Watch List notes:

CHINA, East China People's Post, Seventh Anniversary of Shandong Communist Postal System, $5, block of 10 with large character O/P (obliterate Japanese flag), imperf. at top two stamps in block (SG EC325var.); North China People's Post, O/P $12 on $200 carmine (3), (SG NC260); others (12), uncertain portraying Wang Mang spade money various denominations; Local post Kewkiang O/P 1/2, 1 and 2 cents, last as vertical pair (illustrated) (SG 18-20); China Republic, set of Marshall hang Tso-lin posted at Harbin (SG 372-375) 4 and 109 cent with red O/P for Manchuria (SG 21-24); Manchuria, Kirin and Heilungkiang. Mausoleum set with O/P 1929 (SG 29-32) used (SG 32 illustrated); together with covers from Hong Kong (10) c.1970s-1980s. MUH, mint and used. (35)

Ex Hong Kong Stamp & Coin Dealers Association, (lot 531); last lots from Philas House Sale 110, 9 March 2013 (lot 2278).