5
            
            
              9
            
            
              10
            
            
              11
            
            
              12
            
            
              9
            
            
              1866 Shanghai Local Post, Candareen in the singular, laid paper, 4 cand yellow with huge margins and unmounted mint, fresh
            
            
              colour. Rare in this quality. Chow # 27, Chan LS10. Photo
            
            
              HK$ 50,000 - 60,000
            
            
              10
            
            
              1866 Shanghai Local Post Large Dragin Wove paper, Candareen in the singular 8 cand olive green, full margins and fresh. Chan
            
            
              LS14. Chow printing #32. Photo
            
            
              HK$ 3,200 - 3,600
            
            
              11
            
            
              1866 Shanghai Local Post Large Dragon, Roman 'I' type, 12 cands terra-cotta with full large margins, hinged and fresh. Chow #
            
            
              35, Chan LS24. Photo
            
            
              HK$ 6,000 - 7,000
            
            
              12
            
            
              1866 Shanghai Local Post Large Dragon, wove paper, 1 cand blue close margins, bottom frame rejoined by hinge paper. Chow #
            
            
              38. Photo
            
            
              HK$ 3,000 - 3,500
            
            
              13
            
            
              13
            
            
              1866 Shanghai Local Post, Candareens in the plural on laid paper, 2 cands black with char. Er (
            
            
              二
            
            
              ), huge margins and mint, fresh
            
            
              colour. One of the finest existing copies of this rare stamp. Chow # 40, Chan LS25. Photo
            
            
              HK$ 120,000 - 130,000