1861 5c. vermilion used on local cover Manila-Binondo, tied by good strike of "MANILA/31/ISL. PHILIPI./31/MAI/1863" double-ring d/s. A fine stamp with good margins, cover with vertical file creases, one at left with few paper breaks, but still a good and very scarce cover. Phil. Found. certificate. (Scott US$3,000) (Tax Method: Regular Taxation)