NEW ZEALAND 1935-36 3s chocolate and yellow-brown (USED), SG569ay

New Zealand 1935-36 3s chocolate and yellow-brown, SG569ay watermark 43, perforations 13½x14, variety watermark inverted and reversed from the experimental 'wet' printing.

A lightly used example, which is a little off-centre (as often seen), otherwise fine quality example in all other respects.

A scarce watermark variety with only 3,000 printed and rarer used than mint.

The Stanley Gibbons catalogue value is £475.

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