Australia KGV 1922, 2d Red, Single Watermark, Perforated "OS", Variety 12AR46, (colour flaw on King's beard, shade break on King's neck) in Used condition with no faults. Off-Centre to the left with a heavy circular datestamp cancellation, (MELBOURNE 15, 17th June 1923) clear of both indicators. Note: the BW catalogue incorrectly describes 12AR46, referring instead to the variety 12AR48 as its referenced variety BW96(12A)i.
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