Seychelles 1902 45c on 2r25 bright mauve and green, type 5 surcharge, variety 'Narrow 5 in 45' from R4/1 of the setting, SG45a.
A fine mint example with original gum. Toned gum, as often seen, but of good appearance in all other respects.
A particularly rare variety as there are only a maximum of 200 examples possible.
The Stanley Gibbons catalogue value is £180.