1c Blue, Ty. II (7). Position 4L2, original gum which has been only very lightly hinged, large to huge margins incl. sheet margin at top, brilliant color on bright paper

EXTREMELY FINE. A BEAUTIFUL LIGHTLY-HINGED EXAMPLE OF THE IMPERFORATE 1851 ONE-CENT TYPE II.

With 1980 and 1998 P.F. certificates. With 2007 P.S.E. certificate (VF-XF 85; SMQ $1,900.00). The P.S.E. grade is an enigma. In this stamp we have full margins framing the ornamentation on all sides, including the left and right sides, and there is a large top sheet margin. Considering the additional "plus" factors -- lightly-hinged gum and bright fresh color and paper -- we are at a loss to explain how this stamp could have received a grade of less than 90.

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