Auction #14 of China, Hong Kong, Japan and Other Asia Stamps and Postal History

Japanese Occupation of North China, 1945, Dr. Sun Yat-sen, Hsin Min New Peking printing, $5 and $20, imperf (Chan JNU53a, JNU54Aa. China Stamp Society NC266a, NC268a), horizontal pairs, without gum as issued, fresh, Very Fine, a scarce pair of imperfs.
Estimate HK$ 1,500 - 2,000.