5c Red Brown (12). Original gum, lightly hinged, three large margins, clear at bottom, deep rich color and proof-like impression on bright paper

FRESH AND VERY FINE. AN ATTRACTIVE AND RARE SOUND ORIGINAL-GUM EXAMPLE OF THE 5-CENT 1856 ISSUE.

With the exception of some rare types of the 1c and 10c, such as Scott Nos. 5 and 16, the 5c stamp is the most difficult denomination to obtain with four margins in original-gum condition. The spacing between stamps was very narrow, leaving little margin for error when separating the stamps, which explains why so few examples are known with four margins.

Ex "Laila". With 1980 and 1997 P.F. certificates

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