CHINA. Reformed Government of China. Fen, Year 29 (1940). PCGS Genuine--Environmental Damage, VF Details.
KM-Y-A522; Hsu-421; JNDA-23-4. A RARE Japanese Occupation issue of the Second Sino-Japanese War. A thinly encrusted Fen with the basic details still visible.
Estimate: $150 - $300