Lot
1857 P
Liberia, 1892, $5 blue & black, trial color proof, complete sheets of 10, left horizontal pairs imperf between, each stamp with "Waterlow & Sons Ltd., Specimen" overprint and security punch hole, without gum, Very Fine, an extremely rare perf variety with only two sheets ever discovered, with 1988 note regarding the R. Lowe discovery, ex-Lockard. Scott No. 49TC Estimate $500 - 750.