China 1866 (Shanghai) 12ca terracotta Antique/Roman numerals, 'Candareens' in the plural, wove paper, SG24 (Chan: LS24).
A very fine unused example with four large margins. Some splitting caused by framelines as usually seen with this colour shade.
The first postage stamps issued in China were those of the Municipality of Shanghai in 1865.
Stanley Gibbons catalogue value: £375.
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