FLOAT
The three values of China's 1878 Large Dragon first issue - 3-candarin, 1-candarin and 5-candarin - in a composite plate; the record Peking-Shanghai cover of 5 Oct 1878 is not pictured.

China 1878 'Large Dragon'

Maker
Imperial Maritime Customs Post, China
Year
1878
Rank
54 of 100

China 1878 'Large Dragon'

China 1878 'Large Dragon' by Imperial Maritime Customs Post, China (1878) is ranked 54 in the FLOAT 100 for Stamps. It sold for $2,417,700 on 16 June 2018. China's very first postage stamps — the foundational rarity of all Chinese philately.

What is it, and why is it in the FLOAT 100?

China's very first postage stamps — the foundational rarity of all Chinese philately.

Large Dragon 1ca/3ca/5ca candarins (SG 1-3; Chan 1-3); the record lot = cover bearing three Large Dragons, Peking to Shanghai, 5 Oct 1878 (earliest of four known covers)

What is the best-sourced number for it?

Figure
$2,417,700
Kind
Realized at auction
Date
16 June 2018

InterAsia Auctions, 16-18 June 2018: HK$18,975,000 (~$2,417,700) — most expensive Chinese philatelic item ever sold. NOTE: figure is for the earliest known COVER, not a single stamp; loose singles run in the low thousands.

This is a realized sale. Somebody paid it. Source.

How this is made

The figure
One reference price, taken from a named public source and shown with its own kind. FLOAT does not average it with anything or adjust it for time.
Realized or not
A realized price is a completed sale. A market asking price and a price-guide value are not sales, and are labeled as such wherever they appear.
Why no grade ladder
Most FLOAT 100 entries are individual objects. There is one of this, so there is no population and no spread across grades to show.
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2026-08-08