Lot
5116 
Ecuador, 1865, 1r Orange Ochre, Horizontal Pair, positions 71-72 showing colorless line through "REAL" in position 71, clear to large margins, in combination with 1866, 4r red on piece tied by 1867 Guayaquil cds's, Very Fine, a very scarce 1r first period combination, ex-Olgieser. Scott No. 4+6 Estimate $300 - 400.
Realized: $270