China, 1912 Commemorating the Revolution and the Republic 1c. to $5, both sets, fine and fresh unused with much original gum, the Republic $1 and $2 have part offset from album page. Chan 184-207.
Estimate 7,000 - 9,000 Est. HK$7,000-9,000 (Image1)

Est. HK$7,000-9,000

China, 1912 Commemorating the Revolution and the Republic 1c. to $5, both sets, fine appearance unused mostly with part to much original gum, small faults. Chan 184-207.
Estimate 5,000 - 6,000 Est. HK$5,000-6,000 (Image1)

Est. HK$5,000-6,000

China, 1912 Commemorating the Revolution 1c. to $5, fresh appearance unused with much original gum which is toned including the dollar values. Chan 184-195.
Estimate 3,500 - 4,000 Est. HK$3,500-4,000 (Image1)

Est. HK$3,500-4,000

China, 1912 Commemorating the Republic 3c. blue -green and 1912 "Republic of China" Statistical Department overprint 1c. ochre on 1913 (9 May) postcard to Germany via Shanghai (14.5), cancelled by "Amoy" bilingual c.d.s., fine mixed issue usage. Chan 153, 198.
Estimate 1,500 - 2,000 Est. HK$1,500-2,000 (Image1)

Est. HK$1,500-2,000

China, 1916 prepared for use but not issued Hung Hsien commemoratives 5c. to 10c. overprinted "Specimen", fine and fresh unused with part original gum. Chan AP1-AP3.
Estimate 7,000 - 9,000 Est. HK$7,000-9,000 (Image1)

Est. HK$7,000-9,000

China, 1913 London printing ½c. to $10, fine and fresh appearance unused with much original gum, some traces of glazing from protective mounts, the 50c. has toning at lower right. Chan 208-226.
Estimate 7,000 - 9,000 Est. HK$7,000-9,000 (Image1)

Est. HK$7,000-9,000

China, 1913 London printing ½c. vertical interpanneau pair with top stamp imperf. in margin at foot, 1c. horizontal interpanneau pair with left stamp imperf. in margin at right and interpanneau block of four with right vertical pair imperf. in margin at left, fine appearance unused with much original gum, the first two have tones and the last has glazing from protective mount. Chan 208d var, 209e, var.
Estimate 3,500 - 4,000 Est. HK$3,500-4,000 (Image1)

Est. HK$3,500-4,000

China, 1914-19 Junk First Peking Printing $2 black and blue, variety centre inverted, bright colours, well centred for this, just to lower right, fine unused with large part to much original gum, inconsequential glazing from hinge remainders, a fine example of this rare and popular inverted centre. Chan 245a.
Estimate 600,000 - 800,000

Provenance: Colonel E.H.R. Green, J.C. Morgenthau (New York), 18-26.1.1944, lot 1262 which realised $207.
Dr. Warren G. Atwood, Harmer, Rooke & Co. (New York), 7-8.10.1952, lot 328 which realised $330. Est. HK$600,000-800,000 (Image1)

Est. HK$600,000-800,000

China, 1914-19 First Peking printing $20 black and yellow, dazzling colour, near perfect centring within large margins, fine to very fine and fresh unused with part to large part original gum, two small areas at foot with traces of gum thinning. Chan 248.
Estimate 20,000 - 25,000 Est. HK$20,000-25,000 (Image1)

Est. HK$20,000-25,000

China, 1923-33 Second Peking printing ½c. to $20, mainly fine unused with large part to much original gum, small gum faults or disturbances, the $20 has light horizontal crease. Chan 249-272.
Estimate 5,000 - 6,000 Est. HK$5,000-6,000 (Image1)

Est. HK$5,000-6,000

China, 1923-33 Second Peking printing ½c. to $20, mainly fine unused with large part to much original gum, some have varying degrees of toning on gum. Chan 249-272.
Estimate 5,000 - 6,000 Est. HK$5,000-6,000 (Image1)

Est. HK$5,000-6,000

China, 1923-33 Second Peking printing $10 rosy mauve and green and $20 blue and plum, both with sheet margin at top showing imprint, fine to very fine and fresh unused, the $10 stamp unmounted mint and the $20 with much original gum (a few tiny black marks on gum with no consequence). Chan 271, 272.
Estimate 3,500 - 4,000 Est. HK$3,500-4,000 (Image1)

Est. HK$3,500-4,000

China, 1923-33 Second Peking printing $20 blue and plum, fine to very fine unused with part original gum. Chan 272.
Estimate 2,500 - 3,000 Est. HK$2,500-3,000 (Image1)

Est. HK$2,500-3,000

China, 1923-33 Second Peking printing, the experimental printing on German watermarked paper 1c. ochre, bright colour, centred to top, fine unused with part to large part original gum. Chan 250E.
Estimate 12,000 - 15,000 Est. HK$12,000-15,000 (Image1)

Est. HK$12,000-15,000

China, 1923-33 Second Peking printing, the experimental printing on German watermarked paper 4c. olive-green, fine and fresh unused without gum. Chan 255E.
Estimate 10,000 - 12,000 Est. HK$10,000-12,000 (Image1)

Est. HK$10,000-12,000