New Zealand Life Insurance 1903 (22 ?P) Official printed envelope (G.I. 284K. 10,000-12-1902 9346, 'FROM DUNEDIN AGENCY' printing, unrecorded by Brodie) to Dunedin. Franked by 1902-04 perforations 11 1d blue 'Lighthouse' paying the local letter rate, tied by Dunedin 3-ring circular date stamp.
A fine example despite some minor toning as much above average for items of this nature.
A scarce cover.