18
            
            
              99
            
            
              100
            
            
              99
            
            
              1896 Nanking Local Post 1st issue 2c grey green, complete sheet 5 x 5 with complete sheet margins, dry gum and a few tone spots
            
            
              on back. Chan LN3. Photo
            
            
              HK$ 3,500 - 4,000
            
            
              100
            
            
              1896 Nanking Local Post 1st issue 3c orange yellow, complete sheet 5 x 5 with complete sheet margins.  A few tone spots on back.
            
            
              Chan LN4. Photo
            
            
              HK$ 4,000 - 4,500
            
            
              101
            
            
              1896 Nanking Local Post 1st issue 4c claret, complete sheet 5 x 5 with complete sheet margins, dry gum. Chan LN5. Photo
            
            
              HK$ 4,500 - 5,000
            
            
              102
            
            
              103
            
            
              102
            
            
              1896 Nanking Local Post 1st issue 5c violet, complete sheet 5 x 5 with complete sheet margins, dry gum and light toning on back.
            
            
              Chan LN6. Photo
            
            
              HK$ 5,000 - 5,500
            
            
              103
            
            
              1896 Nanking Local Post 1st issue 10c deep green, complete sheet 5 x 5 with complete sheet margins, dry gum and light toning on
            
            
              back. Chan LN7a. Photo
            
            
              HK$ 6,000 - 6,500
            
            
              104
            
            
              1896 Nanking Local Post 1st issue, 20c brown complete sheet 5 x 5, few tone spots on back and with a few hinges, fine. Chan LN8.
            
            
              Photo
            
            
              HK$ 5,500 - 6,000
            
            
              101
            
            
              104