1862 Lord & Taylor. One Cent. HB-168, EP-20, S-121, Reed-LT01. Very Fine.Case: Faint remnants of silvering are discernible, the frame with dominant light brassy-gold, the back with deeper brassy-olive. There are only minor blemishes on the front, the back with scattered carbon deposits and a shallow crease over the lower left. Mica: Fully intact and clear at most viewing angles, we note only light hairlining throughout and minimal crazing in isolated border areas. Stamp: Off center to the bottom, although the denomination is still legible. Light waviness to the texture with the color faded to blue-gray. Reed (1995) calls this elusive encasement Rarity-8+, indicating that fewer than 10 specimens are believed extant.
