Lot
239 
1915, 10¢ Panama-Pacific, perf 10, o.g., never hinged, precision centering within evenly balanced margins, rich vibrant color and exceptional freshness, an Extremely Fine to Superb gem; with 2019 P.F. certificate Graded (XF-S 95 XQ, SMQ $3,750 for 95). Scott No. 404 $1,600.
AN EXCEPTIONAL NEVER HINGED EXTRA QUALITY EXAMPLE OF THE 1915 10¢ PANAMA-PACIFIC PERF 10 ISSUE.
In the Philatelic Foundation grading booklet in reference to exceptional quality or "XQ" they note; "The final grade of a stamp is determined by assigning an initial grade based on centering and margins and then, if needed, adjusting that grade to reflect the various additional factors just described. Important factors such as jumbo margins or other exceptional characteristics are not included in the numerical grade but designated separately with a "J" or "XQ" designation." .
Realized: $2,700