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Issued sometime in August 1947, in the Shandong region of East China Liberated Areas. Listed as SG #EC96-EC98 Scott #nl Yang #EC119-22. Price mint 32, used 28
| Got | AM | Catalogue Numbers | Face | Colour/Design | Mint | Used | Sale | 
|---|---|---|---|---|---|---|---|
|   | view | SG06:EC96,Scott03:nl,Yang98:EC119 | $100 | black opt. on $1 red | 6 | 8 | none | 
|   | SG06:EC96d,Yang98:EC120 |  $100 | black opt. on $1 red (imperf pair) |  100 |  0 | none | |
|   | SG06:EC96a,Yang98:EC119a |  $100 | black opt. on $1 red (surcharge inverted) |  80 |  0 | none | |
|   | SG06:EC96b,Yang98:EC119b |  $100 | black opt. on $1 red (surcharge double) |  80 |  0 | none | |
|   | SG06:EC96c,Yang98:EC119c |  $100 | black opt. on $1 red (surcharge double, one inverted) |  100 |  0 | none | |
|   | Yang98:EC119d |  $100 | black opt. on $1 red (with & without surcharge in pair) |  150 |  0 | none | |
|   | Yang98:EC119e |  $100 | black opt. on $1 red (surcharge character 圓 sideways) |  80 |  0 | none | |
|   | view | SG06:EC97,Scott03:nl,Yang98:EC121 | $100 | red opt. on $20 indigo blue | 6 | 8 | none | 
|   | SG06:EC97a,Yang98:EC121a |  $100 | red opt. on $20 indigo blue (surcharge double) |  80 |  0 | none | |
|   | Yang98:EC121b |  $100 | red opt. on $20 indigo blue (vertical strip of 4, imperf between) |  200 |  0 | none | |
|   | view | SG06:EC98,Scott03:nl,Yang98:EC122 | $200 | black opt. on $5 red orange | 20 | 12 | none | 
|   | SG06:EC98b,Yang98:EC122a |  $200 | black opt. on $5 red orange (surcharge double) |  60 |  0 | none | |
|   | SG06:EC98a,Yang98:EC122b |  $200 | black opt. on $5 red orange (surcharge inverted) |  60 |  0 | none | |
|   | Yang98:EC122c |  $200 | black opt. on $5 red orange (surcharge with vertical columns transposed) |  80 |  0 | none | |
|   | SG06:EC98c,Yang98:EC122d |  $200 | black opt. on $5 red orange (surcharge double, one inverted) |  80 |  0 | none | |
|   | Yang98:EC122e |  $200 | black opt. on $5 red orange (horizontal pair, imperf between) |  240 |  0 | none | 
 
 
Standard picture shown, we have no picture available of set with varieties.