A lovely unexpected surprise, found in a junk lot I got from Denny Peoples at a 1-day Indiana show last month.

On its face it looks run-of-the-mill… but it most definitely isn’t.

For whatever reason, the 1-cent stock transfers and particularly RD1 are very scarce on document. One can look through thousands of these slips (and I have cumulatively) and never see one. Presumably it’s because the 1c would only ever been used as a make-up stamp rather than solo, but that doesn’t explain why the 2c and 4c are found infinitely more frequently than the 1c. I’m unfamiliar with the rate structures in question, so I don’t know how much they may play a part in this scarcity.