Lot
345 
Philippines, 1904, $5 dark green, o.g., never hinged, choice centering amid well balanced margins, intensely rich color, an Extremely Fine gem, a great rarity in never hinged condition, with only 746 issued there are only a very few obtainable in never hinged condition; with 1978 P.F. & 2001 Weiss certificates.Scott No. 239 $2,000.
WITHOUT QUESTION THIS IS ONE, IF NOT THE FINEST NEVER HINGED EXAMPLE OF THE PHILIPPINES 1904 $5 MARSHALL ISSUE IN EXISTENCE.
Realized: $1,600