HK039-Main

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520 1947 SYS 2nd Shanghai Dah Tung print $500,000 and 1948 3nd Shanghai Dah Tung print $50,000, both with minor vertical paper folded variety, unused and no gum as issued. Chan 1044var, 1088var. Photo HK$ 500 - 700 521 1948 CNC Fist Union surcharged, $5,000 on $2 block of 4 on SYS Central Trust print, with perf. shifted to left variety, unused and no gum as issued. Chan 1065var. Photo HK$ 500 - 600 522 1948 CNC Fist Union surcharged, $5,000 on $2 block of 9 on SYS Central Trust print, with extra horizontal perforation at the bottom strip of 3 variety, unused and no gum as issued. Chan 1065var. Photo HK$ 500 - 600 523 1948 CNC Fist Union surcharged, $5,000 on $2 block of 9 on SYS Central Trust print, with extra horizontal perforation at the bottom variety, unused and no gum as issued. Minor toning. Chan 1065var. Photo HK$ 500 - 600 524 1946 CNC Chungking Central surcharged, $20 on 5c in pair on SYS Dah Tung print no watermark, both with ‘H.L.CHUNG’ (鍾 笑爐) red chop on reverse, unmounted mint and minor toning. Chan 935. Photo HK$ 5,000 - 6,000

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