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1950, Tien An Men 3rd Issue (R3) complete (Yang R13-19. Scott 65-71), Post Office fresh and pristine, without gum as issued, Very Fine, a choice set. Scott $394 (HK$ 3,100). Est. HK$1,200-1,600
1950-51, Tien An Men 4th Issue (R4) complete (Yang R20-29. Scott 85-94), each with clean impression on immaculate paper; all nicely well-centered, without gum as issued, Very Fine. Scott $409 (HK$ 3,220). Est. HK$1,200-1,600
1951, Tien An Men 5th Issue (R5) complete (Yang R30-35. Scott 95-100), unused without gum as issued, the $100,000 has horizontal creasing at top, the others are Very Fine. Scott $6,597 (HK$ 51,940). Est. HK$15,000-20,000
1950, $20,000 on $10,000 East China stamp (SC2) (Yang SC7. Scott 30), fresh, bright and near-perfectly centered, without gum as issued, Very Fine, a lovely stamp. Scott $790 (HK$ 6,220). Est. HK$3,000-4,000
1950, $20,000 on $10,000 East China stamp (SC2) (Yang SC7. Scott 30), incredibly fresh and magnificently centered; extra line of ink in lower left margin from plate scratch, without gum as issued, Very Fine. Scott $790 (HK$ 6,220). Est. HK$2,400-3,000
1950, $20,000 on $10,000 East China stamp (SC2) (Yang SC7. Scott 30), fresh mint, without gum as issued, Fine to Very Fine. Scott $790 (HK$ 6,220). Est. HK$2,000-3,000
1950, Surcharges on N.E. China Sun Yat-sen (SC3) complete (Yang SC8-24. Scott 35-48), pretty set with clean to glowing paper, without gum as issued, Fine to Very Fine or better. Scott $413 (HK$ 3,250). Est. HK$1,000-1,600
1950, Surcharges on N.E. China Sun Yat-sen (SC3) complete (Yang SC8-24. Scott 35-48), with $100 on 4c orange brown type I, $400 on $20 olive type I, and $400 on $65 light green, without gum as issued, Very Fine and choice. Scott $1,662 (HK$ 13,090). Est. HK$4,000-5,000
