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535

540

537

542

536

Ex. 541

538

Ex. 539

535

1939 SYS Chung Hwa print, unaccepted design 50c blue block of 4, mint and no gum, with a few toned spots on reverse, unusual.

Photo

HK$ 7,000 - 8,000

536

1939 SYS Dah Tung print with watermark, 50c blue with imperforate top sheet margin variety, used. Yang 421var. Photo

HK$ 300 - 400

537

1940 SYS Chung Hwa print with watermark, die I, $1 to $5 complete set of 3, mint and lightly hinged, very fresh on both sides.

Chan 366-368. Photo

HK$ 1,000 - 1,200

538

1940 SYS Dah Tung print with watermark 5c green, with imperforate at left variety. Unmounted and a few toned spots. Chan 418.

Photo

HK$ 300 - 400

539

1940 SYS Dah Tung print with watermark, Dollar values, $1 to $20 short set of 5, all in vertical strip

of 5, plus a few odd values and overprinted ‘For use in Sinkiang’ on SYS London 1st print 1c to $5

complete set of 7, unmounted and fresh. Chan 422-426, PS83-PS89. Photo

HK$ 1,300 - 1,800

540

1940 SYS Dah Tung print, $1 colour imperf. proof on thick paper, showing the sepia frame only. Lightly

creased at the top sheet margin. Chan 412P. Photo

HK$ 1,000 - 1,200

541

1940’s A small group of SYS Dah Tung print imperforate issue, including 8c green block of 8c x 2, 10c

block of 8 x 2, 30c red orange block of 8, and Chung Hwa print 15c brown block of 4, all with imprint

sheet margin, no gum and minor toning. Photo

HK$ 3,500 - 4,000

542

1940’s Unaccepted design, Chang Kai Shek, $50,000 light blue with perforation, no gum and minor

toning. Photo

HK$ 4,000 - 5,000

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