Looking For Information On This Chinese Stamp

Hi all. Can anyone can tell me anything about the following Chinese stamp please? It's part of a Stanley Gibbons album that I've had since childhood. The albums have been out of sight, out of mind for decades, and to be honest, even back then I didn't really know anything about stamps!

I'm actually having second thoughts about having listed the whole album on eBay now, and wondering whether I should have listed each stamp individually? Time is the main issue. I just don't have time to research 222 stamps. But this one in particular caught my eye, so any information or opinions you can provide on it would be appreciated. Many thanks.




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Hi Stevo - Your PRC stamp is a 1955 reprint of the 1950 issue celebrating the inauguration of The People's Republic.

Most likely a reprint with minimal value.

Sc#1L151 1950 $10,000 REPRINT
Value set circa $10 ?

Typo with "1952"

Wow such quick responses, thank you so much everyone! That's really useful to know.