00 as 80). This is the highest graded pair in the P.S.E. Population Report and it is matched by no others

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