15c Bright Orange, Special Printing (174). Without gum as issued, vibrant color, perfs scissors-separated as usual but intact all around, well-balanced margins

EXTREMELY FINE. A PHENOMENAL EXAMPLE OF THE 15-CENT 1875 CONTINENTAL BANK NOTE COMPANY SPECIAL PRINTING. ONE OF THE FINEST EXTANT.

Our census of Scott 174 contains 40 examples, including one in the Miller collection owned by The New York Public Library, leaving 39 available to collectors. Of these, an overwhelming majority have the perforations scissors-separated on at least one side. Only five or six have intact perforations, and of those perhaps half are faulty. This sound and centered example with intact perforations is a true condition rarity and one of the finest extant.

Census no. 174-UNC-07. Ex West. Signed in pencil by E. Stern. With 1957 P.F. certificate

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