There is no way to be able to link the frame watermark to any issue as they are not made for identifying the stamp in anyway
In fact with these stamps the frame watermark can be used to help narrow identification of the issue.
The 4d laureates were issued with three different watermarks, each having different marginal lettering on the sheet.
- double-lined 4 watermark (Perkins-Bacon paper borrowed from Tasmania)
- single-lined 4 (DLR and Saunders paper) with VICTORIA POSTAGE lettering on all four sides of the sheet. This lettering was double lined with serifs.
- V1 (V over Crown watermark) (DLR paper) with VICTORIA POSTAGE at the top and bottom of the sheet. This lettering was double lined without serifs.
The marginal lettering on dogfd's stamp in this thread is from the 1867-1881 V1 issues, showing VIC of VICTORIA without serifs.
Perf measurement and shade identification would determine the specific V1 issue.