Lagos SG#5 4d Rose Carmine & Brown Carmine, Queen Victoria, 1874-1876 Perf. 12.5 Crown CC Watermarked Issue, 5th Printing, A Fine CDS Used Example
A fine CDS used example of the 4d rose carmine and brown carmine Queen Victoria De La Rue Keyplate stamp from the 1874-1876 Perf. 12.5 Crown CC issue. According to J.F Ince in his definitive work, there were a total of 22,320 stamps issued across 7 different printings between May 12, 1874 and May 13, 1875. This example is from the fifth printing from December 14, 1874, of which 3,060 stamps were printed. Vertical wove paper showing no clear mesh and watermarked crown CC. Cancelled with a bold strike of a Proud type D6 Lagos CDS with timecode B, dated May 20, 1875.
Stanley Gibbons values a VF-75 used example of the more common seventh printing example at 50 pounds = $100. The fifth printing is more than twice as scarce, as the seventh printing, and should be worth a premium over this amount. Fine should be worth half Gibbons, so a reasonable value is approximately $65-$75.
I have written a blog post which explains the differences between the printings, which you can access here.
The stamp offered here grades F-65 as follows:
Paper freshness: 5/5
Absence of visible paper flaws: 5/5