1876-79 Ship issue, master die proof in black on glazed card, printers working proof of the finished design without value, cut down and in sunken mount, thought to be only two examples in private hands (another example being part of the Royal Collection).
Provenance:
William A. Townsend
John E. du Pont (Lot 60105, David Feldman SA, June 2014)
Correction: Not the only example in private hands as described in the printed catalogue
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