Great Britain (Nicaragua) 1881 (MR 12) envelope reduced at left to London franked 1880, wmk Spray 1/- orange-brown, plate 13, single and pair, FI and AA-AB tied by two Greytown cds, arrival cancel bottom left. Rare stamps with this watermark.

(Nicaragua) 1881 (MR 12) envelope reduced at left to London franked 1880, wmk Spray 1/- orange-brown, plate 13, single and pair, FI and AA-AB tied by two Greytown cds, arrival cancel bottom left. Rare stamps with this watermark.

£1975

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