Public Auction 323 Thursday, May 12, 2016

2677 1914-18 Ship cancel double oval "Posted on Board JUN 25" & "RMS Falkland" h/s -both part strikes in violet on KGV ½d green. Heijtz SC 2+3 cat £350. (P) $250 $400

2678 1929 tiny Registered cover (sl tones), franked KGV 3/- slate-green, assume wmk script, tied by "Falkland Islands 19 MY 29" cds, with reg label. To England, with b/s of Plymouth & Bromsgrove. SG 80 cat £160 as loose stamp & unpriced on cover. (P) $300 $500

FALKLAND ISLANDS DEPENDENCIES

2679 1954-62 QEII Pictorial set ½d-£1. VF fresh MUH. SG 26-40 cat £225. (15). (P) $150 $200

2680 South Georgia: 1904-12 KEVII 1d vermilion blk of 4, tied to piece by "South Georgia NO 30 10" cds. FU. SG Z15 cat £92 as singles. (P) $60 $100

2681 South Georgia: 1904-12 KEVII 2d reddish-purple, tied to piece by full "South Georgia AP 21 12" cds. VFU. SG Z16a cat £325, plus premium for on piece. Rare shade, especially with this pmk. (P) $300 $500

2682 South Georgia: 1904-12 KEVII 2½d deep blue with part "South Georgia JU 18 12" cds. FU. SG Z17b cat £200. Scarce shade with this pmk. Holcombe photo-cert. (P) $150 $250

2683 South Georgia: 1912-23 KGV 2d maroon blk of 4, wmk mult crown, tied to piece by "South Georgia JY 17 21" cds, with "New Island" reg label below. F-VFU. SG Z24 cat £260 as 4 singles, the reg label Heijtz cat £500 on philatelic cover. (P) $200 $400

2684 South Georgia: 1912-23 KGV 2½d deep blue with part "South Georgia AU 7…" cds. VFU. SG Z25c cat £45. (P) $35 $50

2685 South Georgia: 1918-20 War Stamp opt ½d & 1d blks of 4 with central "South Georgia AU 30 20" cds. VFU, one 1d sm tear. SG Z32-3 cat £256++ as singles, plus premium for blks. (2 blks). (P) $200 $400

2686 South Georgia: 1921-28 KGV ½d green & 1d dull vermilion both wmk script blks of 4, ½d "South Georgia 20 MR 29" cds, 1d "South Georgia OC 29 28" cds. F-VFU, some perfs reinforced. SG Z35 & 36 cat £62 as singles. (2 blks). $50 $100

2687 South Georgia: 1921-28 KGV 1d dull vermilion (2) tied to piece by "South Georgia JA 8 26" cds, plus unusual small square h/s. VFU. SG Z36 cat £14+ as singles, plus the square h/s. $20 $40

2688 South Georgia: 1933 Centenary ½d-4d ea with part "South Georgia" cds, 4d full cds. VFU. SG Z54-9 cat £205. (6). (P) $150 $250

2689 South Georgia: 1933 Centenary 2d blk of 6, 3d vertical pr & 6d horiz pr, all with "South Georgia" cds. VFU. SG Z57, 58 & 60 cat £544. (10). (P) $200 $400

2690 South Georgia: 1935 KGV Jubilee 2½d, 4d & 1/- with part "South Georgia" cds. F-VFU. SG Z67-9 cat £28. (3). $20 $30

2691 South Georgia: 1935 KGV Jubilee 4d & 1/- tied to piece by "South Georgia 18 NO 35" cds. VFU. SG Z68-9 cat £20++ $20 $30

2692 South Georgia: 1938-50 KGVI 2/6 Penguins tied to piece by "Falkland Islands Dependency South Georgia 25 NO 53" cds. VFU. SG Z85 cat £55++ (P) $50 $80

2693 South Georgia: 1911 German South Pole Expedition PPC of expedition ship "Deutschland", franked Falklands KEVII 1d tied by weak South Georgia cds, plus special red ship stamp tied by 4-line "Polarschiff Deutschland Sud Georgien Grytviken 10 Dezember 1911" cancel. VF. Rare & attractive. (P) $1500 $2500

FIJI

2694 1870-71 Fiji Times Express 1d black on rose, vertically ribbed paper, rouletted on 3 sides. VFM, sl diag crease, nice original gum. SG 5 cat £1100. Rare genuine. (P) $500 $700

2695 1874 VR opt "Six Cents" on 3d green, opt type 5. Superb U, black cross m/s cancel, unusually w/c. SG 17 cat £700. (P) $350 $500

2696 1876-77 VR opt 1d grey-blue, error design DOUBLE printed. VF MLH. SG 28b cat £550. Very rare. (P) $375 $500

2697 1876-77 Crown CR with VR underprint 1d deep blue imperf PROOF on horiz laid paper, error printed DOUBLE. Superb fresh M. SG 31a(p), double print unlisted on laid paper. (P) $80 $150

2698 1876-77 Crown CR with VR underprint 1d deep blue imperf PROOF on horiz laid paper, variety "VR" shifted left, & with part "VR" at right inverted. Superb fresh M. SG 31a(p), VR inverted unlisted. Very rare. (P) $100 $200

2699 1876-77 VR underprint 1d blue on laid paper, variety "void corner". U, sl flts, nice appearance. SG 31b cat £350. (P) $100 $200

2700 1876-77 Crown CR with VR underprint 1d deep blue on laid paper, variety "void corner". FU. SG 31b cat £350. (P) $250 $350

2701 1878-99 Surch crown VR 4d/1d, opt type A, rough perf 10. F-VF fresh M. SG 41 cat £75. (P) $50 $70

2702 1891-1902 VF crown 2½d yellow-brown perf 11x11¾, error design printed DOUBLE. Superb U/CTO. SG 103a(var) cat £180+ -see footnote. Undercatalogued as only 1 sheet believed printed (P) $180 $250

2703 1892-93 crown VR ½d on 1d dull blue. FU. SG 72 cat £80. (P) $45 $70

2704 1892-93 crown VR 5d/6d deep rose, 3mm spacing. Superb U. SG 75a cat £85+. Unusually nice. (P) $70 $100

2705 1903 KEVII set ½d-£1, wmk crown CA. VF fresh MLH. SG 104-14 cat £450. (11). (P) $375 $500

2706 1903 KEVII ½d to 5/- wmk crown CA. VF fresh M. SG 104-13 cat £138. (10). (P) $100 $130

2707 1903 KEVII set ½d-£1, wmk crown CA, opt SPECIMEN. VF fresh MUH. SG 104-14s cat £325 for M, should be at least £650 MUH. (11). (P) $650 $900

2708 1903 KEVII set ½d-£1, wmk crown CA, opt SPECIMEN. VF fresh M. SG 104-14s cat £325. (11). (P) $275 $375

2709 1903 KEVII set ½d-£1, wmk crown CA, opt SPECIMEN. VF fresh M. SG 104-14s cat £325. (11). (P) $275 $375

2710 1903 KEVII £1 grey & blue, wmk crown CA. VF fresh MLH. SG 114 cat £375. (P) $300 $400

2711 1906-12 KEVII £1 purple & black on red, wmk mult crown. Stamp VF fresh MUH, top marginal. SG 124 cat £300 for M, should be at least double, £600 MUH. (P) $550 $750

2712 1912-23 KGV set ¼d-£1, wmk mult crown. VF M/MLH. SG 125-37 cat £300. (13) (P) $220 $300

2713 1912-23 KGV £1 purple & black on red, die I. Superb fresh MUH. SG 137 cat £275 for M, should be at least £550 MUH (P) $450 $650

2714 1912-23 KGV £1 purple & black on red die II, wmk crown CA. Superb fresh MUH. SG 137a cat £250 for M, should be at least double, £500 MUH. (P) $400 $600

2715 1912-23 KGV £1 purple & black on red, top value, Die II, wmk mult crown. VF fresh M. SG 137a cat £250. (P) $200 $300

2716 1912-23 KGV £1 purple & black on red Die II, wmk mult crown. VF fresh M. SG 137a cat £250. (P) $200 $300

2717 1915-19 "WAR STAMP" opt KGV 1d carmine, error opt INVERTED. Stamp VF MUH, UR cnr marginal. SG 139ac cat £700 for M, should be at least double, £1400 MUH. Only 1 sheet printed & unique positional example. BPA photo-cert. (P) $1000 $1500

2718 1917 Postage Dues in black on laid yellowish paper, SE-TENANT STRIP of 4: 1d + ½d + 4d + 3d, imperf at top as from edge of sheet. VF UN as issued, a couple perfs expertly rejoined, which is not visible at all & of hardly any importance. SG D1a cat £10,000 & much under- catalogued as only several such strips known (SG D1, D2, D4 & D5 cat £4100 as single stamps alone & hardly ever seen as unused singles). Great rarity for the Fiji specialist or Postage due collector, as this is an item that has been missing even in some of the greatest Fiji collections. 2013 Ceremuga photo cert. (4) (P) $8000 $12000

2719 1917 Postage Due 4d+3d black, horiz se-tenant pr, wide setting. VF UN, as issued. SG D1a(var), the horiz strip of 4 with all vals cat £10,000 while the 3d & 4d SG D4 & D5 cat £2150++ as singles alone. Only 1116 & 372 printed & most used. Great rarity as a se-tenant pr. Certificates for any of the Postage Dues can be obtained on request. (P) $2500 $3500

2720 1917 Postage Due 2d, wide setting. VFU. SG D3 cat £80 (P) $60 $80

2721 1917 Postage Due 2d black, wide setting. Superb fresh UN, as issued. SG D3 cat £325. Only 2604 printed & vast majority used. (P) $350 $450

2722 1917 Postage Due 1d narrow setting. VFU. SG D5b cat £140 (P) $110 $150

2723 1917-18 Postage Due wide setting ½d black on laid yellowish paper, rejoined vertical strip of 10 with bottom margin. G-VFU. SG D1 cat £5000++ as singles, plus premium for strip. Even singles are rather rare, whilst this is the largest known multiple & great Exhibition item. (10) (P) $2500 $4000

2724 1918 Postage Due set ½d-4d, opt SPECIMEN. VF fresh M. SG D6-10s cat £160. (5). (P) $140 $180

2725 2001 Westpac Bank Centenary set 48c-$2 IMPERF DIE PROOFS printed on plastic(!) & affixed in Enschede Printers proof folder. VF. SG 1131-4(p). (P) $200 $400

2726 2006-10 "Emergency" surch 1c/6c Bird with large XX in opt sheet of 100 with error opt "2c" XX instead of "1c" (pos 6/7). VF fresh MUH. SG 1316c cat £170 as single, scarce in comp sheet. (100). (P) $120 $160

2727 2006-10 "Emergency" surch 1c/6c Bird with small xx in opt sheet of 100 with error opt "large XX" (pos 1/6). VF fresh MUH. Very scarce as a comp sheet. SG 1317a cat £350 as single variety. (100). $250 $400

2728 2006-10 "Emergency" surch 1c/23c Bird sheet of 100 with opt error "2c" XX instead of "1c" (pos 6/7). Also opt shifted to left exposing "c" of "23c" through vert column 1 & "missing UR bar on first X" on stamps 68 & 98. Hint of a reverse tropical spotting. VF MUH. SG 1346(var), 1346a cat £210 as a single opt error. (P) $120 $200

2729 2006-10 "Emergency" surch 2c/23c Bird scarce 2009 printing comp sheet of 100 with all imprints & plate nos. Very difficult to find as it was a small print run & most were sold as postage or broken down into plate/imprint blks. VF MUH. SG 1350 cat £1000, Sc $2000 as single stamps. $300 $400

2730 2006-10 "Emergency" surch 2c/23c Bird, opt error "wrong blank" (XX instead of xxx), right marginal blk of 4. Possibly a trial opt, scarce with only one sheet discovered. VF fresh MUH. (P) $275 $400

2731 2006-10 "Emergency" surch 2c/31c Bird blk of 4 with double opt, upper opt inverted & lower opt misplaced 2mm up. UR stamp tiny tropical spot, o/w VF fresh MUH. (P) $130 $180

2732 2006-10 "Emergency" surch 3c/23c Bird comp sheet of 100 with variety "3 omitted" (pos 2/7). When this error was sighted soon after issue, postal staff frantically CUT OUT the offending stamp. It is believed only TEN sheets were sold with this error. VF fresh MUH. Unlisted SG, Scott 1218 cat US$4350. (100). (P) $750 $1000

2733 2006-10 "Emergency" surch 4c/6c Bird, opt inverted. VF fresh MUH. (P) $60 $100

2734 2006-10 "Emergency" surch 4c/6c Bird, opt inverted, marginal imprint blk of 4. TR stamp light tropical spot, o/w VF fresh MUH. (P) $200 $300

2735 2006-10 "Emergency" surch 4c/6c Bird right marginal gutter plate no blk of 4, 3 with inverted opt, UR cnr missing extra opt & all 4 with surch in normal position. Extremely rare, with only 2 blks existing with this spectacular error. VF fresh MUH. (P) $600 $1000

2736 2006-10 "Emergency" surch 18c/6c Bird original 2006 printing in comp sheet of 100 with all imprints & plate nos. Very difficult to find as the vast majority were sold as postage or broken down into imprint & plate blks. Stamps VF MUH, mnr selvedge tropicalisation. SG 1328, Sc 1157 cat $650 as single stamps. $250 $350

2737 2006-10 "Emergency" surch 18c on 6c Bird part sheet of 60 entire lower pane (50) with graphic opt shift 15mm up, close to obliterating "FIJI". VF MUH. Scarce spectacular opt error. Vendor retail US$750+. (60). (P) $150 $250

2738 2006-10 "Emergency" surch 20c/23c Bird, comp sheet of 100 with opt MISPLACED & skewed upwards at left, plus opt setting error "No gap flaw" between C & X (pos 7/10). VF fresh MUH. (P) $100 $150

2739 2006-10 "Emergency" surch 20c/23c Bird UL plate number blk of 6, error opt misplaced 6mm down & off-centre, resulting in upper 2 stamps missing "20c xxx" opt. VF fresh MUH. Spectacular blk (2 prs with & w/o surch). (P) $120 $200

2740 2006-10 "Emergency" surch 20c/31c Bird comp sheet of 100, variety opt missing "Oc xx" on all 10 stamps in the 6th vert column, plus uneven opt inking on the rest of sheet. Also opt setting errors with "no gap" flaw between "c & first x" (pos 7/10). VF MUH. Very rare & possibly unique sheet. $250 $400

2741 2006-10 "Emergency" surch 20c/31c Bird upper marginal blk of 4, error opt misplaced 7mm down, resulting in upper 2 stamps missing opt (2 prs with & w/o surch). VF fresh MUH. Rare (P) $120 $200

2742 2006-10 "Emergency" surch 20c/31c Bird, error "opt shifted 10mm up", left marginal horiz pr. VF fresh MUH. (P) $100 $150

2743 2006-10 "Emergency" surch 20c/31c Bird comp sheet, opt shifted 28mm up into top selvedge & centre gutter leaving rows 5 &10 missing surch (20 stamps). VF MUH. Extremely rare (& [probably unique), the only sheet discovered. Superb Exhibition piece. (P) $800 $1200

2744 2006-10 "Emergency" surcharge 20c/30c Bird comp sheet of 100, upper pane opt normal & shifted Sl upwards, lower pane completely missing surcharge on all 50 stamps. VF MUH. Extremely rare (unique?) with this the only sheet discovered. Superb Exhibition piece. See website for comp sheet. (100). (P) $600 $1000

2745 2006-10 "Emergency" surch 20c/31c Bird blk of 4, opt double, upper opt inverted, lower misplaced 4mm up. VF fresh MUH. (P) $150 $250

2746 2006-10 "Emergency" surch 20c/31c Bird blk of 4, opt double with upper inverted & lower opt misplaced 20mm up. VF fresh MUH. (P) $130 $180

2747 2006-10 "Emergency" surch 40c/31c Bird left marginal plate no blk of 6, upper stamps variety "double opt", middle row "partial double opt", lower pr single (normal) opt. VF fresh MUH. Rare, only 5 blks of 6 recorded & some may have been reduced. (P) $200 $350

2748 2006-10 "Emergency" surch 40c/31c Bird gutter blk of 4, error "opt shifted 22mm down" resulting in lower pr missing surcharge which appears in the gutter. Very scarce with less than 10 gutter blks surviving. VF fresh MUH. (P) $100 $200

2749 2006-10 "Emergency" surch 40c/31c Bird, error double opt. Left marginal blk of 4. VF fresh MUH. (P) $150 $250

2750 2006-10 "Emergency" surch 50c/31c double row of 10 (pos 31-50) with full gutter selvedge below & both plate nos. Spectacular printing error "Extra numeral 5" between stamps 36 & 37. VF fresh MUH. Less than 10 of these errors have survived as PO removed the error pr before issue to the public. A rare printer's mistake. (P) $400 $600

2751 1939 First Flight Airmail cover franked KGVI Pics ½d & 1½d tied by "Suva 20 OC 39" cds, to Tonga with arrival b/s. AAMC F21. Rarity as only 25 flown! (P) $250 $400

2752 Share Certificate: 1935 Fiji Prospecting Company & 1936 Viti Levu Gold, both single £5 shares. Both approx 230x200mm. VF. Attractive & scarce. (2) $60 $100

FINLAND

2753 1860-71 Arms 10k & 40p rose on pale rose, 10 of ea in se-tenant sheetlet of IMPERF proofs of 1893 official reprints. Superb fresh UN, as made. SG 13R & 41R, originals would cat £17,000, Fa 4R & 9R originals would cat Kr100,000. Extremely rare as such se-tenant imperf proof sheetlets! (P) $800 $1200

2754 1866 Arms serpentine roulette 5p purple-brown on grey, teeth 1¼mm, vert laid paper. F-VF fresh M, part gum. SG 17 cat £450, Fa 5c cat Kr3000, Mi 5A cat €650. (P) $80 $120

2755 1866-71 Arms 5p brown on pale lilac blue, sheetlet of 10 IMPERF proofs of the 1893 Official reprints. Superb fresh UN as made. SG 17R, originals cat £4500+, Fa 5R, originals cat Kr30,000. Extremely rare as imperf proof sheetlet! (P) $300 $500

2756 1866 Arms serpentine roulette 5p deep brown on pale lilac, teeth 1¾mm, vert laid paper. VF fresh M. SG 18 cat £550, Fa 5c cat Kr3500, Mi 5B cat €500. (P) $80 $120

2757 1866 Arms serpentine roulette 5p purple-brown on grey, teeth 2½mm, vert laid paper. F-VF fresh MLH. SG 19 cat £450, Fa 5 cat Kr3000, Mi 5c cat €500. (P) $80 $120

2758 1866-67 Arms serpentine roulette 1Mk brown, roulette B -teeth 1¾mm. F-VF fresh UN, only 1 short tooth. SG 48 cat £2500, Fa 10c cat Kr 25,000, Mi 10B cat €4500 & all undercatalogued as very rare mint. Ex Faberge -pos 14 in his reconstruction (colour photo copy provided). 2015 Ceremuga photo-cert. (P) $1000 $1500

2759 1866-67 Arms serpentine roulette 1Mk deep brown, roulette C -teeth 2¼mm. Superb fresh M, partial gum, all teeth amazingly intact. SG 49 cat £1800++, Facit 10c cat SFr 20,000+, Mi 10c cat €3000+ & all undercatalogued as very rare mint. Ex Faberge position 46 in his reconstruction (colour photo copy provided). Rarity in such nice condition. 2015 Ceremuga photo-cert. (P) $2500 $3500

2760 1866-67 Arms serpentine roulette 1Mk brown, teeth 2¼mm. Superb fresh MLH, nice original gum, 1 tooth split & reattached (but it is original), all others intact. SG 49 cat £1800+. Facit 10c cat SFr 20,000, Mi 10c cat €3000 & all undercatalogued as very rare mint. Ex Faberge -pos 10 in his reconstruction (colour photocopy provided). 2015 Ceremuga photo-cert. (P) $1200 $2000

2761 1857 Cover (sl toning & repaired flap), franked 5k blue, small pearls, tied by boxed "Borga 7 MAI 1857" pmk & with boxed "ANK 9 5" b/s. Stamp is 2 shades, ½ blue & ½ dark blue due to partial weak print. SG 1, Fa 1Ic cat Kr90,000 = A$13,500. Attractive & rare classic no.1 cover. 2006 Tuori AIEP photo cert. (P) $1800 $2800

2762 1857 Cover front franked 10k red-carmine tied by "Helsingfors 1 7 1857" cds, margin just touches at right. SG 2, Fa 2e cat Kr25,000 on cover. 2006 Tuori AIEP photo cert. (P) $400 $700

2763 1858? Folded letter wrapper franked on reverse oval Arms 5k, small pearls, wove paper -4 huge margins (expertly repaired on 1 side), tied by "Helsingfors" cds & with m/s cross. To Coblenz Germany, with boxed red "Aus Russland France" cachet, b/s 3-line "Konigsberg 30/I Bromberg". SG 1 cat £2500+, Fa 1 cat Kr16,000+ -both as loose stamp, cat Kr70,000 on cover. Attractive. (P) $800 $1500

2764 1858 Cover (2 folds) franked 10k carmine-red cut to shape, tied by "Helsingfors 12 10 18 8" cds & with pen cancel, plus boxed "ANK 16 10". SG 2, Fa 2g. 2006 Tuori AIEP photo cert. (P) $400 $700

FRANCE

2765 1849-52 Ceres 40c orange. VFU, 4 margins, diamond grid pmk. SG 14 cat £550, Maury 5/5a cat €600. Nice genuine example. (P) $200 $300

2766 1849-52 Ceres 40c red-orange. VFU appearance, small thin, 4 margins, diamond grid pmk. SG 15 cat £600, Maury 5/5e cat €700. (P) $100 $150

2767 1849-52 Ceres 40c red-orange. VFU, 4 margins, diamond grid pmk. SG 15 cat £600, Maury 5/5b cat €700. Nice genuine example. (P) $200 $300

2768 1849-52 Ceres 20c black, horiz TETE-BECHE pr. F-VFU, 3 margins, star dotted pmk. SG 23 cat £8500, Yv 3e cat €8500, Maury 3atb cat €12,000. Rare genuine example of this important classic item. RPSL photo-cert. (P) $1500 $2500

2769 1849-50 Ceres 10c bistre, imperf, 1862 official reprint, available for postage. Superb fresh UN, 4 margins. SG 29 cat £650, Yv 1f cat €650, Maury 1e cat €700. (P) $180 $250

2770 1849-50 Ceres 25c blue imperf, 1862 official reprint, available for postage. VF fresh M, 4 margins. SG 32 cat £600, Yv 4d cat €600, Maury 4f cat €600. (P) $220 $300

2771 1852 Napoleon 10c dull bistre imperf, 1862 official reprint, available for postage. Superb fresh M, 4 margins. SG 40 cat £800 (original printing cat £48,000). Yv 9c cat €750, Maury 9f cat €850. (P) $300 $450

2772 1853-61 Napoleon 1Fr carmine, imperf. Superb U appearance, 4 large margins, tiny repaired tear in LR margin (mentioned on cert but not visible to us!), "DS2" cancel. SG 72 cat £3500. Maury 18 cat €4000. Rare so nice looking. 2014 Scheller photo cert. (P) $700 $1000

2773 1863-70 Napoleon 2c red-brown, perf, opt SPECIMEN. VFM. SG 105(s) cat £120 as normal. Maury 8s cat €275. (P) $50 $100

2774 1869 Napoleon 5Fr black reprinted die PROOF on card (85x65mm). VF fresh UN as made. SG 131(p), Maury cat €1350 (P) $200 $400

2775 1869 Napoleon 5Fr bluish-grey/greyish. Superb fresh M, nice original gum, excellent centring & beautiful colour. SG 132 cat £7500+, Yv 33a cat €8750, Maury 33a cat €8000+. The key top value of classic France & desirable in such nice condition. Exp Alberto Diena, plus Dr Giulio Bolaffi AIEP photo-cert. (P) $3000 $4500

2776 1870-71 Ceres Bordeaux 2c brick red. VFU, 4 margins. SG 151 cat £850, Yv 40Ba cat €900, Maury 40IId cat €1000. Very nice example of this rare shade. 2010 Scheller photo cert. (P) $400 $600

2777 1870-71 Ceres Bordeaux 20c blue, type I, imperf. Superb fresh MLH, tiny expertly repaired tear in margin only, 4 original margins. SG 164 cat £24,000, Maury 44I cat €33,000, Yv 44B cat €25,000. Major classic rarity. 2014 Scheller photo-cert. (P) $3800 $5000

2778 1871 blue "10" surch on Napoleon Laureated 10c bistre, perf 14x13½, unissued. VF fresh M. SG 133 cat £2500, Maury 34 cat €2400. Rare genuine example in unusually nice condition. 2014 Scheller photo cert (P) $1200 $1800

2779 1876-85 Peace & Commerce 25c ultramarine, type I. Superb M, disturbed gum, perfect centring. SG 220 cat £12,000, Maury 68 cat €10,000, Yv 68 cat €10,000. Unusually nice example of this rarity. 2011 Scheller photo- cert (P) $3200 $4500