As we've reported, the Inaugural sale of David Feldman's Asia office in Hong Kong offers some classic items from the very earliest stages of philatelic history, notably fantastic covers featuring a rare strip of Penny Blacks, and a Double Geneva of a highly unusual variety.

To some however it will be even more exciting to see that it features many of the most exciting items of PRC including two full sheets of the 1980 Chinese New Year Monkey, each listed at HK$1.1m (US$141,500).

Chinese Year of the Monkey sheet (HK$1.1m)

Also represented are Mei Lan Fang souvenir sheets and many early issues in full sheets. A very large offering of artist proofs of issues stamps or un-adopted designs with many from the Cultural Revolution period will go under the hammer too.

Imperial China is represented with a block of 6 of the used Large Dragon wide margin 5 candarins and the same in blocks of 4 for all 3 values. Also with a Large Dragon cover from Peking to Shanghai and several Small Dragon combination covers including combination with US Offices in Shanghai usage.

A set of seven horse and dragon stamp trials (HK$500,000)

Hong Kong is well represented by a full double pane of 120 KG6 1938 pre-war $10 value, which is the most valuable of all HK KG6 stamps. An excellent postal history collection of Japanese occupation of HK is also presented.

There is also a section of covers some with letters addressed to President Sun Yat Sen as well as a selection of documents of 1911 revolution period and the formation of the Republic of China in 1912. The sale takes place this weekend, May 14-15.