Ditunjukkan sekarang: Negeri Melayu Bersekutu - Setem-setem bayaran pos (1920 - 1925) - 5 Setem-setem.
1925 -1928
Elephants - Different Watermark
WM: 2 Perforasi: 14
![[Elephants - Different Watermark, jenis D8]](https://www.stampworld.com/media/catalogue/Federated-Malay-States/Postage-stamps/D8-s.jpg)
![[Elephants - Different Watermark, jenis D12]](https://www.stampworld.com/media/catalogue/Federated-Malay-States/Postage-stamps/D12-s.jpg)
| No. | Jenis | D | Warna | Deskripsi |
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| 77 | D8 | 1$ | hijau/hijau zamrud | - | 14.09 | 35.22 | - | USD |
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| 77a* | D9 | 1$ | hijau/hijau | - | 23.48 | 70.44 | - | USD |
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| 78 | D10 | 2$ | hijau/merah | - | 17.61 | 70.44 | - | USD |
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| 79 | D11 | 5$ | hijau/ultramarin | - | 70.44 | 146 | - | USD |
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| 80 | D12 | 25$ | hijau/oren | - | 704 | 587 | - | USD |
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| 77‑80 | Set (* Setem tidak termasuk di dalam set ini) | - | 806 | 839 | - | USD |
