SPANISH PHILIPPINES - 1 REAL FIRST ISSUE of 1854, FIRST ENGRAVING, Bright blue. Position 18.

1-Real Fuerte: FIRST ENGRAVING, Fine Shading

(Scott #4; Edifil #3) 1-Real Fuerte. Bright blue. Position 18.
Ex. Lange.  Cert. EXFIMA.

Purchased from Soler y Llach at Pacific 97 in San Francisco on May 29, 1997.
EXTREMELY RARE!