Bidspirit auction | British Commonwealth - New Zealand

British Commonwealth - New Zealand - 1909-12, ''Commerce'', 1p carmine, left sheet margin horizontal imperforated pair on chalk-surfaced paper, watermark single NZ and Star with additional watermark on the selvage, full OG, NH, VF, C.v. $375, SG #405a, C.v. £400, both values for hinged item, Est. $300-$400, Sc. #131a