Scott 134 On Cover Or Not?

Most of the envelope has been torn away, so would this Scott 134 count as on cover? Also, given the deplorable condition of the stamp, can anyone give me an idea of how much of a % I should reduce the $210 (or $240 on cover) value by? Thanks!

It's stained, creased, and missing a corner. It's value is about 1% of catalog, assuming you actually found someone who wanted it.

And FYI, it is classified as "on piece", not "on cover".

What you have is large piece so it would not qualify for the on cover price. More importantly it appears to show the secret mark used by both Continental and American Bank Note companies. If I am correct it is not a Scott 134, but a Scott 156 or 182. Additionally I do not see any evidence of a grill. Please describe where you see the grill.

If your scan is accurate the color is very similar to the color of a Scott 182.

Revcollector, note that I said it was in deplorable condition; however, it's not creased. The line you're seeing is where I had slipped it under the short plastic insert of a stock sheet to give it a black background. :) And thank you for the clarification as to what to call this "on-piece" specimen. Now I guess I need to read up about the grill and what they mean in the scott catalogue about the "pyramid". (My first question is WHAT pyramid?) Hopefully, it will become clear as I continue to read. All of the fine lines in the stamp design are vertical except the bottom right corner, where they seem to take a 90 degree turn to the left back into the sctoll.

wtcrowe, I do see the crescent in the 1st pearl to the left of the 1, so I agree that it's not a 134. As I indicated in my reply to Revcollector, I'm not terribly sure how to identify the grill, so if you have any quick help in that regard, I'd really appreciate it. Thanks! Dot

Dot,
Grills are pressed into the stamp (to prevent reuse by allowing cancel ink to migrate into stamp). You can learn more at this link
http://www.stampsmarter.com/learnin...8Grills.html or by searching on 'grill' on this forum.
Don

If you are into reading as I am, you might want to look at the 2nd volume of the series by Lester Brookman - The United States Postage Stamps of the 19th Century. It is available as a free download from the US Philatelic Classics Society. Here is a link to their downloadable books - http://www.uspcs.org/resource-cente...nic-library/ - you may find some of their other books useful as well. The second volume has almost 60 pages devoted to various aspects of the US grills.

51studebaker and wtcrowe: Thank both of you for your assistance. I got tied up with other matters and this is the first time I've had the chance to get back to you. I've got some reading to do!
Dot