- £125.00
China. (Communist Conquest and Post War Inflation). 1948. Registered Air Mail envelope addressed to France bearing 'Communist Conquest and Post War Inflation' SG 1022, $10,000 on 30c vermilion, SG 1023, $20,000 on 25c orange, SG 1024, $30,000 on 90c olive, SG 1028, $10,000 on $27 blue, SG 1040, $1,000,000 claret, SG 1041, $2,000,000 orange (4) and 'China Steam Navigation' SG 1044, $20,000 blue, SG 1045, $30,000 mauve, SG 1046, $40,000 brown and SG 1047, $60,000 vermilion tied by Tsingtao date stamp '19th Nov 48' with matching registration label and bilingual 'Par Avion' label. Very attractive cover from the Communist and Post War Inflation period.
Japan surrendered to the Allies in August 1945 and a race ensued between the Nationalists and Communists to seize control of the former Japanese Occupied areas until the Communist victory at the battle of Hwai-Hai in January 1949. During this period inflation increased rapidly until the introduction of the Silver Yuan in May 1949.
