DescriptionHB-23 EP-136 Reed-AP12 12¢ Ayer's Cathartic Pills Extremely Fine.
An important rarity, considered to be an R-8 (five to ten known) by Reed, an assessment with which we are in agreement. Reed's auction data show 22 examples (including duplication) offered for sale over 104 years. This piece is a nice light brass color, with a reasonably bright though somewhat off-center stamp, and a mica that has only minor surface marks and a few small separations. Some dark brown substance has seeped into the piece and stained the stamp in a small area above the right tab just reaching Washington's hair.
From The Honorable William H. Kelly Collection
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