This is the 1901 card (Michel P 5) without watermark. This card was no longer available at the P.O. in 1914. The various catalogs list it with G.R.I. overprint, but I have never found one.

This card is without overprint and must have been in private hands. It was uprated with a N.Z. 1/2 d, but never mailed.

A most unusual item