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VERY FINE APPEARANCE. FEWER THAN A HALF-DOZEN EXAMPLES OF THIS SURPRINTED FRANK ARE REPORTED TO EXIST ON ANY OF THE NESBITT ENTIRES.
If contemporary, the Adams & Company stamped envelopes -- 25c and 50c values on 3c and 6c Nesbitt entires or cut-outs used as adhesives -- must come from the period from 1854 to the collapse of the firm in March 1855. Their rarity could be attributed to the sudden failure of the Adams firm. However, at least one student of the subject has recently argued that these stamped envelopes and cut-outs were created in the 1890's by the notorious forger Wuesthoff. The controversy has not been resolved.
With 2002 P.S.E. certificate. Scott Retail for No. 1LU4 is shown in the used column. (Image)