2c Carmine, Coil (388). Guide line pair, original gum, lightly hinged, radiant color, choice centering

EXTREMELY FINE ORIGINAL-GUM GUIDE LINE PAIR OF THE 2-CENT HORIZONTAL COIL, SCOTT 388, GRADED VF-XF BY BOTH P.F. AND P.S.E.

This 2c coil was in production for only a short period of time before being superseded by the Perf 81/2 issue. Due to the greater popularity of the horizontal coils with users, combined with a wary attitude by many collectors that early coils were simply trimmed stamps, most were used and few preserved.

Ex "Adventurer". With 2009 and 2023 P.S.E. and 2010 P.F. certificates (all OGph, VF-XF 85). Only one line pair grades higher (at 90, we have never offered it) and none share this desirable grade. Collectors waiting for a high-grade line pair in Mint N.H. condition have a long wait—only one is graded, at 70. SCV $9,000.

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