Auction #14 of China, Hong Kong, Japan and Other Asia Stamps and Postal History

Japan, 1875, Cherry Blossom, 1 sen brown, without syllabic (J.S.C.A. 39. Scott 51), position 39 showing defective cherry corner design, Ichida 1.5N, neatly cancelled, beautifully centered, scarce, Very Fine.
J.S.C.A. yen 135,000 (HK$ 10,260). Scott $700 (HK$ 5,430).
Estimate HK$ 1,500 - 3,000.