1c Green, Rotary Perf 11 (544). Mint N.H., fresh and bright color, choice centering for this notoriously challenging issue

VERY FINE AND CHOICE. ONE OF THE FEW EXTANT MINT NEVER-HINGED EXAMPLES OF THIS MAJOR 20TH CENTURY RARITY. PROBABLY FEWER THAN 20 OF THE 1923 ONE-CENT ROTARY PERF 11, SCOTT 544, EXIST IN ANY UNUSED STATE -- LESS THAN TEN ARE MINT NEVER-HINGED.

A small quantity of 1c Rotary Press stamps was perforated 11 at the end of 1922, using remainder sheets from the earlier experimental printings that were normally perforated in 10 gauge or 10/11 compound gauge. Its existence as a Perf 11 variety was discovered in 1936, and the stamp received its Scott Catalogue listing in 1938.

Most of the recorded copies of Scott 544 are off-center or have been damaged -- the result of poor production standards and mis-handling.

Ex Silver Lake. With 1966 (for strip of four, left stamp), 1996 and 2004 P.F. certificates. With 2005 P.S.E. certificate (F-VF 75; SMQ $65,000.00 as 70, $125,000.00 as 80). This is the highest grade awarded to date. SMQ does not price this in Mint N.H. condition above the grade of 80, and we doubt whether an example in Mint N.H. condition would ever grade higher.

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