12c Green, Re-Issue (128). Incredibly rich color and proof-like impression, almost perfect centering with well-proportioned margins, neat strike of New York City "2" oval grid cancel and part of duplex datestamp

EXTREMELY FINE GEM. A SUPERB USED EXAMPLE OF THE 12-CENT 1869 PICTORIAL RE-ISSUE. A DIFFICULT STAMP TO FIND IN SUCH OUTSTANDING CONDITION, AND EASILY ONE OF THE FINEST IN EXISTENCE. THIS REMARKABLE STAMP IS GRADED XF-SUPERB 95 BY P.S.E. -- THIS IS THE HIGHEST GRADE AND THE ONLY ONE TO ACHIEVE IT.

The 12c 1869 Pictorial Re-Issue is the second rarest of the set in used condition (the 3c is the rarest). The Rose book estimates 15-25 extant used copies, and SMQ estimates 20 extant. It was the only used 1869 Re-Issue denomination in the Zoellner collection that was accepted with a small fault.

Ex Tahoe, Merlin and Curtis. With 2001, 2015 P.F. and 2008 P.S.E. certificates (latter two XF-Superb 95; SMQ $15,000.00). This is the highest grade awarded and the only example to achieve this grade.

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