1d. black, plate 4, HK, good to large margins all round, tied by red MC to entire (some refolding) backstamped "LEICESTER DE 4 1840" to Derby with cds. in red on front for arrival. The addressee "R. Pegg & Co., Oil & Colour Merchant" was Robert Pegg, a colour, gypsum, cement and plaster manufacturer, located Old Uttoxeter Road, established in 1824, fine and fresh.