1¢ - Green
Printing Method: FLAT PLATE
Subject: Benjamin Franklin
Number issued: 6,500,000,000
Watermark: Single Line USPS (see below)
Scott #: 374
Issued: November 23, 1910
No postmark with gum (MH)
$1 - $3
Full perfect gum, no postmark
no trace of stamp hinge mark (MNH)
$4 - $8
For such an inexpensive stamp it is odd that there are no full panes known. This is the closest to a full pane that has been sold.
Sold December 2019 for $1,320
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#374 was issued with the following plate #'s
Imprint, star and plate number
5301-45, 52, 59-60, 82
5401-04, 13-14, 16, 18, 20, 29, 32, 35, 38, 41, 44, 73-91, 93-99
5591-92, 95-96, 98-99
5600-05, 07, 20, 22, 31-34, 37, 39-40, 43-44, 47, 51, 72-73
Imprint, 'A' and plate number
5656-59, 63-66, 77-79, 82, 99
The earliest known date of use for #374 is February 7th, 1910
The earliest known date of use for #374a (Booklet pane stamps) is February 28th, 1911
1¢ Green Booklet, four panes of six
Value for unexploded booklet: $1,100
The purpose of this change was to strengthen the paper and to give it a more uniform thickness. The old double line watermark covered too much space and made the lettered area quite a bit thinner than the rest of the paper, which caused variation in the shrinkage of the paper. The new watermark was also smaller, occurring 400 letters to a full sheet instead of 360.
Value MH - $45 - $80
There are 360 subjects to the sheet from which the booklet pane was cut, thus yielding 60 booklet panes to each sheet. See below for sheet positions.
The booklet pane was issued with the following plate #'s
5447-49, 52, 54-55, 57, 60, 63
Position panes on 360 subject plates
B-Pane with half arrow line in margin, guide line at right.
C-Pane with half arrow line in margin, guide line at left.
D-Pane with plate number in margin.
H-Pane with vertical guide line at right.
I-Pane with vertical guide line at left.
J-Pane with horizontal guide line at bottom.
K-with vertical guide line at right and line at bottom.
L-Pane with vertical guide line at left and line at bottom.
M-Pane with horizontal guide line at top of margin,
N-Pane with vertical guide line at right and at top of margin.
O-Pane with vertical guide line at left and at top of margin.
The 180 subject plates were NOT used for the booklets of this issue, while the 360 subject plates were used for this and. all succeeding booklets of ordinary stamps. The above list of positions will, therefore, hold true for all succeeding issues unless otherwise specified