51th Auction - Day 2

China: 1923/32, ppc by air mail: reaper 30 C. pair, 50 C. and martyr 3 C. part on reverse of ppc tie
1923/32, ppc by air mail: reaper 30 C. pair, 50 C. and martyr 3 C. part on reverse of ppc tied "SHANGHAI 2.12.33" to Frankfurt/Germany, via Air France with two line violet "Par Avion Saigon-Marseille et au dela de Marseille" resp. three line red "transported by air mail / Köln AP" and "KÖLN 19.12.33", unusual ppc air mail usage with a total of $1.13 franked.
Value Add Taxes (19%) will be added to the hammer price and the buyers premium.