Lot
1215 
1923, 12¢ brown violet, o.g., never hinged, perfect centering within uncommonly large and evenly balanced margins, rich deep color and crisp impression on bright fresh paper, a Superb jumbo gem, a phenomenal gem stamp; with 2015 P.S.E. Graded certificate (Gem 100J, SMQ $650 for only 100). Scott No. 564 $12.
THE ONLY NEVER HINGED EXAMPLE OF THE 1923 12¢ CLEVELAND ISSUE RECEIVING THIS ULTIMATE P.S.E. GRADE.
Realized: $2,600