Madeira - Funchal District. COLLECTION ON EXHIBITION PAGES: 1892- 1905, 43 mint stamps, including two different issues, first definitive King Carlos representing stamps with perforation 12½, 11½ and 13½, nice and clean starting unit, full/part of OG or unused, no gum, F/VF, C.v. $425, Est. $150-$200 (Image)