£400 - £450
1910 (Feb.) Hong Kong 2c stationery envelope from Singapore to Germany, bearing Hong Kong KEVII 1c, 2c, and 5c, all tied by small Singapore double-ring d.s. and showing unframed "paquebot" h.s. (Hosking 3393, Proud SL6) on face; the cover with some adherences on reverse, nevertheless a scarce and attractive franking.
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