used 1902-09 perf. 11, 1/- orange-red on "NZ" and Star widely spaced watermark, upright (inverted), fine used. Extremely rare, only about five examples believed to exist. R.P.S. Certificate (1950). S.G. 315ba, £1400. Photo

Details
used 1902-09 perf. 11, 1/- orange-red on "NZ" and Star widely spaced watermark, upright (inverted), fine used. Extremely rare, only about five examples believed to exist. R.P.S. Certificate (1950). S.G. 315ba, £1400. Photo
Further details
Note: This paper is that used for printing of the Sideface issues. Campbell Paterson state "Only a few used copies have ever been found".