Lot 380 New Zealand SC#120 5/- Vermillion 1902-1907 Pictorial Issue, Wmk NZ And Star Close Together, A F-VF Used Single, Click on Listing to See ALL Pictures, Estimated Value $225

A F-VF used example of the 5/- vermillion from the 1902-1907 Pictorial Issue. Wmk NZ and star close together. Nice Light Wellington squared circle cancel. Almost VF, but centered a little too far to the right to be graded thus. So we gade it as fine to very fine. 2022 Scott Classic Cat $300. Our estimate of the value based on the condition is $225.