Definitive  064 Shanghai Print Flying Geese Basic Stamps (1949)

　　Beginning in April 1949, as a result of the serious depreciation of the Gold Yuan notes, silver dollars gradually found their way into the market of several provinces as the basis of payment in business transactions in a way that led to the possibility of reverting to the silver dollar basis. On May 13 of the same year postal rates were quoted on silver dollar basis. At the same time basic stamps were issued and sold at the basic postage rates against the silver dollar where such was in use, or sold at converted rates for Gold Yuan notes in places where Gold Yuan notes were still in circulation.

　　The design shows two wild geese flying over the globe symbolic of converyance of mail around the glode. The stamps were printed by the Shanghai Printing Press ofthe Dah Tung Book Co. in flat process and gradually issued to various districts. On the eve of the fall of Shanghai the stamps of $1, $2, $5, and $10 denominations had already been sent out of Shanghai. Besides, the 10￠, 16￠(San I Print not yet perforated), 50￠, $20 and $50 denominations had not yet been issued.