Watch List notes:

Malaya and British North Borneo 1 Cent 1962 VIP Proof KM#6 nFDC with a spot in the reverse field, otherwise retaining almost full brilliance, only 25 struck, Extremely Rare, the first we have offered, we note also there are no examples recorded on the Heritage archive database, lists at $2500 and $3000 in Proof 63 and 65 respectively

Estimate: 300-600 GBP