China 1898, London Print Coiling Dragon series, featuring a 20 Chinese cents denomination in brown carmine. Printed by Waterlow & Sons Ltd. using gravure print, this issue is part of the late Qing Dynasty’s modern postal reforms. The design portrays a coiling dragon above a leaping carp, symbolizing transformation and strength, and incorporates traditional motifs such as clouds and waves. The stamp bears a Yin-Yang symbol watermark (up) and was issued with variable perforations. Valid until April 1, 1914, this definitive reflects the transitional period of imperial China's modernization efforts. Cataloged under Michel CN-IM 53, Scott CN-IM 104, Yvert et Tellier CN-IM 54, Stanley Gibbons CN-IM 114, and China Stamp Society CN-IM 119. Estimate "$120 – 145"