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The bold black Chinese overprint “限吉黑貼用” translates approximately as “Restricted for use in Kirin-Heilungkiang.” This was not merely a regional identification: the restriction resulted from unusual monetary conditions in northeastern China. Local banknotes had depreciated against silver currency, allowing postage stamps purchased cheaply in the region potentially to be resold elsewhere at a profit. The Chinese postal administration therefore introduced stamps specifically restricted to use within Kirin and Heilungkiang.
The series was issued on 18 March 1927. The underlying stamp is the Second Peking Printing of China\'s famous Junk definitive, first issued in this form in 1923. The central design depicts a traditional Chinese sailing junk with a city waterfront in the background.
Catalogue references:
Scott 2
Stanley Gibbons 2
Chan KH2
An interesting regional issue from Republican China combining the classic Junk design with the postal and monetary history of 1920s Manchuria.