Australia KGV 1924, 1&1/2d Red, Single Watermark, variety 14L35, Second State, (Diagonal flaw below base of Right Value Shield, notch in profile of base of King's neck) in Good Used condition with a light diagonal crease at top and a few crumples. Off-center to the right with a duplex cancellation passing through but not obscuring the variety and well clear of the second indicator which defines the Second State. BW 89(14)i
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