Professional Stamp Experts

Expert Committee

We have examined the enclosed item submitted to PSE,
and are of the opinion that:

Cat #

Issue

Denom.

Color

USA#-

GRADE: Ungraded, Mint NGAI

"it is genuine unused, no gum as issued, it is a B.P.A. reproduction of a Sperati Forgery "Proof", signed in pencil by Sperati."

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