Hi gang,
I could use some help with a Red NZ Kiwi stamp. Here it is:

I have tentatively identified it as SG 324 (old #392) or SG344 aka Scott 93. While it has no standard watermark, you can plainly see at the top of the back (it is actually the bottom) a double line watermark that looks like the lower part of a double line "E". The catalogues both describe a printing where the watermark is sideways so "specimens from the margins of the sheet show parts of the words NEW ZEALAND POSTAGE in large letters." They don't say whether "NEW ZEALAND POSTAGE" is double lined. So that is my first compound question. Is the paper double lined and does the picture look like I have one of them?
So the next problem, what color is it ?? I'm leaning toward Bright Carmine-Pink.
Now for a real rub; it is perf 16 and perf 16 doesn't seem to apply to any of the listed stamps
UNLESS it is #344 which is listed as "mixed perfs." My problem with such a conclusion is that previously in the catalogue (after #284), SG defines "mixed" as some combination of 14 and 11. So, what say you .... what number do I have. BTW, the perf 16 is why I have ruled this out as being a LISBON SUPERFINE watermark (SG 265bd) because that is on a perf 11 stamp. (I'm lucky enough to have one of them too!)
Lastly, for the more esoteric but very interesting to me ... what is the cancellation? It appears to be fiscal, like some kind of bank ("TERW???? Brothers Limited?")
I'm looking forward to the discussion that ensures and hope that my new gmail account will work in forwarding posted replies. I haven't had any reply notifications in weeks.
THANKS in advance.
John