[2c]
Left side, first.
1st line: "5g", eg, the weight is 5 grams.
2nd line: that blocky "T" is for postage due, mimicking the ?more common rubber stamp.
.
I'm guessing "Avion" signifies "what would be the airmail rate".
3rd line: The actor E.G.Marshall would say that his initials stood for "Everybody Guess".
4th line: the "10" in the box is the postage due.
Right side: the math.
[/2c]
Cheers,
/s/ ikeyPikey
https://goscf.com/t/39143 ... edited to add a pointer to a useful thread ...
... and to, uh, answer your question: it looks like a piece of selvage from a sheet of stamps was used as Your GrandFather's Post-It Note.