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January 29, 2010

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Rare postage stamps from 'cultural revolution'

RARE postage stamps from the "cultural revolution" (1966-76) will be auctioned this Sunday at the Park Lane Hotel in Hong Kong.

The stamps are the highlight of the auction of 1,800 lots from the Chinese mainland, Hong Kong and elsewhere in Asia. They can be previewed today. The auction house is Interasia Auctions.

Total estimated value is around HK$45 million (US$5.78 million), including a rare stamp from the Qing Dynasty (1644-1911).

The auction features the "Treasures of the Cultural Revolution" and includes some of the rarest and most important stamps of New China. The coveted "treasures" include the large-format "The Whole Country Is Red" and "Chairman Mao's Inscription to Japanese Worker Friends."

The stamps are expected to fetch high prices, especially as they are auctioned as a group.

"Stamps have always remained an important status in Chinese culture, similar to any other important antique. In fact, it already becomes a mini piece of art," says Jeffrey Schneider, director of Interasia Auctions.

"Whether issued or unissued, stamps of that period remind people of the time and ideology of the 'cultural revolution,' and they will be coveted at the auction," says Schneider.


Date: Today, 10am-5pm


Date: January 30-31, 9am

Venue: Park Lane Hotel, Hong Kong, 28/F, 310 Gloucester Rd

Check for more.


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