Hong Kong 1921-37 5c violet, Script watermark upper right corner block of 4 showing plate number '2' and 'U12692' requisition number, 1937 printing, SG121.
A fine unmounted mint positional block with full original gum (unmounted, but traces of backing adhesion). Toned gum as often the case for these issues and still fine appearance.
A very scarce King George V philatelic piece in this proving positional form.
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