Lot
1509 
New Zealand, Postal-Fiscal, 1931, £5 indigo blue, Cowan paper, Single NZ & Star watermark, o.g., very lightly hinged, choice centering, exceptional freshness, Extremely Fine; with 1984 R.P.S.L. certificate. Scott No. AR69. Campbell Paterson No. Z52a $675 ($460). SG No. F168 £475 ($620).
Realized: $160