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Auction: 15027 - Stamps and Covers of South East Asia Sale during the International Exhibition
Lot: 2138

Straits Settlements
1899 (Mar.) "four cents" on 5c. carmine, variety surcharge omitted, clipped perfs at foot otherwise fresh and fine with much original gum. A very fine example of this, one of the key stamps of the Straits Settlements. S.G. 109a, £40,000. Photo

Note: We record nine examples of this variety, one of which is in the Royal Collection

provenance:
William Frazer, June 2003

Estimate
SG$60,000 to SG$70,000