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Auction: CSS122A - The Philatelic Collector's Series Sale
Lot: 41

China
Municipal Posts
Shanghai
Shanghai Light Horse Postal Service: 1922 50c carmine, depicting Cavalryman on horseback, inscribe ''S.L.H./ POSTAL SERVICE/ HUNG JAO/ 1922'', no watermark, perf 12 1/2, part sheet of thirty (5x6) with part marginal selvedge at left, right and foot, unused with original gum, extensively creased with much splitting between the stamps, BPA certificate included.

Estimate
HK$200,000 to HK$300,000

Starting price
HK$200000