99
        
        
          603
        
        
          604
        
        
          603
        
        
          1912 Waterlow and Son opt. 'ROC' on Coiling Dragon 3c blue green interpanneau block of 70, very fresh on both sides and
        
        
          unmounted, slightly reinforced perf. at left side. Chan 172. Photo
        
        
          HK$ 8,000 - 10,000
        
        
          604
        
        
          1912 Waterlow and Sons opt. 'ROC' on Coiling Dragon 7c crimson top block of 20, with paper stuck on back and perf. partially
        
        
          split and folded. Mint. Chan 175. Photo
        
        
          HK$ 1,400 - 1,600
        
        
          605
        
        
          1912 Local overprinted ‘ROC’ on CIP Coiling Dragon 2c, 3c x 2, opt, in red and black , one used on piece, and 5c, all used,
        
        
          issued by Ting Yuek Post Office, with an official letters sent to Mr. Liang by a Customs Shanghai. And a card with contents about
        
        
          the stamps privately surcharged at Ting Yuek by the post office. fine,
        
        
          
            Ex Meiso Mizuhara. collection.
          
        
        
          Photo
        
        
          HK$ 4,000 - 5,000
        
        
          Ex. 605
        
        
          606
        
        
          1912 Waterlow and Son opt. 'ROC' on Flying Geese $1 red and pale rose, basic stamp retouched 'One' variety unmounted and Flying
        
        
          Geese $2 carmine and salmon, basic stamp retouched 'Two' variety, mint full original gum, very fine. Chan 181a, 182a. Photo
        
        
          HK$ 28,000 - 30,000
        
        
          607
        
        
          1912 Local overprinted 'ROC' on Coiling Dragon 1/2c and 3c, Hwangtu opt. fine used. Chan RLKS.1A.1, RLKS.1A.4. Photo
        
        
          HK$ 800 - 1,000
        
        
          606
        
        
          607