2c Carmine, Coil (388). Guide line pair, brilliant color, well-centered for this elusive coil

VERY FINE. AN ATTRACTIVE AND RARE GUIDE LINE PAIR OF THE 1910 2-CENT PERF 12 COIL WITH SINGLE-LINE WATERMARK, SCOTT 388.

The 2c single-line watermark horizontal coil, Scott 388 was in production for only a short period of time before being superseded by the Perf 8-1/2 issue, Scott 393. In addition, due to the greater popularity of the horizontal coils with users, combined with a wary attitude by many collectors that early coils were simply trimmed stamps, many were used and few preserved.

With 1982 P.F. and 2009 P.S.E. certificates (F-VF 75; SMQ $5,650.00). Only two hinged guide line pairs have graded higher (at 85 and 90). This is the only example graded 75

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