拍品描述： China - Foreign Colonial，KIAUCHAU: Wilhelm II, 1898-1914, 10 cents, 1909, KM-2, J-730, Deutsche Kiautschou Gebiet // Chinese inscription dà dé guó bao at center, qing dao above, a lovely mint state example! PCGS graded MS63, ex Joe Sedillot Collection. The Kiautschou Bay concession was a territory leased by the Germans in Imperial and Early Republican China, lasting from 1898 to 1914. The administrative center of the territory was located at Tsingtau. A brewery was established in 1903 by German settlers (Tsingtao Brewery Co.), and still exists today as China s most famous brewery.

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