Issued on April 1, 1904, this 4 cent postage-due stamp from the Coiling Dragon series was repurposed from earlier definitive issues through the addition of a distinctive overprint, marking it for use in collecting unpaid postage. Designed and printed by Waterlow & Sons Ltd. in London, it features a detailed coiled dragon motif—a powerful emblem of imperial China, symbolizing authority and auspicious strength. Executed in brown using gravure printing, the stamp was released without watermark and bears perforations of varying types due to manual processes at the time. A total of only 155,360 stamps were issued, contributing to its rarity among Qing dynasty postal ephemera. It is cataloged as Michel CN-IM P4, Scott CN-IM J4, Yvert et Tellier CN-IM T4, Stanley Gibbons CN-IM D140, and China Stamp Society CN-IM PD4. Condition Mint hinged (MH) with fresh color and well-centered margins, a well-preserved example of this uncommon transitional postage-due issue. Estimate "$80 – 110"