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Auction: CSS49 - The Philatelic Collectors' Series Sale - conducted behind closed doors
Lot: 127

China
Republic Period
1912-1948 Issues
1914-19 Junk, first Peking printing ½c. to $20, fresh unused with original gum, $20 strong colour, well centred, very rare. Chan 227-248

Estimate
HK$30,000 to HK$35,000