Sale 1172 — United States Stamps and Hawaii
Sale Date — Tuesday, 19 December, 2017
Category — 1901 Pan-American Issue (Scott 294-299)
5c Pan-American (297). Mathematically perfect centering, intense colors, neat vertical bars machine cancel, absolutely pristineEXTREMELY FINE GEM. AN INCOMPARABLE USED EXAMPLE OF THE 5-CENT PAN-AMERICAN ISSUE, WHICH HAS BEEN AWARDED THE PERFECT GRADE OF GEM 100 FROM P.S.E. -- THIS IS THE HIGHEST GRADE AWARDED AND IS EQUALED BY NO OTHERS.
With 2017 P.S.E. certificate (Gem 100; unpriced in SMQ above the grade of 98, SMQ $1,750.00 as 98). This is the highest grade awarded to a used 5c Pan-American and it is the only example to achieve this grade. The next highest is a single example graded 98. In fact, the only other Pan-American which has been graded Gem 100 in used condition by P.S.E. is the 2c, with two examples. When quantities issued are factored in, this 5c Gem 100 becomes even more extraordinary. More than 200 million of the 2c were issued, versus just 7.2 million of the 5c This is a used early commemorative of exceptional beauty
