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Issued sometime in April 1947, in the Shanxi-Chahar-Hebei Border Area region of North China Liberated Areas. Listed as SG #NC40-4 Scott #nl Yang #NC40-5. Price mint 520, used 1240
| Got | AM | Catalogue Numbers | Face | Colour/Design | Mint | Used | Sale | 
|---|---|---|---|---|---|---|---|
|   | view | SG06:NC40,Scott03:nl,Yang98:NC40 | $50 | black opt. on $4 red | 400 | 400 | none | 
|   | view | SG06:NC41,Scott03:nl,Yang98:NC41 | $100 | blue opt. on $1 red brown (white paper) | 60 | 60 | none | 
|   | view | SG06:NC42,Scott03:nl,Yang98:NC42 | $100 | red opt. on $2 olive green | 0 | 300 | none | 
|   | SG06:NC42A,Scott03:nl,Yang98:nl |  $100 | black opt. on $2 olive green |  0 |  300 | none | |
|   | view | SG06:NC43,Scott03:nl,Yang98:NC43 | $100 | black opt. on $4 red | 60 | 60 | none | 
|   | SG06:NC43a,Scott03:nl,Yang98:NC44 |  $100 | blue opt. on $4 red |  60 |  60 | none | |
|   | SG06:nl,Scott03:nl,Yang98:NC44a |  $100 | blue opt. on $4 red (surcharge double) |  120 |  0 | none | |
|   | SG06:nl,Scott03:nl,Yang98:NC44b |  $100 | blue opt. on $4 red (pair with one surcharge sideways) |  300 |  0 | none | |
|   | SG06:nl,Scott03:nl,Yang98:NC44c |  $100 | black opt. on $4 red (vertical pair with one surcharged $50) |  800 |  0 | none | |
|   | view | SG06:NC44,Scott03:nl,Yang98:NC45 | $100 | black opt. on $12 yellow | 0 | 400 | none | 
 
 
Standard picture shown, we have no picture available of set with varieties.