North Borneo Labuan 1880 '8' on 12c carmine type 2 surcharge but with '12' not obliterated, SG11b.

A fine and fresh mint example with part original gum.

A very rare stamp, in unusually fine condition almost never seen.

The first stamp issues from Labuan are considered one of the most attractive of the time with a striking engraved design of Queen Victoria and with inscriptions in three languages (English, Arabic and Chinese).

SG Catalogue Value: £3,500.