12-Centimos de Peseta Blue
Miguel Segui Forgery. Typographed on medium greyish paper. The right foot on the second ‘R’ in ‘CORREOS’ is too far to the right. There is a lack of shading between the corner of the eye and eyebrow. The horizontal lines of the background touch the frame lines at left and right. The face shade lines are all of the same width. The moustache on right is formed by a wide white band.
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