This Penrhyn Island Stamp, Scott #21 is a unique find for collectors. The stamp is MNH VF grade and is surrounded by a wide margin that includes the sheet #.  The overprint is in red on New Zealand stamp # 148 with a denomination of 2½. This British Colony stamp is from the era of George V (1910-1936) and is a great addition to any Oceania collection of pre-decimal stamps. 

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