Lot 1782 o
1908, 4¢ brown, imperforate, Schermack type III, wavy line machine cancel, full Schermack perfs on both sides, very well centered for this difficult issue with design clear of perfs, deep rich color, Very Fine; with 2017 P.F. certificate.Scott No. 314A $50,000.
A VERY RARE AND CHOICE SOUND EXAMPLE OF THE 1908 4¢ IMPERFORATE WITH SCHERMACK TYPE III PERFORATIONS - WITH ONLY FORTY TWO USED EXAMPLES RECORDED.
In April of 1908, the Schermack Company received orders of a 4¢ denomination from two of their Detroit clients, the Burroughs Adding Machine Company and the Hamilton Carbardt Company. Altogether, 10,000 stamps were ordered and 25 sheets were sent by the Bureau without perforations on May 12th, 1908.
According to the Siegel Census, only 32 used singles are recorded. Only eleven of these are deemed sound.