EXTREMELY FINE. THIS IS THE ONLY BLOCK OF ANY BULL'S EYE ISSUE KNOWN ON COVER. THIS SPECTACULAR ITEM, DISCOVERED ONLY IN THE PAST 30 YEARS, IS REGARDED AS ONE OF THE TOP FIVE PHILATELIC ITEMS OF BRAZIL AND ONE OF THE WORLD'S GREATEST CLASSIC IMPERFORATE COVERS.
This extraordinary cover was discovered sometime in the 1970's and sold to Reinaldo Bruno Pracchia, who featured it in his award-winning exhibit, which garnered the Grand Prix d'Honneur at London 1980. It was acquired by Angelo Lima and again became one of the cornerstones of his Grand Prix exhibit (International Grand Prix at Philexfrance 1989 and Grand Prix d'Honneur at Philanippon 1991). Islander acquired the cover at the November 1993 sale of the Lima collection, held by David Feldman S.A.