DescriptionHB-98 EP-73 Scott-68 Reed-DO05 5¢ Dougan Extremely Fine.
Numerical grade: 70case.65stamp.60mica. = 195 The case is a solid XF with a nice, even medium tan color and no flaws. The stamp is rotated within the case, and it is a bit faded. The mica has a crack and crazed area from Jefferson's chin to the lower right. This is the Arnold Perl specimen Sold by Stack's on December 6, 1969. It was Lot 1021 in that sale, described, "Extremely Fine. Stamp is crooked. Very rare firm in this denomination." Reed's auction census shows 21 appearances of Five Cent Dougans, which of course includes multiple reappearances. He estimates the 5¢ to be an R-8+ (five to seven.) We are in agreement, as is the Hodder-Bowers reference and the Stack's June 2004 catalog.
From The Frederick Mayer Collection
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