Description

1949 (Feb 9) Cathay Export Co., Shanghai printed envelopea little roughly opened along top by registered airmail to Hudson Shipping Co., New York bearing on reverse Sun Yat-sen 13th issue $10 in combination with Sun Yat-sen Surcharged $20 on $2 & Parcel Post Post Van strip 5 & single $200 on $3000 (SG 1153 + 1105 + 1119 respectively) tied Shanghai cds & on face matching Registered label No 3811 & on back New York (23 Feb) arrival cds …….On 19 August 1948 due to rampant inflation currency was revalued with the Gold Yuan replacing legal tender at the rate of 1 Gold Yuan = $ 3rmillion dollars & until suitable surcharges were issued old $ currency could be used at this rate in combination with Gold Yuan issues