Lot 40009 – 1850 Cottonreel 4 cents black on orange, Townsend

1850 Cottonreel 4 cents black on orange, Townsend type B, security initials « WHL » of postal official Lorimer, used with light part Demerara cds AU 2 1850, cut square with excellent margins all round, treated to remove discolour and frame slightly strengthened at one point, very fresh colour and exceptional appearance, very rare (SG £100’000 for cut square) Provenance: Champion, Gilbert 2005 Expertise: Cert. RPS (1997) Estimate: € 20’000 – € 30’000