This looks like a very nice Frank Ulrich
Hand Painted Cachet, but I wouldn't know for sure since I've been unable
to add an example to my collection. This crude black and white copy
of the cachet, showing that it features a knight on horseback, was taken
from the Mellone catalog. Since I loved Frank's Cancer
Crusade Banner Cachet (M28), I'm sure I would also love this cachet,
if I could find one. If you have any idea how I can obtain a copy
of this cover, please drop me a line at email@example.com.
Frank created his first hand painted cachet back in the early 1960s.