New Zealand 1878 5s grey 'First sideface', SG186.
A fine used example, lightly cancelled by part '(NA)PIER' duplex, dated 'MY 79'. Small ink notation on reverse does not detract from fine appearance.
A scarce Victorian New Zealand stamp. These stamps were first issued in 1874 with the change in design to the more conventional side view of the Queen. Prior to this the "Chalon Head" stamps showed an image of Queen Victoria, based on the portrait of the Queen on her coronation in 1837 by Alfred Chalon.
The Stanley Gibbons catalogue value is £300.
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