Color: Carmine Subject: George Washington Watermark: SINGLE-lined USPS Printing method: Flat plate Perforations: 12 horizontally Scott #: 386 Quantity issued: 14,218,000 Issued: November 1st, 1910
Value for singles
An unused stamp with perfect gum:$100-$150 An unused stamp with gum and a hinge mark: $30-$50 A used stamp: $10-$20
Value for pairs
An unused pair with perfect gum:$250-$50 An unused pair with gum and a hinge mark: $100-$150 A used pair: $3,000-$4,500
About #386
A #386 line pair
#386 was only on sale for two months. However many were collected by philatelists so whilst uncommon, it is not rare. The 12 gauge perforations were not a success, like all 12 perforations it made the stamps break apart from each other too easily. This problem was excerbated by the fact that these coils primary purpose was for stamp machines. They were replaced with the 8.5 perf, which caused the opposite problem.
As in the previous issues they were made from the regular 400 subject sheets which were perforated twelve in the horizontal spaces between the stamps and then cut into strips of twenty. The horizontal guide line appeared in the middle of each of these strips, which were pasted together by hand and rolled into coils of 500 and 1,000. These were coiled on one half inch diameter pasteboard cores. A "paste up" or line pair, therefore, occurred every twentieth stamp and are about eight times scarcer than the ordinary pairs.This type of coil was never as popular among users as the endwise coil.
Earliest documented date of use, December 9th, 1910
The 2¢ Washington stamp paid the standard ½ ounce rate
The Plates
The plate numbers on the sides having been cut off and those on the top and bottom being covered by the paste up. As a consequence no plate numbers can be found on the vertical coils perforated horizontally.
#386 was issued with the following plate #'s
Number only 5116, 5281, 5307-09, 5311, 5321, 5323, 5331
Identifying the Watermark on #386
The SINGLE lined USPS watermark of #386
A DOUBLE lined USPS watermark
Between 1895 and 1916 the U.S. government used two different watermarks, double line and single line with the letters "USPS".
By placing the watermark face down on a dark surface or holding it up to bright light you might be able to see the watermark. If you cannot see the watermark it might be a good idea to invest in watermark fluid and a watermark tray. Ronsons lighter fluid works just as well as watermark fluid. Both fluids evaporate quickly.
Pour a little fluid in the tray, lay the stamp face down. In a few seconds the stamp will absorb the fluid and reveal the watermark to you.
As you will see from the illustrations the letters can span several stamps, so on the watermark, for instance, you can see only part of the letter S in one corner and only part the letter P in the other corner.
The purpose of the change in the watermark 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.
The Inspiration for the Design
George Washington bust by Jean-Antoine Houdon
The vignette was based on a bust of George Washington by french sculptor Jean-Antoine Houdon.
Created in 1785 the bust is considered the most accurate likeness of the first U.S. president. Based on a life mask and clay model made at Mount Vernon, it captures Washington at age 53 with precise facial details, blending a Roman, toga-style aesthetic with realistic aging. It is considered one of the most accurate representations of Washington..