392 Timehri. 
The accepted catalogued varieties of this issue are as follows :— 
On surface coloured paper (couché) 
1 cent black, on Magenta 
4 AS 35 a5 do 
4 bs blue 
On paper coloured throughout 
4 cents black, on dark blue. 
These stamps were initialled before being issued, as was the custom 
with the 1850 issue. The recorded initials are :—H.T.E.D.; E.D.W. ; 
W.H.L. ; named under the 1850 issue and in addition C.A.W. the initials 
of a letter carrier named Watson. 
Of the ONE CENT value, there is only one specimen known, which 
is in the collection of the distinguished philatelist Baron Von Ferrary of 
Paris. The history of this find is interesting. Mr. L. V. Vaughan in 
searching through some family papers in 1873 came across this stamp, a 
poor faded copy cut octagionally, which found a place in his collection. It 
was shortly afterwards sold to Mr. N. McKinnon for 6/-, in whose 
collection it remained for some years when he parted with it for £25. 
Mr. E. L. Pemberton, the well-known dealer of the Seventies, in a 
letter to Judge Philbrick in 1878, stated that this stamp was offered to 
him together with four of the circulars for £110, but he neglected to 
close with the offer until too late; and it was eventually sold with the 
four circulars in a small collection, for £120, to a Liverpool Merchant. 
The next change of ownership was to Baron Von Ferrary at a price 
which has never been._made public. 
It scems rather remarkable that no other copy of this value is 
known, while numbers of the 4 cent value on the same magenta coloured 
paper, although itself a rarity, are in existence. It has been conjectured 
that the ONE CENT was a printer’s error in one of the stamps on the 
FOUR CENT sheet which was discovered early and immediately 
corrected. 
Although Judge Philbrick communicated with the local printers 
personally, for particulars about these stamps, no information was forth- 
coming to lift the veilof mystery that shrouds this issue even up to the 
present day. 
Various estimates of value have been assigned to this unique specimen 
varying from £2,000 to £5,000; but as it has never been on the 
market, these estimates are only imaginary. It is quite safe to assert, 
however, that a record price would be obtained should this specimen 
ever be put up to auction, 
