A Hong Kong auction of Chinese postal history has seen an extremely rare pairing of the $2 Dr Sun Yat Sen invert which set a new world record, becoming the most valuable Republic of China stamp ever sold at an auction.
Dr Sun Yat Sen was not only a Chinese revolutionary but also, the first president of the Republic of China. Moreover, he was instrumental in the overthrow of the Qing dynasty and is often referred to as the "Father of the Nation".
The Dr Sun Yat Sen invert is an error issued originally in the year 1941 which bears his head. The stamp is one of the rarest stamps in all of the Chinese philately, with just one sheet of 50 stamps ever issued featuring the inverted centre error. The pair comes from the collection of the renowned philatelist Huang Ming Fang and is one of only two vertical pairs known to exist.
The stamp also comes with the denomination of $2 which is also peculiar for this stamp to go rare. The pair was sold for $707,700 in the Hong Kong auction.
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