25
        
        
          Ex. 4161
        
        
          Ex. 4163
        
        
          Ex. 4162
        
        
          Ex. 4164
        
        
          Ex. 4165
        
        
          
            North-East China
          
        
        
          4161
        
        
          1946 Pen Ku Hu surcharged on Manchukuo stamps for new values in North East Currency, 20c on 3f to $6 on 30f complete set of
        
        
          18, with extra shades 20c on 30f, $1 on 12f and $1 on 12f block of 4, with bottom right stamp surch. double variety, mint and minor
        
        
          light toning. Yang NE201-18. Photo
        
        
          HK$ 1,600 - 2,000
        
        
          4162
        
        
          1946 Ximan Area complete mint with extra Dove of Peace, toning on some values. Yang NE319-325. Photo
        
        
          HK$ 800 - 1,000
        
        
          4163
        
        
          1946 (October) Antung 1st print, Chu Teh and Chairman Mao complete set mint, overall toning does not detract from the rarity
        
        
          of this set. Additionally $1 Chu-teh vertical pair imperf. between, $2 Chu-teh perforated twice at top, $2 Mao imperf.pair. Yang
        
        
          NE239-245. Photo
        
        
          HK$ 7,000 - 8,000
        
        
          4164
        
        
          1946-7  Nice consignment balance of this area including 10th Ann. of Seizure of Chiang-Kai-shek (x2) and $10 imperf. horizontal
        
        
          pair; Labour Day $30 imperf. pair on newspaper; 28th Ann. of Students' Movement in Peking imperf. pairs; 26th Ann. of Chinese
        
        
          Communist Party; 2nd Ann. of Japanese Surrender $30 imperf. pair and many more. Mint, minor toning.  Yang NE9-12, 12a, 17-26,
        
        
          28a, 30-32, 35a, 60-67, 69-72, 70a, 79-82. Photo
        
        
          HK$ 2,000 - 2,500
        
        
          4165
        
        
          1947 (7 February) 24th Anniversary of Massacre of Strikers at Cheng-chow Station complete set with additional $1 vertical strip of
        
        
          3 shifted perforations, $5 horizontal strip of 3 imperforate between (small ink stain on middle stamp), mint. Yang NE13-16, 13var,
        
        
          15var. Photo
        
        
          HK$ 1,000 - 1,200
        
        
          4166
        
        
          1947 (May) Surcharge with new values on Chairman Mao 1st print complete, additional $100 on $1 black surcharge inverted
        
        
          x 2,  $100 on $1 block of 4 and single black surcharge dramatically shifted, $100 on $1 black surcharge imperf. pair. 1947 (29
        
        
          August) Second surcharge with new values on Chairman Mao 1st print complete set mint, additional $5 on $1 block of 4 with black
        
        
          surcharge inverted, $5 on $1 green surcharge inverted, $5 on $1 red surcharge imperf. pair, $10 on $2 black surcharge horizontal
        
        
          pair imperf. between x 2, $10 on $2 imperf. blue surcharge inverted. Mint no gum as issued, fine to very fine, scarce assembly. Yang
        
        
          NE36-43, 40a, 40b, 40var, 73-78, 73a, 74a, 75a, 76var, 78b. Photo
        
        
          HK$ 6,000 - 7,000
        
        
          Ex. 4166
        
        
          Ex. 4167
        
        
          4168