I just picked up some Revenues at my local stamp club auction. This item came with some others, and the price was extremely low, so I bought it. I see it as Queensland Fiscal Scott AR18 (perf 13), with pen cancel. (Stanley Gibbons F16.) Not much value, but fits into my collection.
The watermark appears backward. I'm used to my Scott catalog, which shows the watermark as viewed from the back. My Stanley Gibbons states that their watermarks are as viewed from the front. Here is the stamp and the picture of the watermark from Stanley Gibbons. What is interesting, is that my watermark is as shown when viewed from the back. (I mean to say that it is a perfect Q when viewed from the back.) Is this just an unlisted version?

