Morocco Agencies Spanish Currency #61 (SG#147) 1924-1934 King George V Heads, Watermarked Block Cypher, Overprinted and Surcharged, a VFNH Corner Sheet Margin Pair

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A very well centered and fresh NH lower left corner sheet margin pair of the 25 centavos on 2.5d blue from the 1924-1934 Block Cypher King George V Issue of Great Britain, which has been overprinted and surcharged in Spanish Currency for use in Morocco. 

This issue in Great Britain is listed with many, many shades in Gibbons, due in large part to the interruptions in supplies of ink that occurred during WW1, as most of the dyes were originally sourced from Germany, and substitutions had to be made during the war. The result was an issue that is one of the best for the lover of shades. Of course, all the GB offices that used the basic issue with surcharges and overprints will exist with the same range of shades as the basic stamps, and for some of these there should very likely be a premium, as some of the shades are scarcer than others. Even after the war, and into the Block Cypher issue the shades persist. 

Gibbons lists this pair as singles at 11 pounds (approx. $22) for mint OG. NH should be worth at least double this amount, so $22. The pair 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