Lot 275
 
Hong Kong, 1938, King George VI, $5 dull lilac & scarlet FULL MARGINED COMPLETE SHEET OF 120, showing gutter and Plate Number 1 and serial number Z0803 in black, stamps never hinged except for 2 stamps. Appropriate gum for the 1938 First Printing, small thin in margin at top left, and a few minor separations, overall very fine centering.
Scott 165. (SG 159).
SG £8,400
Exceptional show piece .
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