Sale 1278 — United States Stamps
Sale Date — Tuesday-Thursday, 21-23 March, 2023
Category — 1894-98 Bureau Issues (Scott 246-284)
$1.00 Black, Ty. I (276). Perfectly centered with wide margins, intense shade on bright white paper, unobtrusive cancel leaves design clearly visibleEXTREMELY FINE GEM. A MAGNIFICENT USED EXAMPLE OF THE $1.00 TYPE I WATERMARKED 1895 BUREAU ISSUE, GRADED SUPERB 98 BY THE P.F.
The dollar-value Bureaus are rarely found with centering that would qualify for a high numerical grade, but in used condition they are further handicapped by heavy registry cancels, which almost invariably knock points off the final grade. The $1.00 Type I 1895 Issue offered here is extraordinary not only for its precise centering and wide margins, but the lightly-struck cancel leaves the entire design visible.
With 2022 P.F. certificate (Superb 98). This is the highest grade awarded by the P.F. and it is shared by no others. By way of comparison, the highest grade awarded by P.S.E. is also Superb 98 (two examples).
