Hi James,

Thank you for contacting Mearto with your appraisal inquiry.
The green specks of ink indicate that this was from a flat plate printing and therefore is Scott 552, the unwatermarked 1¢ Franklin issued January 17, 1923. It is the most common of all the “penny Franklin” stamps, more than four billion of these were issued.
The very rare (and valuable) version of this stamp have 11 perforations on the top and 11 perforations on the sides; yours has 14 on the side and 12 on the top.

Based on the photos and information provided, and subject to examination, this is:

An American 1923 Scott 652 Benjamin Franklin One-Cent Stamp
cancelled
1 by 7/8 inches
CONDITION: small edge losses, cancelled, ungraded
$1-2*
*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.