India 1854 9½ arches, ½a vermillion horizontal pair on toned paper, wmk part Coat of Arms reversed, prepared for use but not officially issued – without gum as prepared. Examples on toned paper are difficult to come across, as such, rare. SG 1 £7500+. 2023 BPA certificate

Catalogue No: SG 1
Catalogue Value: £7,500
Type: NGAI