27
        
        
          Ex. 4176
        
        
          Ex. 4177
        
        
          Ex. 4178
        
        
          4174
        
        
          1947-8  Nice consignment balance of this area including 35th Ann. of "Double Ten"; International Labour Day set in blocks of 6;
        
        
          Factory Design surcharge double (x2) and inverted (block of 4) and many more. Mint, minor toning. Yang NE93-108, 120-122,
        
        
          131-133, 139-155, 155a, 155b. Photo
        
        
          HK$ 1,500 - 2,000
        
        
          4175
        
        
          1948 (July) Third surcharge with new values on Chairman Mao 2nd print complete set mint with hinge remains, additional $300 on
        
        
          $90 missing “300” surcharge and surcharge on back varieties. Yang NE113-119, 119c. Photo
        
        
          HK$ 1,200 - 1,500
        
        
          4176
        
        
          1947 (30 May) 22nd Anniversary of Nanking Road Incident complete set perf. and imperf., additional $2 imperf. pair, $30 imperf.
        
        
          pair on newspaper, $2 imperf. on newspaper with red missing, $30 imperf. single and pair on newspaper with printing varieties.
        
        
          Yang NE44-58, 51b, 55var. Photo
        
        
          HK$ 2,000 - 3,000
        
        
          4177
        
        
          1948 (October) Fourth surcharge with new values on Chairman Mao 3rd print complete set mint never hinged with numerous
        
        
          additional varieties including inverted surcharges, shifted surcharges, wrong characters in surcharges. A scarce assembly. Yang
        
        
          NE125-127, 126a,  126d, 126e, 127a. Photo
        
        
          HK$ 1,500 - 2,000
        
        
          4178
        
        
          1948 (November) Fifth surcharge with new values on Chairman Mao 1st print complete set with additional $1500 on $5 with
        
        
          dramatic pre-printing folds; 1949 (20 November) Sixth surcharge with new values on Chairman Mao 5th print complete set mint
        
        
          with additional $35000 on $300 detached strip of 3 with shifted surcharge, very fine mint. Yang NE128-130, 156-161. Photo
        
        
          HK$ 2,000 - 2,500
        
        
          Ex. 4179
        
        
          Ex. 4181
        
        
          Ex. 4180
        
        
          4182
        
        
          4179
        
        
          1950-1 Tien An Men 1st and 2nd print complete sets mint never hinged. Unissued $50,000 2nd print block of 4. A few duplicates
        
        
          with minor printing varieties. Minor toning. Yang NE162-184. Photo
        
        
          HK$ 1,000 - 1,200
        
        
          4180
        
        
          1947 Antung 2nd print, Chu-teh and Chairman Mao on calendar paper (x2) and newspaper, various hand surcharges including $100
        
        
          on $10 inverted, very fine mint. Yang NE256, 257, 272-274, 276, 277-279, 283a. Photo
        
        
          HK$ 2,000 - 2,500
        
        
          4181
        
        
          Chairman Mao 1st to 5th prints complete with numerous varieties, some of which are not listed in Yang catalogue including 1st
        
        
          print $2 horizontal strip of 10 imperf. between, horizontal pair imperf. between, vertical pair imperf. between, $10 vertical strip
        
        
          of 5 imperf. between; 3rd print $50 vertical strip of imperf. between x 2 and many more minor varieties. A scarce assembly. Yang
        
        
          NE1-8, 2b, 2c, 2var, 4var, 83-92, 91a, 92a, 109-112, 109var, 123-124, 134-138. Photo
        
        
          HK$ 5,000 - 6,000
        
        
          4182
        
        
          1951 Parcel Post stamps, railway design $100,000 perf., $300,000, $500,000 and $1,000,000 imperf. mint never hinged; small mark
        
        
          in top right corner of $500,000 otherwise very fine and rare. Yang NEP1, 5-7. Photo
        
        
          HK$ 5,000 - 6,000