Lot 289 Nigeria #123-127 1962 Lagos Conference of African & Malagasy States, Complete Set on FDC to Ghana, Net Est. $10

Philatelic registered first day cover, sent on January 25, 1962 from Ikeja Airport to Accra, Ghana. Franked with a complete set of the 1962 Lagos Conference of African and Malagasy States Issue, overpaying the I/- combined airmail rate plus registration fee by 2/1d. The stamps are all tied by clear strikes of Proud type R2 oval registry cancel (4 GBP in Proud). Some edge discolouration, but F-VF overall.

The cancellations list in Proud for 4 GBP and the cover value to a common destination is approximately $2.50 applying Gibbons’ prescribed multiplier of 2 to the Scott value of $1.25 for the stamps off cover. Ghana is a scarcer destination as are all countries in Africa, as most mail left the continent. So, the value of this cover, taking the destination, rate, franking and cancellations into account is $10.