COOK ISLANDS, 1932, 1p Brown Lake & Black, Inverted Center (85a; SG 100a). Centered to top, deep rich colors on bright paper

FINE ORIGINAL-GUM EXAMPLE OF THE COOK ISLANDS ONE-PENCE JAMES COOK ISSUE WITH INVERTED CENTER.

Also incl. 2p with inverted center (86 var; SG 101 var.) which has been declared printer's waste that appeared on the market three years after the issuance of the series and was at one time listed by Gibbons, SG value £5,000 for the SG 100a

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