Lot 97 New Zealand SG#O126a-b 1936-1961 Pictorial Issue With Official Overprint, A Partial VFNH Set. Mult NZ + Star Wmk, Perf. 12.5 and 14 line, SG. Cat. 48 GBP = $82.56

A partial VFNH set from the 1936-1961 pictorial Issue with official overprint. The partial set includes two varieties of the 4d black and sepia stamp, one with a line perf of 14, the other 12.5, both have mult NZ + star watermark.
Gibbons cat for NH is 48 pounds, which translates to $82.56 CDN. Est. net is $48.