Lot
368 
New Britain, 1914, G.R.I. 5s on Marshall Islands 5m Carmine & Black (Type 2, 3½-4mm Spacing, Setting III, Pos. 4), certificate states, "part original gum", however it is full o.g. in our opinion, rich deep colors, tiny perf thin at top, F.-V.F.; with 2017 B.P.A. certificate, signed A. Diena and others. Scott No. 42 $14,000. SG No. 62 £14,000 ($17,220).
AN EXTREMELY RARE MINT EXAMPLE OF THE G.R.I. 1914 5S ON MARSHALL ISLANDS 5M HIGH VALUE ISSUE.
Realized: $5,250