£1,200
KGV Profile Heads M/UM/o.g. study of the 1½d wmk Simple Cypher issue, with wide variety of shades incl very deep red-brown M (with gum cracking/bends) accompanied by RPS cert (1978), chocolate, o.g. (RPS cert 1976), brown, o.g. (RPS cert 1980), and pale brown, UM (RPS cert 1976), also incl seln wmk varieties incl 'No Watermark' M, plus two examples (one M, one UM) showing variety 'PENCF'. (See photos) (L)
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