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GILBERT & ELLICE ISLANDS - 1916 - CHRISTMAS ISLAND LOCAL ISSUE: 10c ultramarine, orange, red, green & black 'Central Pacific Cocoanut Plantations Ltd' LOCAL issue depicting the yacht 'Ysabel May', the first printing perf 11¾, position 4 in the sheet of for. An unused corner marginal copy with backing paper on gum. (GIL/39693)

GILBERT & ELLICE ISLANDS 1916 CHRISTMAS ISLAND LOCAL ISSUE

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10c ultramarine, orange, red, green & black 'Central Pacific Cocoanut Plantations Ltd' LOCAL issue depicting the yacht 'Ysabel May', the first printing perf 11¾, position 4 in the sheet of for. An unused corner marginal copy with backing paper on gum.