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Buck- If the portrait isn't lining up, then would you think the perforations all the away around be off way more?
No. As suggested earlier, throw it in a cup of water. You will see two stamps separate when the gum dissolves. I know, you are worried about disturbing the gum on what may be a rare two sided stamp...but it is not two sided, it is two stamps stuck together. Trust the group on this one.
I had a stamp hinged into one of my albums for nearly 40 years. One day it looked kind of funny to me...turned out to be two stamps stuck together, and looked like only one. You really couldn't tell. They weren't even the same kind of stamp, just the same size & perforation.