Lagos #21 1/2d Deep Green Queen Victoria 1887-1902 Bicoloured Keyplate Issue, A VFNH Plate 1 Block Showing the Unlisted "Deformed "NN" in "Penny" on Position 1

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An immaculate VFNH (LH in selvage) upper left plate block from the left pane of plate 1 of the 1/2d deep green Queen Victoria stamp from an 1890's printing of the 1887-1902 Bicoloured Keyplate Issue, showing the unlisted "Deformed NN" of "Penny" on Position 1.  This plate flaw is quite distinct and shows the tops of the N's in "Penny" sloping up and then down, rather than being flat. The degree of wear in the Queen's hair and diadem of the crown indicates that this comes from a printing made sometime in the late 1880's or the early 1890's.  The Gibbons value for this block is meaningless. A realistic value would be $75 for the plate flaw, with 200% premium for NH and being in the block, so $300 or so.  The halfpenny and penny values of this issue were printed in 41 and 43 different batches, but 95% of the total printed come from the very last printing made in 1901, and those are generally what you see on the market when you come across either stamp. Any of the earlier printings are scarcer and are worth more than the basic Gibbons price. The block offered here grades 84 as follows:

Centering/margins: 54/70

Paper freshness: 5/5

Colour: 5/5

Impression: 5/5

Absence of visible paper flaws: 5/5

Perforations: 10/10

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