Lot# 5227

The 2025 December Auction - Sale 346 (December 13 - December 16, 2025)   December 13 - December 16 2025, Hong Kong

Lot# 5227
Starting Price: 100,000 HK$
Hammer Price: 110,000 HK$
1897 Red Revenue Surch. $5 (Chan 91),

unused without gum as usual, sharp colour and good perforation, one of the rariest philatelic items of classic Chinese philately. VF-F.