CHECKS - There is no need to check perforations and watermarks. All of the Franklin Head Wide Frame stamps are perf 11 and unwatermarked. The orange-red and black US523 Franklin is thought by many experts to be merely a color variation of the $2 carmine and black US547.
|$2.00||Orange-Red and Black||523|
|$2.00||Carmine and Black||547|
|$5.00||Deep Green and Black||524|