£1,100
1938-41 Dr Sun Yat-sen third issue $5, six mint imperforate sheets of fifty without gum, each with two vertical folds between stamp columns 3/4 and 7/8, from the unfinished sheets looted from the Chung Hwa Book Co. printing works in Hong Kong, unusual in such a large multiple. Mentioned as a footnote by Gibbons below S.G. 475. (6 mint sheets).
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