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Auction: 15023 - The Philatelic Collector's Series Sale
Lot: 3998

Great Britain
King George V Issues
1924-26 Watermark Block Cypher
½d. yellow-green, variety no watermark, an unmounted mint block of four from the foot of the sheet; fine fresh and extremely rare. Believed to be the largest recorded multiple of this variety. R.P.S. Certificate (1993). S.G. 418c, £24,000+. Photo

provenance:
"Monarch" Collection, part II, October 2008

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Estimate
£10,000 to £12,000