S425 — Correspondencia Urgente – Pegasus
Country: Spain. Year: 1938. Catalogue: 861. Condition: MNH.
Subject: Pegasus, winged horse. Denomination: 20 céntimos × 2. Colour: Brown.
Condition and identification
Intact vertical pair without printer's inscription (pie de imprenta), distinguishing Edifil 861 (1938) from Edifil 832 (1937). Full original gum confirmed by collector; minor scattered spotting and surface irregularity on reverse. Preserve joined.
Collection assessment
Collection Grade: 4/5. Investment Grade: 1.5/5. AllCollect valuation: €3.00. Decision: KEEP.












