$5
Dark green
Printing Method: Engraved
Subject: John Marshall
Number issued: 26,965
Perforations: P12
Watermark: Double Line USPS
Scott #: 278
Issued: August 16th, 1895
Used
$130 - $200
No postmark with gum (MH)
$275 - $500
Full perfect gum, no postmark
no trace of stamp hinge mark (MNH)
$5,250 - $5,750
#278 was issued with the following plate #
200 subject plates
85
#278a
Imperforate
Used
No sales recorded
No postmark with gum (MH)
$900 - $1,000
Full perfect gum, no postmark
no trace of stamp hinge mark (MNH)
No sales recorded
As this was the Bureau of Printing and Engraving contract a small triangle was cut into the design at top left and top right in order to distinguish this printing from the earlier 1890 series
Unlike the 1894 $5 Marshalls this stamp is watermarked. The double line USPS watermark on the stamp is shown above
The source for the design was based on Gilbert Stuart's portrait of James Madison.