Sedaj prikazano: Federacija Malajskih držav - Poštne znamke (1920 - 1925) - 5 znamke.
1925 -1928
Elephants - Different Watermark
WM: 2 Perforacija: 14
![[Elephants - Different Watermark, tip D8]](https://www.stampworld.com/media/catalogue/Federated-Malay-States/Postage-stamps/D8-s.jpg)
![[Elephants - Different Watermark, tip D12]](https://www.stampworld.com/media/catalogue/Federated-Malay-States/Postage-stamps/D12-s.jpg)
| Št. | Tip | D | Barva | Opis |
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| 77 | D8 | 1$ | zelena/smaragdno zelena | - | 12,60 | 31,50 | - | USD |
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| 77a* | D9 | 1$ | zelena/zelena | - | 21,00 | 63,01 | - | USD |
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| 78 | D10 | 2$ | zelena/rdeča | - | 15,75 | 63,01 | - | USD |
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| 79 | D11 | 5$ | zelena/ultramarin | - | 63,01 | 131 | - | USD |
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| 80 | D12 | 25$ | zelena/oranžna | - | 630 | 525 | - | USD |
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| 77‑80 | Serija (* Stamp not included in this set) | - | 721 | 750 | - | USD |
