New South Wales 1865 - Embossed 'ONE HALF PERCENT' Stamp Duty Fiscal Proof Specimen
The proof is printed on watermarked paper manufactured by Cowan & Sons, one of the principal British suppliers of high-grade security paper during the nineteenth century. Such paper stocks were widely used for government revenue instruments and later for colonial banknotes. The presence of Cowan paper reflects the integration of New South Wales fiscal printing into the broader British security printing industry. Read more →