U.S. #584 – *PSE GRADED* XF-Superb Mint, NH, OG SMQ-$475.00

U.S. #584 – *PSE GRADED* XF-Superb Mint, NH, OG SMQ-$475.00

$400.00 $385.00

U.S. #584
Series of 1923-26 3¢ Abraham Lincoln
Issue Date:  August 1, 1925
First City: Washington, D.C.
Quantity Issued:  270,681,000
Printed by: Bureau of Engraving and Printing
Printing Method: Rotary Press
Perforation: 10
Color: Violet
The 3¢ Lincoln stamp was the last of the rotary press stamps to be issued in the lower denominations (below 6¢).  It was first issued precanceled and was not available without precanceling for about a year.

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Rotary Presses Lead to Faster, Cheaper, EQUAL QUALITY Production
Before 1923, the rotary press had been utilized in the creation of coil stamps.  Before long, it was obvious that the rotary press was the quickest and most affordable methods for printing stamps.  The rotary press could print 1000 stamps at an expense of only .053 cents, contrasted with the conventional flat bed press expense of .08 cents.  This contrast of .027 cents is noteworthy when one considers the verifiable truth that the Bureau printed millions of stamps daily.
Daily rates of production skyrocketed from 1,600,000 stamps on the flat bed press to 6,000,000 every day on the rotary press.  Despite the expanded production rates and lower costs, the Post Office Department was still unconvinced.  They, at long last, chose a small number of stamps to be printed on an experimental basis.  Initially, just the 1¢ Franklin was produced and utilized as a trial item for six months.
The results were favorable, demonstrating that quality was not relinquished for higher production rates.  Soon thereafter, the 2¢ Washington was produced on rotary presses, as well. Eventually, new equipment was created to improve the procedure, which brought about the 1¢ through 10¢ being produced on the rotary press.

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