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Auction: 9011 - British Empire Stamps & Covers
Lot: 546

North Borneo — First setting, "Two/Cents." on 25c. indigo with sheet margin at top, variety surcharge inverted, unused with large part original gum; tiny tone spot on reverse at foot otherwise fine. R.P.S. Certificate (2003). S.G. 51a, £450. Photo Estimate £ 150-180

Sold for
£75