1c Blue, Ty. II, Printed "paid" Precancel (7 var). Margins to slightly in with about one-half of the adjoining stamp at top (shows "id" of precancel), bottom stamp tear at right and light scuff on "half stamp" at top, Fine appearing and rare precancel variety, little is known about the "Paid" precancels on the 1c 1851 Issue, Ashbrook surmised that "the markings... were printed from newspaper type. In all probability the overprinting was done in a newspaper printing plant, and the stamps were used on wrappers enclosing newspapers or more than probable, on the newspapers themselves." -- Ashbrook's theory was borne out by the discovery of a newspaper wrapper, which was sold in our 2004 Rarities sale

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