1c Green, Rotary Perf 11 (544). Unused (no gum), rich color and exceptionally well-centered for this very difficult issue

VERY FINE AND RARE CENTERED UNUSED EXAMPLE OF THE 1923 ONE-CENT ROTARY PERF 11, GRADED VF 80 BY P.S.E — THE HIGHEST GRADE AWARDED TO AN UNUSED EXAMPLE. PROBABLY FEWER THAN 20 EXIST IN ANY UNUSED STATE.

A small quantity of 1c Rotary Press stamps was perforated 11 gauge at the end of 1922, using remainder sheets from the earlier 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. Unused examples are much scarcer than used and very few have any semblance of decent centering. This is the perfect stamp for the collector who values centering and margins over original gum.

With 2019 P.F. and 2018 P.S.E. certificates (latter NG, VF 80). This is the highest graded unused Scott 544 in the P.S.E. Population Report and no others are equal. It is unpriced in SMQ and Scott as unused, no gum. SMQ as original-gum VF 80 (which does not exist) is $40,000. SCV as original gum is $22,500.

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