1c Blue, Ty. II (7). Large margins to in, unused (no gum), printed "paid" precancel in lower-case type, used in Cleveland O., some creasing, tear affects both stamps

FINE APPEARANCE AND EXTREMELY RARE. THE PHILATELIC FOUNDATION HAS CERTIFIED FEWER THAN TEN EXAMPLES OF THIS PRECANCEL. ESPECIALLY RARE ON THE TYPE II STAMP.

Several different "Paid" precancels are known on the 1c 1851 Issue. The most widely known are those in either all upper-case or all lower-case type (two pairs are known with a combination of both types). Both styles of "Paid" precancel are very rare and were used in Cleveland O. (see 2005 Rarities sale, lot 254). At the time of our Dr. Morris sale in 1997, the Philatelic Foundation had certified only six copies in total -- three of each type. We have not offered one on a Type II stamp since keeping computerized records.

Ex Michaels. Illustrated in Ashbrook 1c 1851-57 book, Volume 2, page 92. With 2005 P.S.E. certificate

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