Free franked portion of an envelope panel, neatly franked “Free, James Buchanan,” in black ink. Nicely double matted and framed with an original National Democratic Ticket for Buchanan and Breckinridge and a portrait of Buchanan, to an overall size of 17.5 x 13.75. In fine condition, with some scattered light spotting, not detracting from quality of signature. COA John Reznikoff/PSA/DNA and R&R COA.