Lot 2947
China (People's Republic), 1968, 8f "Entire Nation Is Red". Workers, Peasants, Soldiers and Map of China multicoloured, an extraordinary mint never hinged single, vivid colours, outstanding centering, unmounted mint with post office fresh original white gum, Extremely Fine, A stunning example of this rarity which is seldom found in this gem never hinged condition; with 2009 China Stamp Society certificate.Scott No. 999A $20,000.
Within the first half day of its issue in Beijing, the editor of the China Atlas Press had discovered that there were geographical inaccuracies in the map (the Archipelagos of Xisha and Nanshi were omitted). The stamp was withdrawn almost immediately; however, some post offices had already sold the stamps before the official date of issue. It has also been surmised that another reason that the stamp was withdrawn was that notwithstanding its name, Taiwan is coloured white (rather than red).
Realized: $80,000