Strange Stamp

[CrossedCannons]

Well it has something. Looks more like a T to me. Maybe the P and the punch got smooshed together. What do you think?

Attachment 50570

Looks like a "P" to me, but your "P" has serifs. Did Underwood use serifs? I don't know, but all my Underwood examples wear non-serif P's. I think that sometimes fonts changed during production (size for sure but I don't know about type). Hopefully somebody who really knows their Underwood proofs will add