7
        
        
          Ex. 4020
        
        
          4021
        
        
          4022
        
        
          4020
        
        
          1946 Small Victory $1 to $500 complete set of 15, mounted on page, unused and no gum as issued.
        
        
          
            Ex. Roland F. Lankester.
          
        
        
          Yang NC25-39. Photo
        
        
          HK$ 1,500 - 2,000
        
        
          4021
        
        
          1945 Hopeh-Shantung-Honan Border Area, Chairman Mao, Hotseh print, $50 red, unused and no gum as issued, very fine and
        
        
          rare.
        
        
          
            Ex. Roland F. Lankester.
          
        
        
          Yang NC244. Photo
        
        
          HK$ 20,000 - 25,000
        
        
          4022
        
        
          1945 Hopeh-Shantung-Honan Border Area, Hopeh-Shantung-Honan Border Area, Chairman Mao, Hotseh print, $50 red, used,
        
        
          very fine and rare.
        
        
          
            Ex. Roland F. Lankester.
          
        
        
          Yang NC244. Photo
        
        
          HK$ 8,000 - 9,000
        
        
          Ex. 4023
        
        
          Ex. 4024
        
        
          4023
        
        
          1946  Chin-Ki-Lu-Yu Border Area, Bird on Globe, Ten Cents in value, imperf. 20c to $10 complete set of 6, plus extra shades of
        
        
          50c deep blue x 2, unused and no gum as issued.
        
        
          
            Ex. Roland F. Lankester.
          
        
        
          Yang NC187-192. Photo
        
        
          HK$ 2,500 - 3,000
        
        
          4024
        
        
          1946  Chin-Ki-Lu-Yu Border Area, Bird on Globe, Ten Cents in value, rouletted perf. 20c to $10 complete set of 6, plus extra 20c
        
        
          and 50c used.
        
        
          
            Ex. Roland F. Lankester.
          
        
        
          Yang NC193-198. Photo
        
        
          HK$ 3,000 - 3,500
        
        
          4025
        
        
          1946  Chin-Ki-Lu-Yu Border Area, Bird on Globe, Ten Cents in value, rouletted perf. 20c to $2 short set of 4, all used tied by
        
        
          char. 'HONAN' cds. Fine used.
        
        
          
            Ex. Roland F. Lankester.
          
        
        
          Yang NC193-196. Photo
        
        
          HK$ 2,000 - 2,400
        
        
          4025