The First Print Of Taiwan Flying Geese Stamps Of 1950

This set is in my collection for a long time. I knew they are expensive. I recently bought a new Scott and checked the value that shocked me. $13,500! $5, $10 and $20 are with different fonts of "BI"(the lower right character), which are great rarities known years ago.

Have you had them authenticated to make sure they are not forgeries?

There is no forgery in the flying geese surcharges. The basic stamp on which the surcharges were made worth about US$100,000.
Just like the Red Revenue Surcharges of 1897, the basic stamp worth a lot more than the surcharged stamps.

The government printed three lots of flying geese stamps before abruptly ending use of the stamps on Oct. 1, 1954 in response to rumors that China had gotten hold of some of the flying geese stamps bearing no face value and were printing values on them to disturb Taiwan's financial markets, Lin noted.

Those on display this year are a sheet of 200 frames from the first edition with printed values of NT$1, NT$2, NT$5, NT$10 and NT$20. A single such stamp is worth up to NT$400,000.

The original Shanghai flying geese stamps that bear no face values could be worth up to NT$2

I copy that off of a Chinese website ....that above is not my writing .

Floortrader's note "The original Shanghai flying geese stamps that bear no face values could be worth up to NT$2"
Comment: The un-overprinted basic stam is a known rarity. One example sold a couple of years ago for US$100K. Here is a copy of YU's catalog published in 1980, 36 years ago. It is priced at NT$14,000. That was a lot of money in 1980!

Here is the 2nd Printing of the Taiwan Flying Geese stamps. (compete set of 4). It is in my collection also.

The Peoples Republic of China has never made any attempt to fake this set of stamps. There are only 7 unoverprinted basic stamps known to exist. The rarity of this stamp is reflected in the recent Kelleher auction published in Linn's Stamp News, "An unissued nondenominated stamp on Taiwan in 1949....was sold for $38,500."