12
        
        
          4050
        
        
          4051
        
        
          Ex. 4052
        
        
          4050
        
        
          1947 Small Victory $1 dull red imperf. horizontal pair with imperf. between variety, used.
        
        
          
            Ex. Roland F. Lankester.
          
        
        
          Yang
        
        
          NC25c. Photo
        
        
          HK$ 800 - 1,000
        
        
          4051
        
        
          1947 Small Victory $50 red imperf. Unused and no gum as issued.
        
        
          
            Ex. Roland F. Lankester.
          
        
        
          Yang NC35b. Photo
        
        
          HK$ 800 - 1,000
        
        
          4052
        
        
          1947 Surcharge on large size Victory, $100 on $4 vermilion x 2, unused and no gum as issued, fine. Yang NC43-44. Photo
        
        
          HK$ 500 - 600
        
        
          Ex. 4053
        
        
          4054
        
        
          4053
        
        
          1947 Chin-Ki-Lu-Yu- Border Area, Chairman Mao with Harvest design, $2 to $500 complete set of 13, hinged on page, unused
        
        
          and no gum as issued. Very fine.
        
        
          
            Ex. Roland F. Lankester.
          
        
        
          Yang NC228-240
        
        
          HK$ 7,000 - 8000
        
        
          4054
        
        
          1947 Chairman Mao with Harvest design, $2 deep brown large block of 15, damaged at the top left stamp, used on cover front,
        
        
          tied by char. 'SHANSI' cds, very rare.
        
        
          
            Ex. Roland F. Lankester.
          
        
        
          Photo
        
        
          HK$ 3,000 - 4,000
        
        
          Ex. 4055
        
        
          4056
        
        
          4055
        
        
          1947 Chairman Mao with Harvest design, $10 emerald x 2, one with perf. 10 and $50 orange perf. 10, all used.
        
        
          
            Ex. Roland F.
          
        
        
          
            Lankester.
          
        
        
          Yang NC230, 230a, 235a Photo
        
        
          HK$ 1,500 - 2,000
        
        
          4056
        
        
          1947 Chairman Mao with Harvest design, $50 orange, fine used. Yang NC235. Photo
        
        
          HK$ 1,200 - 1,400