Romania. 1893-1898. King Karl I. Different Watermark and New Values. 15 Bani. Rose. Mi 104Y. Perf. L13½ × 13½. MLH. S109

Romania — Mi104Y

Country: Romania
Issue: King Carol I Definitives, 1893/1898
MICHEL: Mi104Y
Denomination: 15 Bani
Colour: Rose (rosa)
Design: King Carol I, bearded portrait facing left
Printing: Buchdruck — Typography / Letterpress
Paper: Smooth or horizontally ribbed paper — exact type not yet confirmed
Watermark: Wz.2 (PR, narrow and high) — confirmed
Perforation: L13½ — physically measured
Condition: MH (Mint Hinged)
Gum: Original gum substantially preserved; light hinge trace; characteristic naturally aged/crackled surface
Centering: Good to very good
Perforations: Generally complete and sound
Colour / impression: Attractive rose shade; clear impression
Faults: No significant thin, tear or crease observed; pencil notation on reverse

MICHEL CV: €3 mint / €2 used
Quick Sale Value: ~€1
Fair Market Value: €1.5–2.5
Retail Asking Value: ~€3
Working Collection Value: €2

Collection Grade: ★★★☆☆ (3.5/5)
Investment Grade: ★☆☆☆☆ (0.5/5)
Status: KEEP BASIC / REFERENCE
A5 Examination Record: NO