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Auction: 15043 - The "Fordwater" Collection of New Zealand
Lot: 1325

New Zealand
1915-33 King George V Issues
"Cowan" Paper
1/- vermilion, perf 14x14¼, a block of four with margin at right, variety upper pair imperforate, lower pair imperforate at top, fine mint, mounted in the margin only. Very rare. C.P. K12a(Y), $10,000; S.G. 430a, £4,000. Photo

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Sold for
£1,200