Bermuda 1938-53 5s pale green and red/yellow, chalk-surfaced paper, perforations 14, from Jan 1939 printing, SG118a. Shows HPF 10a ('Adam's apple').
Brilliant unmounted mint example with full original gum. The odd slightly shortish perforations, but a desirable plated example and very scarce in this exceptional condition.
The Stanley Gibbons catalogue value is £375+.