Australia KGV 1923, 1/2d Orange, Single Watermark, variety 7L49, (Retouched shading in front of King's face, flaw on King's head above and to the right of the King's ear) in Good Used condition with a light tone spot only visible on on the back of the stamp at the top left corner. Well centred with a double-strike circular datestamp cancellation (ARARAT, VIC) clear of the variety but obscuring the second indicator. BW66(7)e.
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