2d Red, Die 3, CofA Wmk, variety 2L6, 2nd State, GU

Australia KGV 1931, 2d Red, Die 3, CofA Watermark, variety 2L6, Second State ("Ferns"; flaws in shading below bottom left corner of Right Value Shield) in Good Used condition with a diagonal cut and some clipped perforations at right. Reasonably centered with a slogan cancellation well clear of the variety. BW 103e.