Morocco Agencies 1925 KGV 50c on 5d watermark error MNH cat £75 ($120). SG 207w.

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Morocco Agencies 1925 KGV 50c on 5d yellow-brown mint never hinged with WATERMARK INVERTED. Tone spot on reverse. Gibbons # 207w. Scott # 416 variety. Cat £75 ($120).

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