One of the most popular Chinese stamps-Golden monkey-T46

[gxgougou]

According to the latest news, T46-Golden Monkey Stamp become one of the most popular stamps in this year. In the auction in Hongkong, it was bidded for 5175$, and this price is unprecedented. That just shows its popularity. The following are the details about this Golden Monkey stamp-T46

Gengshen Year-Goldend Monkey-Issued in 1980

Technical Details:
Scott No: 1586
Serial number: T46
Values in set: 1
Date of issue: February 15, 1980
Denomination: 8 fen
Designer: Shao Boling
Engraver: Jiang Weijie
Size of stamps: 26*31mm
Perforation: 11.5
Sheet composition: 80(8*10)
Printing process: Engraving and photogravure
Printing House: Beijing Postage Stamp Printing Works

[rod222]

I recall this stamp being recently auctioned in Perth Western Australia
by Ace Stamp Auctions.
Reserve was $400 AUD and there were 5 postal bids
Unsure of the selling price.
rod

[philactica]

This stamp was already way above most others of this period in China but what made it jump to such a high trade value ?

Did it have a low printing figure ?

Because it was the first stamp - Year of the.. ?

Curious.

Erich
cataluas