10c Orange, Panama-Pacific (400A). Mint N.H., wide margins and mathematically perfect centering, deep rich color on fresh paper

EXTREMELY FINE GEM. THIS GORGEOUS MINT NEVER-HINGED EXAMPLE OF THE 10-CENT ORANGE PERF 12 PANAMA-PACIFIC ISSUE HAS ACHIEVED THE PERFECT GRADE OF GEM 100.

With 2008 P.S.E. certificate (Gem 100; SMQ $5,850.00). This is the only example to achieve this grade and only one grades higher (at 100J, realized $30,000 hammer in our Sale 1197).

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