Lot 197 o
1913, 5¢ Panama-Pacific, perf 12, neat duplex cancel, rich deep color, large beautifully balanced margins and exceptional centering, Superb, this being one of four used examples to receive this grade with only two examples grading higher (both 98J); with 2016 P.S.E. Graded certificate (Superb 98, SMQ $650).Scott No. 399 $10.
Realized: $450