RARE genuine postal use of this Perf 12.5 high value with SUPERB 1896 Squared Circle/CDS. Not listed by Stanley Gibbons. Listed but UNPRICED by Scott. Some surface rubs & tiny pinhole but overall Good for an item of this type & period. Please look at all the scans to help form your own opinion. Priced down to reflect tear and sold with all faults considered (WAF).