1912-24 Watermark Royal Cypher
unused The mint (mostly unmounted) selection with shades arranged by value to 1/-, including 1d. scarlet vermilion, 1½d. chocolate-brown (from top right corner of the sheet), 9d. olive-green (2), all unmounted, varieties with 1½d. pair and block of four (both marginal) with one stamp in each showing "PENCF" flaw, 1½d. booklet pane of four with two advertising labels attached, 2d. possibly without watermark, etc., 1913 Royal (multiple) Cypher ½d. and 1d., etc., fresh and mostly fine
Details
unused The mint (mostly unmounted) selection with shades arranged by value to 1/-, including 1d. scarlet vermilion, 1½d. chocolate-brown (from top right corner of the sheet), 9d. olive-green (2), all unmounted, varieties with 1½d. pair and block of four (both marginal) with one stamp in each showing "PENCF" flaw, 1½d. booklet pane of four with two advertising labels attached, 2d. possibly without watermark, etc., 1913 Royal (multiple) Cypher ½d. and 1d., etc., fresh and mostly fine