**1912-1915 Washington-Franklin Issues, SL Watermark**
LotNo.	Symbol	CatNo.	Lot Description
241		405	1912, 1¢ Washington, green, S.L. watermark, perf. 12 (Scott 405), exceptional centering amid massive margins, o.g., never hinged, Extremely Fine to Superb, with 2020 P.S.A.G. certificate graded XF-SUP 95J for strip of 3. SMQ $350. Estimate $200 - 300. (Image) (Image2) (All Images)	Suggested Bid $200-300 Selling for...$130.00 Will close during Public Auction
242		406	1912, 2¢ Washington, type I, carmine, S.L. watermark, perf. 12 (Scott 406), plate block of 6, o.g., lightly hinged, Very Fine. Scott $150. Estimate $75 - 100. (Image)	Scott $150 Suggested Bid $75-100 Selling for...$50.00 Will close during Public Auction
243		407	1914, 7¢ Washington, black, S.L. watermark, perf. 12 (Scott 407), plate number single, o.g., never hinged, Very Fine to Extremely Fine, with 2026 P.F. certificate graded VF-XF 85. Scott $150. SMQ $225. Scott Stamp Values $210. Estimate $150 - 200. (Image) (Image2) (All Images)	Scott $150 Suggested Bid $150-200 Selling for...$100.00 Will close during Public Auction
244	o	408	1912, 1¢ Washington, green, S.L. watermark, imperf. (Scott 408), block of 4, showing parts of 12 adjacent stamps, Superb, with 2023 P.F. certificate graded GEM 100J. Not priced by SMQ as a block. SMQ prices a single GEM 100J at $210. Estimate $120 - 180. (Image) (Image2) (All Images)	Suggested Bid $120-180 Selling for...$80.00 Will close during Public Auction
245	o	408 var.	1912, 1¢ Washington, S.L. watermark, Schermack type III perfs (Scott 408 var.), a rare strip of 6, Fine to Very Fine. Estimate $75 - 100. (Image)	Suggested Bid $75-100 Selling for...$50.00 Will close during Public Auction
246	o	409	1912, 2¢ Washington, type I, carmine, S.L. watermark, imperf. (Scott 409), showing parts of 8 adjacent stamps, Superb, with 2016 P.S.E. certificate graded GEM 100J. SMQ $175. Estimate $80 - 120. (Image) (Image2) (All Images)	Suggested Bid $80-120 Selling for...$55.00 Will close during Public Auction
247	()	409 var.	1912, 2¢ Washington, S.L. watermark, Schermack type III perfs (Scott 409 var.), strip of 5, unused without gum, Fine. Estimate $30 - 40. (Image)	Suggested Bid $30-40 Selling for...$20.00 Will close during Public Auction
248	o	413	1912, 2¢ Washington, carmine, S.L. watermark, horizontal coil, perf. 12 vertically (Scott 413), wavy line machine cancel, Extremely Fine, with 2026 P.F. certificate graded XF 90. Scott $50. SMQ $150. Estimate $100 - 150. (Image) (Image2) (All Images)	Scott $50 Suggested Bid $100-150 Selling for...$65.00 Will close during Public Auction
249	/	415	1914, 9¢ Franklin, salmon red, S.L. watermark, perf. 12 (Scott 415), plate block of 6, o.g., hinge remnants at top (4 stamps never hinged), Fine to Very Fine. Scott $650. Estimate $240 - 350. (Image)	Scott $650 Suggested Bid $240-350 Selling for...$160.00 Will close during Public Auction
250		418	1912, 15¢ Franklin, gray, S.L. watermark, perf. 12 (Scott 418), attractively centered, bright and fresh, o.g., never hinged, almost Very Fine. Scott $190. Estimate $80 - 120. (Image)	Scott $190 Suggested Bid $80-120 Selling for...$55.00 Will close during Public Auction
251		419	1914, 20¢ Franklin, ultramarine, S.L. watermark, perf. 12 (Scott 419), o.g., very lightly hinged, Very Fine. Scott $190. Estimate $100 - 150. (Image)	Scott $190 Suggested Bid $100-150 Selling for...$65.00 Will close during Public Auction
252		420	1914, 30¢ Franklin, orange red, S.L. watermark, perf. 12 (Scott 420), nicely centered, with intense color, o.g., never hinged (minute gum skip), almost Very Fine. Scott $250. Estimate $100 - 150. (Image)	Scott $250 Suggested Bid $100-150 Selling for...$65.00 Will close during Public Auction
253		420	1914, 30¢ Franklin, orange red, S.L. watermark, perf. 12 (Scott 420), o.g., never hinged (minor offset on gum), Fine to Very Fine. Scott $250. Estimate $100 - 150. (Image)	Scott $250 Suggested Bid $100-150 Selling for...$65.00 Will close during Public Auction
254		420	1914, 30¢ Franklin, orange red, S.L. watermark, perf. 12 (Scott 420), well centered, with exceptionally rich bright color, o.g., lightly hinged, Very Fine to Extremely Fine. Scott $115. Estimate $75 - 100. (Image)	Scott $115 Suggested Bid $75-100 Selling for...$50.00 Will close during Public Auction
255		421	1914, 50¢ Franklin, violet, S.L. watermark, perf. 12 (Scott 421), plate number single, o.g., never hinged, Fine to Very Fine. Scott $775. Estimate $240 - 350. (Image)	Scott $775 Suggested Bid $240-350 Selling for...$160.00 Will close during Public Auction
256		421	1914, 50¢ Franklin, violet, S.L. watermark, perf. 12 (Scott 421), o.g., never hinged; pencil notation on reverse, Fine to Very Fine. Scott $775. Estimate $150 - 200. (Image)	Scott $775 Suggested Bid $150-200 Selling for...$100.00 Will close during Public Auction
257		422	1912, 50¢ Franklin, violet, D.L. watermark, perf. 12 (Scott 422), o.g., never hinged, Fine to Very Fine. Scott $500. Estimate $120 - 180. (Image)	Scott $500 Suggested Bid $120-180 Selling for...$80.00 Will close during Public Auction
258	o	425	1914, 2¢ Washington, type I, rose red, S.L. watermark, perf. 10 (Scott 425), magnificent centering and a neat light cancel, Superb, with P.S.E. encapsulated certificate graded SUP 98. SMQ $225. Estimate $150 - 200. (Image) (Image2) (All Images)	Suggested Bid $150-200 Selling for...$100.00 Will close during Public Auction
259		427	1914, 4¢ Washington, brown, S.L. watermark, perf 10 (Scott 427), a magnificent plate number single, with lovely centering and bright rich color, o.g., hinged, Extremely Fine to Superb, with 2006 P.S.E. certificate graded XF-SUP 95J. SMQ $150. Estimate $100 - 150. (Image) (Image2) (All Images)	Suggested Bid $100-150 Selling for...$65.00 Will close during Public Auction
260		434	1915, 11¢ Franklin, dark green, S.L. watermark, perf. 10 (Scott 434), plate block of 6, o.g., never hinged, Fine to Very Fine. Scott $550. Estimate $150 - 200. (Image)	Scott $550 Suggested Bid $150-200 Selling for...$100.00 Will close during Public Auction

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