Falkland Islands 1904-12 ½d yellow-green, variety watermark inverted, lightly cancelled by type F4E circular date stamp, dated "NO 2 08", SG43aw.
A fine used example. One slightly short corner perforation at top right of stamp, mentioned for accuracy, which doesn't detract from its choice quality.
A nice example of this extremely scarce watermark variety.
The Stanley Gibbons catalogue value is £425.
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