From all accounts, these unembossed 127's were all found on the transcontinental R.R. and are quite scarce. This one has a milky thread which wraps around the piece a couple of times, roughly following the threading pattern. It has one impact ding on the lower wire ridge encompassing an area of shallow flaking just larger than a pea, but it's not bad, and the rest near perfect. $55 plus $5 shipping.UPDATE 02/26, $40 postpaid for this historic piece.