Lot
265 
1914, 5¢ blue, o.g., never hinged, perfectly centered within balanced margins, strong color and sharp impression, Superb; with 2015 P.S.E. certificate Graded (Superb 98, SMQ $1,850). Scott No. 428 $75.
A SUPERB MINT NEVER-HINGED EXAMPLE OF THE 5¢ 1914 WATERMARKED ISSUE, WHICH IS GRADED SUPERB 98 BY P.S.E. — THIS IS THE HIGHEST GRADE AWARDED.
Realized: $1,050