Lagos #41 10/- Dull Green and Dull Brown Queen Victoria 1887-1902 Bicoloured Keyplate Issue, A VF OG Mint Example of a Pre-1890 Printing
A very well centered mint OG example of the 10/- dull green and dull brown Queen Victoria stamp from the 1887-1902 Bicoloured Keyplate Issue. According to Ince, this value was sent to the colony in several printings, totaling 24,720 stamps. Of these, 13,620 were unsold as of the time the Edward VII stamps were issued. Accordingly the remainders were all sent to London for destruction in 1905, leaving only 11,100 issued stamps from all printings, which makes this value scarcer than most high value stamps of this vintage from the larger industrialized countries, such as a $3 Jubilee from Canada or a $5 Columbian. Based on the shades of green and brown used, and the colour of the gum, this is most likely one of the earlier printings, if not the first, made in 1887.
Gibbons values a fine mint OG example at 110 pounds (approximately $220). This is a vastly undercatalogued stamp, based on the numbers printed. The stamp offered here grades 84 as follows:
Paper freshness: 5/5
Absence of visible paper flaws: 5/5