19.45
A VFNH single of the 20c carmine from the 1938 Special Delivery Issue, CBN-ll paper.
Unitrade values this at $87.5. The stamp offered here grades 75 as follows:
Centering/Margins: 45/70
Paper Freshness: 5/5
Colour: 5/5
Impression: 5/5
Absence of Visible Paper Flaws: 5/5
Perforations: 10/10
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