Lot
111 
Newfoundland, Official Seal, 1905, black on blue, red "Specimen" overprint, o.g., never hinged, 2mm hole, watermarked, rich color, F.-V.F. Newf. Spec. Nos. OS1f $1,600. Unitrade Nos. OX1S C$1,350 ($1,040).
Fewer than 20% of the specimens appear to be watermarked.
Realized: $450