$50.00 Dull Rose, 1895 Issue (PR112). Slightly disturbed original gum from hinge removal, perfectly balanced wide margins with gorgeous fresh color

EXTREMELY FINE GEM. POSSIBLY THE FINEST EXISTING ORIGINAL-GUM EXAMPLE OF THE ELUSIVE $50.00 UNWATERMARKED BUREAU NEWSPAPER ISSUE.

With 1992 P.F. certificate that does not mention gum disturbance. Of the twelve different 1894 First Bureau Newspaper values, only 40 stamps in total -- in all kinds of condition -- have been submitted to the P.S.E. The $50.00 shows seven certified (three OG, four NG, RG or D-POG and one used). The highest grade for this value is one stamp at 95

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