2c Carmine, Coil (388). Lightly hinged, almost perfectly centered, brilliant color

EXTREMELY FINE ORIGINAL-GUM EXAMPLE OF THE 2-CENT HORIZONTAL COIL, SCOTT 388.

This stamp is very scarce as a high grade single. It was in production for only a short period of time before being superseded by the Perf 8-1/2 issue. Due to the greater popularity of the horizontal coils, combined with a wary attitude by many collectors that early coils were simply trimmed stamps, many were used and few preserved.

With 1992 P.F. certificate for a pair.

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