7¢ Grayish black, black, intense black
Subject: George Washington
Printing Method: Flat Plate
Perforations: 12
Watermark: Single Line USPS (see below)
Scott #: 407
Issued: May 1st, 1914
Used
$2 - $5
No postmark with gum (MH)
$21 - $25
Full perfect gum, no postmark
no trace of stamp hinge mark (MNH)
$37.50 - $55
#407 was issued with the following plate #'s
Plate # only
6903-04, 16, 19
An imperf example
Unlisted in Scotts
Prior to the issuance of this stamp Franklin's head was used as the vignette subject. Indeed every 1¢ stamp issued in the US up to this point had Ben Franklin grace its design.The 1¢ was changed to George Washington and all values 8¢ and above were changed to Ben Franklin.
The 7¢ value was the lowest of the four values issued to replace the old parcel post stamps.
A pane of 100 of #407, there are four panes to a sheet of 400