NORTH BORNEO 1918 Red Cross $2 + 2c lilac, SG232

North Borneo 1918 (Aug) Red Cross 'Coat of Arms' $2 + 2c lilac, type 69 surcharge, SG232.

A brilliant quality mint example with original gum.

A scarce King George V stamp as only 2,100 were printed and appears remarkably undervalued in the catalogue.

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