Three rows have Blind Horizontal Perforations. A fourth row is perforated normally.
Issued October 5, 1920, these #48 Liechtenstein Stamps show Madonna and Child in brown red, 2 Blocks (8 stamps) MNH OG which you will receive.
The Principality of Liechtenstein is a tiny, doubly landlocked alpine country in Western Europe, bordered by Switzerland to its west and by Austria to its east. It is the smallest German-speaking country in the world.
If you have any questions, comments or concerns, feel free to contact me. Bid with confidence on these stamps.