Hi James, Thank you for contacting Mearto with your appraisal inquiry. Based on the photos and information provided, and subject to examination, this is: A 1906-08 2¢ Washington red carmine stamp 1902 series cancelled, asymmetrical margins 14 perforations up the side, 11 perforations along the top/bottom Using the Gilbert Stuart Atheneum (1796) portrait as the model 1 by 7/8 inches CONDITION: minor perforation losses, cancelled, ungraded $2-5* *represents a fair-market value for auction purposes; retail or asking price may vary. Please let us know if you have additional items to appraise, and thank you again for using Mearto.