Lagos SG#8a 1/- Brownish Orange, Queen Victoria, 1874-1876 Perf. 12.5 Crown CC Watermarked Issue, 4th Printing, A Fine Used Example With "Shilling" 16.5 mm Long
A fine used example of the 1/- brownish 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 fourth printing from May 13, 1875, of which 3,360 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 moderate strike of Proud K1 Lagos grid killer cancel.
Stanley Gibbons values a VF-75 used example at 70 pounds = $140. Fine should be worth approximately half this amount, or $70.
I have written a blog post which explains the differences between the printings, which you can access here.
The stamp offered here grades F-66 as follows:
Paper freshness: 5/5
Absence of visible paper flaws: 5/5