Issued on November 1, 1922, this stamp from the First Peking Print Surcharged Junk Issue features a red overprint adjusting the denomination to 2 Chinese cents on a base 3 cent value. Printed in greenish slate by the Chinese Bureau of Engraving and Printing (PBMF) using gravure, the stamp highlights themes of maritime commerce with the iconic image of a junk ship, underscoring the Republic of China's focus on modernization and connectivity through waterborne trade and national identity. This issue bears a line perforation of 14 and was part of a broader definitive series adapting to currency transitions. Cataloged as Michel CN-IM 182, Scott CN-IM 247, Yvert et Tellier CN-IM 179, Stanley Gibbons CN-IM 361, and China Stamp Society CN-IM 326. The present used block of four exhibits strong, legible cancellations—likely Ca Peking—with clean centering and even margins. Fine condition and an attractive multiple from a key early Republican series. Estimate "$60 – 85"