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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 #NC45A-50B Scott #nl Yang #NC46-55. Price mint 360, used 295
Overprinted in black or blue
| Got | AM | Catalogue Numbers | Face | Colour/Design | Mint | Used | Sale | 
|---|---|---|---|---|---|---|---|
|   | view | SG06:NC45A,Scott03:nl,CPSM88:HB48,Yang98:NC46 | $50 | black opt. on $1 red | 50 | 40 | none | 
|   | SG06:NC45Aa,Scott03:nl,CPSM88:HB50,Yang98:NC46a |  $50 | black opt. on $1 red (imperf) |  50 |  30 | none | |
|   | SG06:NC45B,Scott03:nl,CPSM88:HB49,Yang98:NC47 |  $50 | blue opt. on $1 red |  30 |  24 | none | |
|   | SG06:NC45Ba,Scott03:nl,CPSM88:HB51,Yang98:NC47a |  $50 | blue opt. on $1 red (imperf) |  50 |  24 | none | |
|   | view | SG06:NC46A,Scott03:nl,CPSM88:HB52,Yang98:NC48 | $50 | black opt. on $2 green | 60 | 45 | none | 
|   | SG06:NC46B,Scott03:nl,CPSM88:HB53,Yang98:NC49 |  $50 | blue opt. on $2 green |  50 |  50 | none | |
|   | view | SG06:NC47A,Scott03:nl,CPSM88:HB54,Yang98:NC50 | $50 | black opt. on $5 dull purple | 50 | 40 | none | 
|   | SG06:NC47B,Scott03:nl,CPSM88:HB55,Yang98:NC51 |  $50 | blue opt. on $5 dull purple |  24 |  20 | none | |
|   | view | SG06:NC48A,Scott03:nl,CPSM88:HB56,Yang98:NC52 | $50 | black opt. on $10 pink red | 60 | 50 | none | 
|   | view | SG06:NC49A,Scott03:nl,CPSM88:HB57,Yang98:NC53 | $50 | black opt. on $40 magenta | 50 | 50 | none | 
|   | SG06:NC49B,Scott03:nl,CPSM88:HB58,Yang98:NC54 |  $50 | blue opt. on $40 magenta |  32 |  30 | none | |
|   | view | SG06:NC50A,Scott03:nl,CPSM88:HB59,Yang98:NC55 | $100 | blue opt. on $60 green grey | 90 | 70 | none | 
|   | SG06:NC50B,Scott03:nl,Yang98:nl |  $100 | black opt. on $60 green grey |  100 |  100 | none | 
