MALAYSIA 1989 NATIONAL SCOUT JAMBOREE IMPERF COMPOSITE PROOF, UPRIGHT WATERMARK
National Scout Jamboree imperforate composite proof, featuring colour bar and trim marks, on gummed paper with upright multiple SPM watermark. Very scarce. Generally fresh and fine. Mint never hinged. SG414var-416var; SC395var-397var
Note: the 10c and 20c designs were only issued with sideways watermark