1&1/2d Bright Red-Brown, Single Wmk, var 12L40, 2nd State, GU

Australia KGV 1922, 1&1/2d Bright Red-Brown, Single Watermark, variety 12L40, Second State (possible Substituted Cliche; Added metal repair to bottom frame which is thickened downwards for 2.5mm beginning 0.5mm from bottom left corner) in Good Used condition with a damaged top right corner (short corner and thin behind top right margin at top right corner). Reasonably centered with a machine cancellation well clear of the variety. Varieties from this issue are scarce.