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Stamps (Philately)/2 cent washington stamp

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Question
2 cents washington
2 cents washington  
Would this be considered an error and if so possible value.

Answer
B,

No, the extra holes are perforated initials, or "perfins".  Perfins were typically the initials of a business and sometimes took the form of a stylized logo.  Before Pitney-Bowes machines, businesses purchased stamps from the post office just like everyone else.  To curtail company employees from pilfering stamps for their personal use, businesses added perfins to establish that the postage was company property.

There is a small subset of philately that collects perfins, but mainstream stamp collectors equate perfins with damage, thus greatly reducing the stamp's collectible value.

The stamp pictured, Scott number 634, is valued at 25 cents in used condition (but without perfins).

-Mark Leon

I deal in United States Stamps
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Stamps (Philately)

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Mark Leon

Expertise

I am a collector of United States postage stamps, and also a stamp dealer. I`m a member of the American Philatelic Society (APS). My principle area of interest and expertise is in United States Stamps.

Experience

I've been selling stamps on the internet since early 1996. I maintain a stamp web page that concentrates on mint US stamps issued generally between 1890 and 2009. I'm an active seller on ebay.com since 1996, under the user id "mleon". You can find my web page at http://www.forwardedge.com/usmints.html

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I have a Bachelor of Science degree in computer science from the University of Nevada at Las Vegas, 1984.

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