FRESH AND FINE. A RARE MINT NEVER-HINGED EXAMPLE OF THE 1923 ONE-CENT ROTARY PERF 11, SCOTT 544. PROBABLY FEWER THAN TEN EXIST IN MINT NEVER-HINGED CONDITION.

A small quantity of 1c Rotary Press stamps was perforated 11 at the end of 1922, using remainder sheets from the earlier experimental printings that were normally perforated in 10 gauge or 10/11 compound gauge. Its existence as a Perf 11 variety was discovered in 1936, and the stamp received its Scott Catalogue listing in 1938.

Most of the recorded copies of Scott 544 are off-center or have been damaged -- the result of poor production standards and mis-handling.

With 2009 P.S.E. certificate (F 70; SMQ $42,500.00). Only one has graded higher (at 75, realized $52,500 hammer in our 2009 "Laila" sale)

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