Auction: 21077 - Important Stamps and Covers of the World
                    
                    Lot: 232
                
                    
                        (x) New Republic
1886-87 on yellow paper with date and without embossed Arms
Note: Owing to the poor quality of the paper upon which these stamps were printed, perforation irregularities are to be expected on this and all subsequent issues.
1d. black 
Subject to 5% tax on Hammer Price in addition to 20% VAT on Buyer’s Premium.                         
                                            
                    
                        Sold for                    
                        
                        
                        £1,700                    
                    
                        
                            Starting price                        
                            
                            
                            £650