Tokyo Kawase-kaisha kin-satsu. Ryo (1869). Phoenix flying toward radiant sun. On the back: English ''promise to pay the bearer'' legend and No. 56330 in rectangular placard framed by elaborate dragon. With original collection wrapper, a piece of 19th Century pink commercial stationary from F. Perregaux & Co., Yokohama, Japan. Minor creases. Good Very Fine. (Est. $300-$400)
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