Large Dragons storm Hong Kong Asian postal history sale

Large Dragon stamps set estimates ablaze in an important Asian postal history auction in Hong Kong

An important Asian postal history auction saw a collection of Large Dragon stamps smash estimates in Hong Kong on April 28-May 1.

1883-1885 Large Dragon pairing

The Large Dragon was the first stamp to be issued following the Imperial Marine Customs Post being opened to the general public in China.

Denominated in candarins and issued in values of one, three and five, the 1878 Imperial Dragon was China's first ever postage stamp.

The top-lot of the sale went to an imperforate between pair of 1883-1885 Large Dragon Brown-Red colour stamps. The lot is one of only four known imperforate between pairs of the 3 candarin stamp.

In used condition and from an unknown setting, the stamps made HK$1.84m ($237,166), 84% up on its pre-sale estimate.

The second highest bids were taken by a Large Dragon cover from 1883. Dated September 6, the envelope from Schonfliess, Germany is one of only two recorded Germany-China combination covers.

The envelope is addressed to the German Legation in Peking and bears the hand-stamp of Rudolph Rohr, a prominent stamp dealer in Berlin. This outstanding cover sold for HK$1.75m ($22,620) in the four-day sale.

Also featuring were the highly coveted Red Revenue stamps, with an 1897 double surcharge Red Revenue making HK$1.15m ($148,227). One of only 20 known examples with the double surcharge, this example is the one illustrated in the Chan Shiu-Han catalogue.

The record for a Red Revenue stamp at auction currently stands at $331,672, the highest price known to have been paid for a single Chinese stamp.

Paul Fraser Collectibles is passionate about stamp collecting. Our superb collection of rare stamps features this Hong Kong 96c Olive-Bistre block of four, the only unused multiple of its kind and a unique addition to any Chinese collection.

Recent and related articles

·  Rare fancy town cancellation up 3,400% in US postal history sale | 1 May 2012

·  Stamps versus Stocks: The historic truth | 12 April 2012

·  Chinese Year of the Monkey stamps set to exceed $150,000 estimate | 9 April 2012

Your collecting

View our stock items for sale  |  How to start a collection

Guides and analysis

Investing in Stamps  |  10 reasons to invest in collectibles  |  Market information & demographics

www.paulfrasercollectibles.com

Images: Interasia Auctions