5c Blue, Coil (317). With wide leader tab at top, beautifully centered with large imperforate coil margins, deep rich color

EXTREMELY FINE EXAMPLE OF THE RARE 5-CENT VERTICAL COIL, SCOTT 317, WITH ATTACHED LEADER TAB.

According to Johl, these first government coils were an experiment, and collectors and dealers were generally unaware of their existence. Regular sheets of 400 were printed and then perforated in only one direction. They were then cut into strips of 20. The strips were hand pasted together to form rolls. As such, they are almost always strongly centered to one side.

With 2017 P.F. certificate (VF-XF 85 Jumbo)

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