Lot
1749 
Kiauchau, 1905, $2½ slate & carmine, 26:17 perf holes, tied on piece by 1905 Tsingtau town cancel with registry etiquette below, rich colors and clear early upright townmark, Very Fine and choice, an exceptional usage of this rare used high value; with 1993 Steuer certificate. Scott No. 32. Michel No. 27A €6,000 ($6,690).