1863-71 Hong Kong 96c olive-bistre valued at $52,000

An 1863-71 Hong Kong 96c olive-bistre could make $38,669-51,558 at InterAsia Auctions November 4 sale in Hong Kong.

The rare lot is set to lead a selection of Hong Kong & Treaty Ports stamps.

Hong Kong olive
The Hong Kong olive-bistre stamps were issued in 1863

Hong Kong issued its first ever stamps in 1862, with denominations running from 2c through to 96c. The lack of demand for the latter issue meant that replacements were not printed until 1864.

However, they were printed in the wrong colour (olive-bisque rather than brown) - something the post office failed to notice until they were needed.

The present lot is one of 48 surviving examples. An exceptional specimen sold for $889,765 last year.

We have a unique block of four 96c olive-bisque stamps - the rarest and most important piece of Hong Kong philately in existence.  

Other lots in the sale include an 1870 cover bearing an 1863-71 12½ perforation 4c stamp that carries an estimate of $19,334-25,779.

It's regarded as the finest cover to feature the stamp, which - along with the 96c - was part of the region's first issue.

We have an exceptional selection of rare stamps available, why not take a look?

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