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Auction: 12014 - The Chartwell Collection - GB King George V including Seahorses
Lot: 934

The "Seahorse" Issues Original Master Die Proofs Stage 5 The first circle is still uncompleted; the dark horse´s hoof is now shaded; the bottom frame line at left is missing In chestnut on thick card (98x74mm.), dated "9.12." and marked "38mm x 22", both in pencil, some slight soiling clear of proof, otherwise very fine Estimate £ 20,000-25,000

Sold for
£14,000