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According to Holmes(1), only one pane of 120 stamps received the “Inverted Surcharge” variety. It is only known used and, when distinguishable, the cancellation is the “679” numeral of Tati. It was first listed in 1904, but was omitted from the catalogue in 1917 when the known examples were thought to be forgeries before later being re-admitted. I have recorded 19 examples so far.
“Small surface wrinkle”, cert. RPS (1956) and BPA (1999)
History: Illustrated in The Runner Post Sep 1994 p.767; Spink Jun 2005 lot 225 realised £800 plus commission; Spink Jun 2007 lot 1005 est.£3’000-3’500 (unsold); Gilbert; Weinberg (Siegel Nov 2016 lot 2015, realised $1’300 plus commission), “Lionheart” (Spink Mar 2018 lot 1541 sold £1’100 plus commission)
Cert. RPS (1980)
History: ex Seaton, Cavendish Jun 2014 lot 860 realised £800+com, Apex Mar 2015 lot 711
Cert. RPS (1985)
History: Spink Oct 2007 (John Inglefield-Watson collection) lot 1143 realised £1’800 plus commission; Spink Jan 2019 lot 1330 sold for £1’500 incl. commission
History: Illustrated in The Runner Post Sep 1994 p.767; ex Rossi (Warwick & Warwick)
Cert. BPA (2012)
History: Spink July 2013 lot 240 realised £2’000 plus commission
Cert. BPA (2010)
Creased and a thin, cert. Brandon (2009)
History: Illustrated in The Runner Post Sep 1994 p.767
Trace of crease not affecting appearance, cert. RPS (1964)
History: Spink May 2003 (William Frazer collection) lot 27 est.£1’000-1’200 (unsold); Spink Mar 2004 lot 47 realised £1’300 plus commission; ex “Koi” (David Feldman Dec 2018 lot 30424 realised £1’700 plus 22% commission)
Trace of soiling, cert. RPS (1985)
History: Spink Oct 2007 (John Inglefield-Watson collection) lot 1144 realised £1’500 plus commission; Spink Jan 2019 lot 1331 est. £1’200-1’500 (unsold)
Horizontal crease at bottom, cert. BPA (2000)
History: Matthew Bennett Inc June 2001 (Michael Rubin collection) lot 241

History: Plumridge Apr 1913; Ex Holmes (Harmers Oct 1981 lot 1179); Illustrated in The Runner Post Sep 1994 p.767; British Postal Museum
Small thin at right, cert. RPS (1969)
History: Christie’s Jun 1992 lot 3242 estimate £2’000-2’500 (unsold); Illustrated in The Runner Post Sep 1994 p.767
Trace of a light stain on the back of the Queen’s head and a short crease, cert. RPS (1988)
History: Ex Barkaway (Harmers of London Jun 1986 lot 656); Maria de la Queillerie, Christie’s Robson Lowe Jun 1991 lot 135 estimate £1’000; British Postal Museum; Illustrated in The Runner Post Sep 1994 p.767
Cert. RPS
History: Illustrated in The Runner Post Sep 1993 p.659; Illustrated in The Runner Post Sep 1994 p.767; SG Auctions (The Arnhold Collection) April/May/June 2012
Upper left corner unfortunately torn away, cert. Philatelic Foundation (1991)
History: Ex Dale-Lichtenstein (Harmers of New York 1991 lot 24, sold $375+10%); Illustrated in The Runner Post Sep 1994 p.767; Argyll Etkin May 2010 (David Wessely coll.) est £400-500 (unsold); Spink 2nd Nov 2022 lot 267, sold £350+commission.
Cert. RPS (1967)
History: Ex Colonel Eley (Robson Lowe Jun 1983 lot 1102); Illustrated in The Runner Post Sep 1994 p.767;
History: Illustrated in The Runner Post Sep 1994 p.767;

Unique “ourpence” omitted, cert. RPS (SG.53cb)
Note: Holmes(1) states that part of the type of the word “Fourpence” fell out causing a progressive error with only “Fou” printing and then finally just the “F” printing. The “F” error occurred on stamp 98 of the sheet of 120. A unique positional lower left corner block of six with a RPS certificate has been recorded
History: Illustrated in The Runner Post Sep 1993 p.659
Not Expertised, Suspicious or Fake
Bibliography
(1) “The Postage Stamps, Postal Stationery, and Postmarks of the Bechuanalands”, H. R. Holmes, 1971
(2) “Some notes on Bechuanaland”, N. West, The Overprinter, February 1990
(3) “The Rarer stamps of British Bechuanaland and Bechuanaland Protectorate”, David Finlay, The Runner Post Sep 1994 pp.766-777