Lot 267 Morocco Agencies - Spanish Currency SG#123 12pe on 10/- Pale Ultramarine King Edward VII, 1907-1912 Overprinted De La Rue Keyplate Issue, A VFOG Example, Anchor Watermark

SKU Lot-267-October-13-2021

A VFOG example of the 12pe on 10/- pale ultramarine King Edward VII from the 1907-1912 Overprinted De La Rue Keyplate Issue with anchor watermark. There is some light red discolouration in the panel containing the word "postage". This reduces the grade ever so slightly, but not below VF.

Gibbons values this at 80 pounds, which is approximately $136. However, our estimate of the value given the condition is $65. The stamp offered here grades 78 as follows:

Centering/Margins: 50/70

Paper Freshness: 5/5

Colour: 3/5 (slight discolouration at top)

Impression: 5/5

Absence of Visible Paper Flaws: 5/5

Perforations: 10/10

Cancellation: 10/10 and 8/10