HK039-Main

476

476 1925 surcharged in red on second Peking printing 3cts on 4cts slate-grey, variety surcharge inverted, very fine used. This is the rarest of the Four Treasures of the Republic with less than 10 copies recorded of which 3 are used. Chan 281a. Photo HK$ 600,000 - 800,000

477

477 1930’s An unaccepted design of Premier Tan x 4, each value in different colour, brown, orange, blue and olive. The values are all marked as 40 cents, unused and no gum as issued. Photo HK$ 3,200 - 3,600 478 1931 SYS London 2nd print, $2 and $5 both in blocks of 6 with lower right corner sheet margin, mint full original gum never hinged with minor toning. Chan 320-328. Photo HK$ 1,300 - 1,600

Ex. 478

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