£1,200
1912-24 2½d Indigo-blue (the 1920 toned paper) Wmk Cypher, Spec N21(15), never hinged mint with two Royal Philatelic Soc. certificates, one a copy for the original block 4, another original certificate for this stamp states ‘Stamp is rather toned’ which appears a little harsh to us (evidenced by the fact it wasn't mentioned on the previous certificate), the gum a little creamy. Cat £7000. Lot 1537 [a]
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