Australia New South Wales 1907 4d orange-brown (watermark w11), VARIETY WITHOUT WATERMARK, SG357var.
A fine used example with part 'SP 18 1907' circular date stamp.
A real rarity on this value. The stamps from this series without watermark are from the edge of the sheet.
Australia Specialised Catalogue No: N31aa
The catalogue value in the last edition in 2004, unused, was $2,500.
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