China 1979 People's Republic China general issues International Stamp Fair Riccione 2y miniature sheet, SGMS2874.
A pristine unmounted mint, with full original gum, example.
Only 100,000 were originally issued. It is estimated there are only around 2,000 to 3,000 examples surviving today are in unmounted mint condition.
This attractive souvenir sheet was previously valued at £1,100 in 2015. The Chinese stamp market experienced a sharp correction between 2015 and 2020. Prices in the past two years have started to rise again.
Available at a very attractive price with most recent sale prices ranging between £500 to £550.
Under Chairman Mao, stamp collecting was banned as it was considered a bourgeois activity. Mao died on September 9, 1976.
During the Cultural Revolution under Mao, China's participation in global events was severely restricted. This miniature sheet was issued to commemorate China’s participation in the Riccione International Stamp Fair in Italy. Attendance at this event was of historical importance as an important step in China's re-engagement with philatelic exhibitions.
Philately was an important medium at this time as a means of showcasing the cultural heritage and modern accomplishments of the country.
The design was intended to highlight traditional Chinese artistry and was issued for specific distribution at the stamp fair. Because of this, distribution in China was severely limited making it a desirable and difficult miniature sheet for Chinese collectors to source.
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