New York N.Y., 5c Black, "AC M" Initials (9X1a). Unused (no gum), huge margins to ample at top, small extraneous blue ink spot in "S" of "Cents" has been expertly removed, appears Very Fine, with 1988 Dreyfus and 2021 P.F. certificates, the latter stating "unused" and mentioning the removed blue ink

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