North Borneo 1897-1902 10c brown and slate-lilac 'Sun Bear', perforations 14½-15, SG104.
A fine and fresh mint example with large part original gum.
From 1894, North Borneo was responsible for issuing some of the most attractive and innovative pictorial stamps of the late 19th century.
The Stanley Gibbons catalogue value is £150.
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