CHINA (Japanese Occupation): Manchukuo, 1934, Second Definitive Series Regular Issue, ½f to 1y complete (Scott 23-31. Chan MK23-31. J.S.C.A. 23-31), blocks of 4, original gum, never hinged, a simply magnificent set of this difficult, "key" issue, routinely fresh and pristine, Extremely Fine, a wonderful lot!
Estimate HK$ 50,000 - 60,000.