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EXTREMELY FINE. THIS IS THE FINEST OF THE FIVE RECORDED EXAMPLES OF THE "50" CENTAVOS TRANSFER ERROR. ONE OF THE GREAT RARITIES OF SOUTH AMERICAN PHILATELY.
On Stone B of the 5-centavos a transfer of the 20-centavos was erroneously placed in Position 38. The “2” of the “20” was corrected to a “5,” but the “0” was not removed, producing a “50” centavos denomination. After postal officials became aware of the error, they defaced the “50” centavos stamp by punching out the center of Position 38 in the remaining printed sheets. This explains the rarity of this error.
The Bortfeldt handbook illustrates all five known examples of the rare "50" centavos transfer error. The stamp offered here is believed to be the only sound four-margin example known.
Ex Thomas William Hall, Newbury and Neuberger.