Gambia 1886-93 4d deep brown, watermark CA, variety 'Watermark Crown to RIGHT of CA' (from back), used with 'target' cancel, SG31w.
A fine quality used example of this rare watermark variety with attractive example of the target cancellation. There is one faintly toned perforation, which is immaterial to the overall quality present.
The Stanley Gibbons catalogue value is £140.
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