ICELAND – 1902-03, 25a yellow brown & blue with black overprint – worth US.$.11,000

25a yellow brown and blue with black overprint is one of the rarest major-type Crowned Numeral Iceland stamps that were overprinted and re-issued in 1902 and 1903. They are all printed on paper with WMK 112. With the issue of the King Christian IX portrait, the Crowned Numeral type stamps were no longer valid for postal use. To fix it, various denominations of the Crowned Numeral items were overprinted “Í GÍLDI / ’02 — ’03” meaning “VALID / 1902 – 1903” was auctioned by Spink in May, 2008 for $11,000.