50 Centesimi with ribbon type overprint "Zara", part sheet with 50 values (lower five sheet rows), mint never hinged original gum, the part sheet contains the five catalogued overprint types and the overprint flaw PF II, very fine, expertise Robert Brunel VP (2025) "the condition is perfect", without abatement of the overprint flaws and the surcharges for the better types, Michel 1.250.- plus