Lagos SG#8a 1/- Pale Dull Orange, Queen Victoria, 1874-1876 Perf. 12.5 Crown CC Watermarked Issue, 2nd Printing, A Very Fine CDS Used Example With "Shilling" 16.5 mm Long
A very well centered and very fine used example of the 1/- pale dull orange 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 15,600 stamps issued across 4 different printings between November 18, 1874 and May 13, 1875. This example is from the second printing from December 14, 1874, of which 3,120 stamps were printed. Vertical wove paper showing no clear mesh and watermarked crown CC. This printing has "Shilling" 16.5 mm long and a distinct crossbar to the "G" of "Shilling". Cancelled with a clear strike of Proud D6 Lagos CDS dated January 11, 1876, and with timecode A.
Stanley Gibbons values a VF-75 used example at 70 pounds = $140.
I have written a blog post which explains the differences between the printings, which you can access here.
The stamp offered here grades VF-78 as follows:
Paper freshness: 5/5
Absence of visible paper flaws: 5/5