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now the question becomes is it worth the time to restore this stamp or let it be?
You are going to get different opinions on that. Given that it's a $1 stamp with what appears to be a scratch/crease/tear at the top, it hardly seems to be worth the time and effort.
Personally, I think having the 2 stamps in mounts side-by-side would make a great album page showing the results of sulfur contamination from the air.
If you do decide to chemical alter it, as I've said before many times elsewhere, make sure you document what you have done so there will be no misunderstandings later on down the line. My opinion.
Thanks for posting the pics!