INDIA. Dewas (Senior Branch). 1/12 Anna, 1888. Krishanji Rao (in the name of Victoria). NGC MS-64 Brown.
KM-11. A near-Gem example of a one-year type. From the princely state of Dewas, which came under British protection, and consequently bore a portrait of Victoria--the British Raj Empress--on the obverse. Bits of red color remain in protected areas of design, and the fields are problem-free.
Estimate: $300 - $450