1948 Dr Sun Yat-sen $7000 Red China MH

sun yat-sen China $7000 Red 1947 MH

1948  Dr Sun Yat-sen $7000 Red China  MH

Text:           7,000$ China

Condition:    MNH

Title:   Dr. Sun Yat-sen 

Face value:     7000

Stamp Currency:         $ Chinese

Country/area:                     China (1878-1949)

Year:   1948-03-20

Set:     1948  Dr. Sun Yat-sen 

Stamp number in set:           1

Basic colour:      Red

Exact colour:      

Usage:                           Definitive

Type:               Stamp

Theme:           Dr. Sun Yat-sen 

Stamp subject:   Dr. Sun Yat-sen 

NVPH number:                     

Michel number:         IM  797

Yvert number:                        CN  576

Scott number:                         754

Stanley Gibbons number:    964

Printing office:          

Perforation:    L 14

Size:               

Watermark:    

Paper:            

Printing:             Recess

Buy Now:        Bid Now:

Dr. Sun Yat-sen 

Ninth issue

The ninth issue was recess printed by the Dah Tung Printing Works in Shanghai where better facilities were available; this is reflected in the improved general appearance of the stamps. This issue, whose release began 1946-07-23. Stamps in this set can be recognized by the somewhat water-drop shape of the Arabic value tablets in the bottom corners of the stamps. These stamps were perforated 14, and issued without gum; nevertheless different papers and printing conditions give rise to several varieties. The eleven values in this set range from $20.00 to $5000.00. The usual range of surcharges exists.

Tenth issue

The tenth issue was once again printed in London by the De La Rue Co. It was released in May 1947, and is identified by the torches on either side of the portrait. Only four stamps are in this set. The lowest value, the $500.00 olive green is monocoloured, the other three ($1,000.00, $2,000.00 and $5,000.00) are bi-coloured. All the values have perforation varieties. The only overprint on this issue is the 2 silver cents on $500.00 for West Sichuan produced in 1949. It has four recognized varieties.

Eleventh issue

The eleventh issue is known as the "Plum Blossom" issue, and was also engraved and produced by the Dah Tung Book Co. in Shanghai. In this set the Arabic value is at the lower left of the stamp, the Chinese value tablet is vertically oriented in the upper right corner of the stamp, and the plum blossoms are drawn below the Chinese value tablet. Their release began on 1947-10-17. The stamps are perforated 14, and were issued without gum. Because different papers were used there are paper and size varieties for most stamps in this issue. There are numerous overprints on this stamp to reflect the currency revaluations that began in 1948

The issue may be divided into two groups. In the first group the 17 values are printed with cents and range from $150.00 to $500,000.00. There are two types of the $500.00 stamp. A further three values, $100.00, $350.00 and $700.00 were printed but not issued without overprints.

The second group with 12 values began being issued on 1948-07-23 at the peak of the inflationary period. The values range from $20,000 to $5,000,000 with the cents omitted. The Gibbons catalogue treats this second issue as the Twelfth Issue. The twelfth issue below is then treated as the thirteenth.

 On 1948-08-20 the Gold Yuan replaced the Chinese National Currency at the rate of 1 Gold Yuan for 3,000,000 CNC dollars. This gave rise to a confusing number of overprinted stamps of the previous issues. By the time the new stamps appeared on the first day of 1949 inflation was still rampant, and three versions of this stamp were soon produced in Shanghai. The stamps engraved by the Dah Tung Co. came in nine values from $1.00 to $1000.00. This was followed by a $10.00 and a $20.00 engraved value from Central Trust Since lithographed stamps could be produced more quickly, a set of 12 lithographed stamps from the Dah Tung Co. with values from $50.00 to $100,000 soon appeared as did a fourth lithographed product from the Hwa Nan Printing Press of Chongqing with eight values from $50.00 to $500,000.

In April 1949 The Gold Yuan in turn collapsed and was replaced by the Silver Yuan. This resulted in a new lithographed printing from the Hwa Nan Press in Chonqing with nine values from 1 cent 500 cents. This set was the last Sun Yat-sen stamp issued before the division of China. The Gibbons catalogue treats this second issue as the fourteenth Issue.

Dr. Sun Yat-sen  

The end of the conflict brought little respite to the Nationalist government, which continued to struggle with Communist forces. But they were able to issue commemoratives to remember President Lin Sen, who had died in 1943, to mark the October inauguration of Chiang, and to celebrate the Allied victory.

Inflation had been creating a need for ever-higher values throughout 1945, but in 1946 things went out of control; stocks of stamps, some dating back to 1931, were surcharged with values up to $2000, and a new design (still featuring a portrait of Sun Yat-sen) went up to $5000.

1947 saw a number of commemorative issues, and further inflation, a Sun Yat-sen with plum blossoms issue reaching $50,000 that year, then surpassed in 1948 with reissues topping out with a $5,000,000 stamp.

In 1948, a gold yuan standard was adopted, and an assortment of existing stamps were surcharged with values from 1/2c and up. This was a short-lived stopgap, and by early 1949 it became necessary to stamps and overprints with a range of values, again going up to $5,000,000.

On 1 May 1949, the government took a desperate step, which was to print undenominated stamps, sold at the daily rate of the yuan. They then adopted a silver yuan standard, and overprinted still more stamps as well as reissuing the Sun Yat-sen design valued in 1-500 cents. By August, the deteriorating political situation had caught up with the postal system, and the Nationalists' last issues on the mainland were two of a planned series of pictorial designs denominated in silver yuan