the moody blues ‘october 1972’ (a WCF copy, # 4048)
Easily recognizable by the rust colored insert.
Released in 1973
I believe there is no doubt that this is a Contraband original release.
Can someone confirm if the matrix # is really 3570 (as mentioned in an old auction text)?
THE AMAZING KORNYFONE LABEL 
Matrix n. 4048 a/b on my copy (with blue insert)
…but maybe it’s a WCF, not a CBM…?
Yes, indeed that’s what it is. It appears with that # in my WCF master list.
https://theamazingkornyfonelabel.wordpress.com/2017/08/25/white-cover-folks-wcf-early-berkeley-label/