Watch List notes:

Lun Tai Mutual Fire & Marine Insurance Company Limited, fire insurance policy with a sum insured of $2000, dated 13th February 1944 to 13th February 1945, policy number 464, stamped with a chop of 50 sen and 10 avos for stamp duty. About Extremely Fine, stains and foxing. Compared to similar items, this example is of particular interest because it was issued during the Japanese occupation of Hong Kong (hence the 50 sen stamp), but the insured address is in Macau, original receipt and envelop also included, thus rare.

Estimate: 1500 - 3000