$5.00 Dark Green (263). Original gum, lightly hinged, deep rich color and detailed impression, unusually choice centering with wide and balanced margins

EXTREMELY FINE. AN OUTSTANDING EXAMPLE OF THE 1894 $5.00 UNWATERMARKED FIRST BUREAU ISSUE.

The 1894 Unwatermarked Issue was the first set of U.S. postage stamps to be printed by the Bureau of Engraving & Printing, after the contract with American Bank Note Co. expired. The first stamps printed by the Bureau are notoriously difficult to find well-centered, as production was marred by initial problems as they geared up to meet the needs of the public for stamps. Perhaps the two most difficult denominations to find in superb condition are the $1.00 Type II (Scott 261A), and the $5.00.

With 1987 P.F. certificate.

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