Noe-23, W-260, Salmon 1-A variety, a distinctive type with each S in the legends backward and the use of the word IN before MASATHVSETS.  Considered to be Rarity-6.

A tough issue that always comes a bit crudely made, and this is a charming, all original, well pedigreed example.

Ex Stack’s October 2005 sale of the John Ford Collection, lot #54; earlier F.C.C. Boyd Collection; earlier Henry Chapman’s June 1918 sale of the Allison Jackman Collection, lot #10.

HOLD

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