3c Dull Red, Chicago Perf 12-1/2 (11 var). Large margins to just in at top left where defective (as are many), tied by neat strike of "Chicago Ill. Aug. 26, 1856" circular datestamp on orange cover to Pen Yan N.Y.

FINE APPEARANCE. A RARE EXAMPLE OF THE 3-CENT THE 3-CENT 1851 ISSUE WITH CHICAGO PERFORATIONS.

The clear yeardate of the cancel, well before perforations were introduced to regular U.S. stamps, makes this example particularly desirable.

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