7
        
        
          4023
        
        
          Ex. 4022
        
        
          4021
        
        
          1945 (December) Hopeh-Shantung-Honan Border Area Chairman Mao Hotseh print, 50c used. Rare. Yang NC244. Photo
        
        
          HK$ 3,000 - 3,500
        
        
          4022
        
        
          1946 (April) Victory Commemoration (small size) complete set with additional $1 imperf. horizontal pair x3 (2 mint, 1 used)
        
        
          vertical strip of 4 imperf. between (used), $10 vertical pair with pre-printing paper fold, mint minor toning on some values. Yang
        
        
          NC25-39, 25a, 25b, 30var. Photo
        
        
          HK$ 2,000 - 2,500
        
        
          4023
        
        
          1946 (September) First Anniversary of Victory over Japan $10 light blue mint and used; 1947 Second Anniversary of Victory over
        
        
          Japan $20 rose-red imperf. mint and used, $20 rough perfs mint and used. Yang NC227, 241, 241a. Photo
        
        
          HK$ 7,000 - 8,000
        
        
          Ex. 4024
        
        
          Ex. 4025
        
        
          Ex. 4026
        
        
          4024
        
        
          1947 (1 February) Chairman Mao with Harvest design issue complete set mint. Yang NC228-240. Photo
        
        
          HK$ 2,000 - 3,000
        
        
          4025
        
        
          1947 Hand and Machine surcharges on small Victory issue incomplete set mint with $300 on $30 inverted surcharge, mint minor
        
        
          toning on some values. Yang NC46, 47a, 50-52, 54-60, 57a, 64-66. Photo
        
        
          HK$ 2,000 - 2,500
        
        
          4026
        
        
          1948 (February) Chairman Mao perf. and imperf. complete sets with additional $100 vertical pair imperf. between, $200 vertical
        
        
          pair imperf. between, $500 vertical pair imperf. between, $1000 vertical and horizontal pairs imperf. between, $2000 vertical pair
        
        
          imperf. between (x2). Mint minor toning on some values. Yang NC68-80, 68a, 69a, 70a, 72a, 72b, 73a. Photo
        
        
          HK$ 2,500 - 3,000
        
        
          4027
        
        
          1948 (August) Ki-Tung Area, Military Post Office hand surcharge on large Victory issue $4; 1948 (19 December) New value
        
        
          surcharged on Military Post Office hand surcharge on small Victory issue incomplete set missing one value. Mint minor toning on
        
        
          some values, rare. Yang NC90, 99, 100, 102-104. Photo
        
        
          HK$ 3,000-4,000
        
        
          4028
        
        
          1948-9 Ploughing Farmer design complete with first and second surcharges, mint. Yang NC276-288. Photo
        
        
          HK$ 800 - 1,000