1&1/2d Red, Single Wmk, var 15R39, 1st State, VFU

Australia KGV 1924, 1&1/2d Red, Single Watermark, Variety 15R39, First State, (Flaw on T of AUSTRALIA) in Very Fine Used condition with a small closed tear at right associated with a small diagonal crease across the bottom right corner. Centred low and slightly left with a Square Circle cancellation well clear of the variety. BW89(15)h.