Morocco Agencies 1899 40c orange-brown, type 2 De La Rue overprint, variety Broad top to 'M', SG13b.
A fine mint example with original gum, from left pane, R7/3. There are a few shortish perforations and minor surface marks, but lovely fresh colour and a very attractive example.
A scarce variety with only 304 maximum possible and high degree of postal usage.
The Stanley Gibbons catalogue value is £275.
Following a decision to identify the exact revenue derived from the Morocco postal service, separate stamps were needed for the Morocco Agencies. This requirement further became necessary because of a Revision of Fees Ordinance in Gibraltar, which required all fees to be collected in Sterling, while the Morocco Agencies continued to use Spanish currency. This led to the introduction of Gibraltar stamps with 'Morocco Agencies' overprints.
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