Lot 254 Newfoundland #164 2c Red SS Caribou, 1931-1932 Watermarked Publicity Issue, 4 VF Commercial Covers Franked With Re-Engraved 2c SS Caribou Stamps

4 VF commercial covers of the 2c red SS Caribou from the 1931-1932 Watermarked Publicity Issue franked with re-engraved 2c SS Caribou stamps. Two covers have the unwatermarked stamp based on the characteristic lack of design relief. One is a 2c card rate to NY and the other is a 6c rate to Noth Sydney NS. Then there are three covers franked with the watermarked stamp.(again based on the relief of the design.) One is as 4c rate to North Sydney NS and the other is a 2c rate franked with an Ayre Perfin

Our estimated value is $15.

Perforations on all Newfoundland stamps have been very carefully checked using an Instant perforation gauge, which measures accurately to the nearest .05 of a hole. Unitrade does state the number of perforation heads used by Whitehead and Morris to print the issues from the 1911 Royal Family Issue up to the Publicity Issue, but it would appear from a study of the stamps that a considerable amount of variation in the perforations on the issues printed by them does indeed exist. The later issues printed by Perkins Bacon also exhibit The Walsh and Butte Specialized Newfoundland Catalogue lists these variations, but does not price them, as far as I know. So, we have valued them using the basic Unitrade prices.