Lot
279 
1979, 15¢ John Paul Jones, perf. 12, o.g., never hinged, choice centering, rich colors on bright paper, Extremely Fine; with 2024 P.F. certificate.Scott No. 1789B $3,000.
A RARE MINT NEVER HINGED EXAMPLE OF THE PERF 12 JOHN PAUL JONES ISSUE.
This issue was printed by the American Bank Note Company and perforated in three different formats: Perf 11 x 12, Perf 11 All Around and Perf 12 All Around. It is believed that the USPS was unaware that there were different perforations. The Perf 12 all around is by far the rarest.