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EXTREMELY FINE GEM. A SUPERB USED EXAMPLE OF THE 1908 5-CENT IMPERFORATE GRADED XF-SUPERB 95 BY P.S.E. -- THE HIGHEST GRADE ON RECORD.
According to Johl, only 29 sheets of 400 of the 5c imperforate were issued. Most were sent to Indianapolis and the majority was used by manufacturers of private coils. Some unused were no doubt kept by collectors -- 825 copies were distributed to members of the Detroit Philatelic Society. It is possible that most of the used copies originate from this supply.
With 2011 A.P.S. and 2013 P.S.E. certificates (XF-Superb 95; SMQ $3,250.00). This is the highest grade recorded and it is equaled by only two others (Image)