The 2026 June Auction - Sale 347 (June 20 - June 23, 2026)
Sale 347
- PRC (1120) Apply PRC filter
- Imperial Post (475) Apply Imperial Post filter
- Banknotes (442) Apply Banknotes filter
- 1912-1949 ROC (370) Apply 1912-1949 ROC filter
- Liberated Area (355) Apply Liberated Area filter
- Hong Kong (322) Apply Hong Kong filter
- Macau (162) Apply Macau filter
- Coins and Medals (144) Apply Coins and Medals filter
- All China (110) Apply All China filter
- Taiwan (104) Apply Taiwan filter
- Foreign PO in China (27) Apply Foreign PO in China filter
- Local Post (27) Apply Local Post filter
- Worldwide (25) Apply Worldwide filter
- Provincial Issues (13) Apply Provincial Issues filter
- Japanese Occupation (12) Apply Japanese Occupation filter
- Asia (11) Apply Asia filter
- Customs Post (11) Apply Customs Post filter
- Japan (2) Apply Japan filter
- Literature (2) Apply Literature filter
- Korea (1) Apply Korea filter
- Hong Kong, China & Worldwide Coins and Banknotes (447) Apply Hong Kong, China & Worldwide Coins and Banknotes filter
- Internet Auction - Currency (146) Apply Internet Auction - Currency filter
- Internet Auction - Stamps (422) Apply Internet Auction - Stamps filter
- Memorial House Collection of Classic Hong Kong Pictorial Postcards (143) Apply Memorial House Collection of Classic Hong Kong Pictorial Postcards filter
- Mr. Patrick Choy’s Collection of International Large Gold Silver Yuan Stamps and Postal History (103) Apply Mr. Patrick Choy’s Collection of International Large Gold Silver Yuan Stamps and Postal History filter
- The General Sale (1393) Apply The General Sale filter
- The People’s Republic of China & Liberated Areas Stamps and Postal History (1331) Apply The People’s Republic of China & Liberated Areas Stamps and Postal History filter
franked with a horizontal pair of “Sui (III)” postage meter labels, each of 20 fen, tied by Canton cds, paying the correct foreign airmail rate of 40 fen. Of particular interest is the tete-beche configuration of the meter labels, with the two impressions printed inverted relative to each other, forming a striking positional variety. This represents a highly unusual production error in the printing process, most likely caused by irregular paper feed or mechanical malfunction, and is rarely encountered on postally used material. According to records, only three such tête-bêche meter label covers are known, all produced by the “Sui (III)” machine and printed on paper bearing the “中華郵政” background imprint. The present example, clearly struck and correctly rated, vividly illustrates this exceptional printing anomaly and is of considerable importance for the study of postage meter operations and postal practice during the Silver Yuan period, with strong postal history and exhibition significance.
franked with a “Sui (IV)” postage meter label of 15 fen and four 10 fen Dr. SYS unit stamps, tied by Kutsing cds, paying the correct foreign airmail rate of 55 fen. This cover, addressed to Latin America, represents a highly unusual destination during the Silver Yuan period, reflecting the limited but significant long-distance postal connections from South China to Central and South America in the immediate post-war era. The combined use of postage meter label and adhesive stamps illustrates the flexible franking practices adopted under conditions of irregular postal supply. According to records, only one such Silver Yuan postage meter cover to Latin America has been recorded. The present example, clearly struck and correctly rated, is a unique survivor, offering important insight into foreign airmail rates, transoceanic routes, and practical meter usage in this transitional postal period, and is of considerable postal history and exhibition significance.
franked with two Silver Yuan unit stamps and additionally bearing a 10 fen Chinese National Currency (CNC, 1940 issue) stamp erroneously accepted as Silver Yuan currency, making a total postage of 20 fen, tied by Yungning cds, and arriving Shapingpa on Oct 16, 1949. The franking correctly pays the domestic rate of 20 fen, comprising 5 fen letter rate plus 15 fen registration fee. Of particular interest is the incorrect use of a CNC stamp as Silver Yuan currency, forming a rare mixed franking of different currency systems, illustrating the practical confusion and transitional usage during the early Silver Yuan period. According to records, such mixed CNC and unit stamp combination covers are extremely rare, possibly unique. The cover bears clear despatch and arrival markings, and vividly demonstrates postal operations during the currency transition period, offering significant postal history and exhibition value for the study of early Silver Yuan domestic rates and stamp usage.
bearing a total of sixteen stamps, tied by Sining cds. The franking includes ten Gold Yuan stamps with a total face value of 5,000,000, converted at the contemporary rate to 64 fen in Silver Yuan currency, together with six Revenue Surcharged Silver Yuan stamps totaling 51 fen, making an overall postage of 115 fen. This correctly pays the foreign double-weight registered airmail rate applicable to the Northwestern region for the period Jul 5 to Sep 5, 1949. Of particular significance is the mixed franking of Gold Yuan and Silver Yuan issues, clearly illustrating the transitional currency conversion practices during a period of rapid monetary change, especially as applied in the Northwestern postal system. Such international registered airmail covers bearing mixed currency franking are of extreme rarity, with only one recorded example. The cover shows clear cancellations and a complete rate structure, providing an outstanding illustration of postwar currency reform, exchange conversion, and long-distance airmail operations, and is of considerable importance for postal history study and exhibition.
On obverse are one domestic unit stamp and one registration unit stamp totaling 16 fen in Silver Yuan currency and on reverse are twenty-four Gold Yuan stamps with a total face value of 1,200,000, converted at the contemporary rate (100,000 to 1 fen) to 12 fen. The total postage of 28 fen correctly pays the domestic double-weight registered rate, comprising double-weight letter postage plus registration fee, for the period Apr 29 to Jul 31, 1949. Tied by Anshun cds dated May 24, 1949, and arrived Chungking on May 29. Of particular significance is the mixed use of Silver Yuan and Gold Yuan stamps with a clearly defined conversion, illustrating the postal accounting and currency conversion practices during the period of rapid Gold Yuan devaluation. The cover shows complete transit characteristics with clear cancellations and arrival date, and represents an important example for the study of domestic postal rates, currency conversion, and regional postal operations during the concurrent use of Silver Yuan and Gold Yuan systems.
On obverse is a single unit stamp paying the registration fee 12 fen, while on reverse are twelve Gold Yuan stamps totaling $600,000, which at the prevailing conversion rate of $150,000 fen to 1 Silver Yuan equals 4 fen, making a total postage of 16 fen. The franking correctly pays the domestic registered rate, comprising the basic letter rate plus registration fee (rate period Apr 49 to Jul 31, 1949). Tied by Pingyueh cds dated 38.5.25 and arriving Chungking on May 29, 1949. This cover is of particular importance for its mixed franking of Silver Yuan and Gold Yuan stamps with a clearly defined conversion, illustrating the practical postal accounting and currency transition under conditions of rapid Gold Yuan devaluation. It provides a representative example of regional postal operations and rate application during the concurrent use of dual currency systems, and is of significant postal history and exhibition value.
bearing five 10 fen “Foochow” machine overprinted Silver Yuan stamps On obverse, and on reverse eight Gold Yuan stamps totaling $400,000, tied by Foochow cds. The cover was routed via Canton (1949-07-27) and Hong Kong (1949-07-29) before onward transmission to Germany. The Gold Yuan franking, at the prevailing conversion rate of $80,000 to 1 Silver Yuan fen, equals 5 fen, which together with the 50 fen basic postage On obverse makes a total of 55 fen, correctly paying the foreign airmail rate from Foochow (rate period Jul 5 to Aug 17, 1949). This cover is of particular importance for its mixed franking of “Foochow” machine overprinted Silver Yuan stamps and Gold Yuan stamps with a clearly defined conversion, fully illustrating the postal rate structure and practical operations during the concurrent circulation of dual currency systems. According to records, this is the only known example of such a combination on an international airmail cover. With clear cancellations and complete transit route, it holds significant postal history and exhibition value for the study of post-war currency transition, rate conversion, and international mail routes.
bearing a total of ten stamps, comprising six Silver Yuan unit stamps totaling 12 fen and four Gold Yuan stamps totaling $2,000,000. At the prevailing conversion rate of $250,000 to 1 Silver Yuan fen, the Gold Yuan franking equals 8 fen, making a total postage of 20 fen, correctly paying the domestic registered rate (rate period Aug 1 to Dec 8, 1949). Tied by Shihwantan cds dated 38.9.4 and arriving Chungking on Sep 9, 1949. This cover is of particular importance for its mixed franking of Silver Yuan and Gold Yuan stamps used at a very late stage, after the cessation of sale (July 20) and official invalidation (July 23) of Gold Yuan stamps. It represents an extremely late and rare practical usage, reflecting continued local postal acceptance and conversion handling under conditions of rapid currency transition. According to records, such late mixed-franking covers are exceedingly rare, and this example is regarded as one of the last recorded usages. It holds significant postal history and exhibition value for the study of post-war currency reform, rate conversion, and postal operations in the Southwest region.
According to regulations, airmail surcharge was exempt but surface postage was required; the cover was therefore treated as postage due and struck with “Postage Due T” markings. Upon arrival in Shanghai on May 12, 1949, the post office affixed Gold Yuan stamps totaling $158,000 (equivalent to approximately 4 fen Silver Yuan at the prevailing conversion rate) to collect the deficiency, with triangular postage due handstamps and manuscript indication of the amount due. The addressee apparently refused delivery, and the cover was subsequently marked “Cancelled” and returned, arriving back in Tsingtao on Jun 16, 1949, by which time it had come under Communist control. The cover bears Dr. SYS Gold Yuan stamps together with surcharged revenue issues, and is struck with multiple postage due and cancellation markings, clearly illustrating the transitional postal practices during the changeover between Nationalist and Communist administrations. The round-trip routing across both postal systems, combined with the coexistence of military mail privilege and postage due treatment, makes this a very rare and important postal history item, of significant value for the study of post-war postal transition, military mail regulations, and postage due handling. Accompanied by a 2002 Experts & Consultants Limited certificate.
bearing four 4 fen revenue surcharged stamps overprinted in red with the local post office name “Tzelutsing,” totaling 16 fen, tied by Tzelutsing cds. The cover was routed via Chungking (Aug 16, 1949 transit) and arrived at Lanchow on Sep 11, 1949. The franking correctly pays the domestic airmail rate of 15 fen for the period Aug 1 to Dec 5, 1949, with a slight overpayment of 1 fen. Of particular significance is the use of locally overprinted revenue surcharges inscribed “Tzelutsing,” representing a provisional and highly localized postal issue of great rarity. This is believed to be the only recorded commercial cover carried across both Nationalist (KMT) and Communist (CCP) postal territories. Posted in a KMT-controlled area, the cover transited Chungking before entering CCP-controlled Lanchow, clearly illustrating the continuity and transition of postal operations during the change of regimes. As Tzelutsing had no airport facilities, the cover was first dispatched to Chungking to access airmail service; however, prior to the fall of Lanchow in late August 1949, all aviation facilities had been withdrawn. Consequently, although sent at the airmail rate, the cover was ultimately conveyed by surface mail, creating a notable discrepancy between paid service and actual transmission. With its complete routing and exceptional postal features, this cover holds considerable importance for the study of post-war postal operations in Southwest China, local provisional overprints, and cross-regime mail routes, and possesses outstanding exhibition value.
bearing two Silver Yuan stamps paying the postage, tied by Kushui cds and arriving Taipei on Sep 26, 1949. The franking correctly pays the domestic airmail rate of 15 fen. Of particular significance is that the cover originated from a recently Communist-controlled area lacking aviation facilities, yet was successfully transmitted as an airmail item to Taiwan. It is believed to have been forwarded through war-zone routes to Canton or Hong Kong, where it entered the Nationalist-operated air network (CNAC or CAT) for onward transmission. Such cross KMT - CCP territorial airmail covers reaching Taiwan are very rare, vividly illustrating the disruption and provisional adaptation of postal routes during the late Civil War period. With a transit time of approximately 13 days and a complete route, the cover represents an important postal history item for the study of wartime airmail operations, transitional cross-regional postal arrangements, and early cross-strait postal communications.
bearing seven stamps, tied by Tuhshan cds and arriving Chungking on Jul 7, 1949. On reverse are five Express Registered Unit stamps (16 fen each) and two Registered Unit stamps (12 fen each), making a total franking of Silver Yuan 104 fen. The postage is correctly composed of the domestic letter rate 4 fen, express fee 4 fen, double registration fee 24 fen, and insurance fee 72 fen (calculated at 2% of the declared value of $36), fully conforming to the inland insured registered express rate in force at the time. A value declaration post mark is present, indicating formal handling under the insured mail system. Of particular significance is the complete and precise representation of a complex high-value postal rate structure in the immediate post-war period, combining express, double registration, and insurance services, all accurately paid by unit stamps. Such insured covers are rare, with only four examples recorded, and this item is of considerable importance for the study of inland postal rates, insured mail procedures, and high-value postal operations of the period.
