40c on 20c Offices in China (K13). Mint N.H., attractive shade on bright paper, beautiful centering with well-balanced margins

EXTREMELY FINE GEM. A GORGEOUS MINT NEVER-HINGED EXAMPLE OF THE 40-CENT ON 20-CENT OFFICES IN CHINA.

With 2007 P.S.E. certificate (XF-Superb 95; SMQ $1,925.00). Only two have graded higher (one 95J, one 98) and only five others share this desirable grade. We last offered the 98 in 2008 (Sale 967, currently in a private collection) and this is the first example graded 95 we have offered since March 2014.

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