The stamp shows the following .....

1. The 7 O'clock ray flaw in the top right corner square.
2. Re-entry marks in both upper corner squares.
3. Re-entry marks in the bottom left corner square.
4. A break in the top line of the top right corner square (at the left).
5. The bottom right corner has been re-cut.
6. The left side line has been strengthened.

     The following may also be present .....

1. Slight re-entry marks in POSTAGE.
2. Slight re-entry marks in the Y of PENNY.