Gilbert and Ellice Islands Christmas Island 1914-38 10c local "CENTRAL PACIFIC COCOANUT PLANTATIONS LTD", fourth issue (denominations in blue), perforations 111/2, sheet of 8 (4x2, two blocks of 4 with horizontal gutter) with margin at top.
Unused piece adhering to backing paper. One stamp with small tear and another with small perforation blemish, but still highly attractive and rare in this form.
The stamp shows the company schooner "Ysabel May" (of 135 tons) which is greeted by a Bosun Bird while approaching Christmas Island.
Not listed in the Stanley Gibbons catalogue.
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