£440
KGV mint/unused study of the 1934-36 Photogravure issues, incl seln shades identified by the collector, wmk variations, etc. ½d range incl 'Horn Variety' UM (part of a corner marginal block of 4, mounted in margin only, also with pencil arrow drawn on the margin), 1d incl large format varieties 'Watermark inverted' UM, and 'Printed on the gummed side' M, also small format wmk varieties incl 'Watermark sideways inverted', 1½d incl large format wmk inverted M, small format incl 'Flaw in N.E. corner' (part of a mounted mint corner marginal block of 6), 2d incl intermediate format 'broken tablet' variety (part of a UM block of six, folded along vertical perfs), small format incl 'watermark sideways' M. (L) (See photos)
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