72
            
            
              453
            
            
              454
            
            
              458
            
            
              453
            
            
              1902-03 Coiling Dragon no watermark, 5c horiz. pair imperf. between. No gum. Chan 121c. Photo
            
            
              HK$ 2,000 - 2,500
            
            
              454
            
            
              1902-03 Coiling Dragon 5c orange vert. pair imperf. between, lower stamp thin bottom left corner, with tone spot on gum. Chan
            
            
              121c. Photo
            
            
              HK$ 1,500 - 2,000
            
            
              455
            
            
              1902-03 Coiling Dragon 10c deep green horiz. pair imperf. between. lightly hinged and dry gum. Chan 122e. Photo
            
            
              HK$ 3,000 - 3,500
            
            
              456
            
            
              1902-03 Coiling Dragon 50c yellow green, imperforate top interpanneau margin variety, original gum, rare. Chan 125var.
            
            
              
                Provenance:Sotheby’s Oct 1997
              
            
            
              . Photo
            
            
              HK$ 18,000 - 20,000
            
            
              457
            
            
              1902-03 Coiling Dragon no watermark Flying Geese $1 x 2, both hinged, full original gum. Photo
            
            
              HK$ 2,500 - 3,000
            
            
              458
            
            
              1902-03 Coiling Dragon no watermark, $1 red & pale rose with top margin, tone spot on both sides, light hinge. Chan 126.
            
            
              Photo
            
            
              HK$ 1,300 - 1,500
            
            
              459
            
            
              460
            
            
              462
            
            
              464
            
            
              459
            
            
              1902-03 Coiling Dragon no watermark, $1 Flying Geese, mint, heavy hinge and tear at top. Chan 125. Photo
            
            
              HK$ 600 - 700
            
            
              460
            
            
              1902-03 Flying Geese, $2 carmine and yellow unmounted and dry gum, crease line on back. Chan 127. Photo
            
            
              HK$ 2,000 -2,200
            
            
              455
            
            
              456
            
            
              Ex.457
            
            
              Ex.463
            
            
              461