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Posts: 721
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"Elephant" Design Plate proof of 5 cash black, rough perforation 12½, on thin native laid paper, a splendid block of four, excellent colour and sharp impression on this delicate paper which has remarkably retained its overall freshness, well centred with intact perforations, neat barely perceptible diagonal crease crosses lower two stamps, lightly folded along horizontal row of perfs., very fine state of conservation for this rare and elusive essay.
Estimate HK$ 400,000 - 500,000
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![7301.jpg](http://www.dahubb.com.au/gallery/data/519/thumbs/7301.jpg ""Elephant" Design Plate proof of 5 cash black, rough perforation")
