Losnr. 1381 - 196.-201. Auktion

1 franc vermilion, used example in an orange shade, clear margin at top and large on the other three sides, minute scissor outside the frameline at top right, neatly cancelled by light strike of the grill handstamp in black. A very rare stamp. Signed Ebel, Calves. Certs. Calves (2003), Roumet (2006), Gautré (2009) Ceres 7e/Yvert = EUR 17'000.