Scott 523 Mint Xf/superb Nh $2 1918, 2 Graded Certs (95) Smq $3,300++ No Reserve
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Scott 523 Mint Xf/superb Nh $2 1918, 2 Graded Certs (95) Smq $3,300++ No Reserve:
Scott 523, $2 orange-red and black, perf 11, 1918. Mint single, original gum, never hinged. 2013 PSE graded certificate (XF-Sup 95, Mint OGnh) and 2004 PSE graded certificate (XF-Sup 95, Mint OGnh.) Post-office fresh and choice gem, sound in all respects.
A magnificent stamp - I resubmitted this about 6 months ago as I thought it truly deserved a 98 (and still do.) I was obviously disappointed that it came back with another 95 grade, but will compare it with ANY MNH 523 I've seen, including this one which sold for $12,650 in 2008 (graded 98 -- this one better centered than that, IMO.) I think it's safe to say this one is on the high-end of the 95 spectrum and must be very close to 98 (SMQ 98 = $7,400.)
2013 Scott Specialized catalog value: $1,150++
PSE SMQ value (95): $3,300++
Estimated cash value: $3,500-$4,500++PSE Census numbers (as of 7/23/2013)
Number at grade: 12
Number better than grade: 10
Total graded: 89 (NH only)
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