Lot
1181 
1903, 50¢ orange, o.g., never hinged, perfectly centered amid beautifully balanced margins, rich vibrant color and fresh bright paper, Extremely Fine to Superb, with only five examples having received this grade with only three higher; with 2015 P.S.E. Graded certificate (XF-Sup 95, SMQ $9,000). Scott No. 310 $1,200.
A TRULY OUTSTANDING NEVER HINGED EXAMPLE OF THE 1902 50¢ DEFINITIVE ISSUE - ONE OF THE MOST DIFFICULT DENOMINATIONS OF THE ISSUE TO OBTAIN IN GEM NEVER HINGED CONDITION.
Realized: $8,000