Lot 730, Hong Kong 1880 48c brown Victoria, watermarked, Fine hinged July 24, 2020January 31, 2018 by Sparks Auctions Lot 730 Hong Kong #22 1880 48c brown Queen Victoria, Watermark Crown and CC, mint with hinged original gum, fine. S.G. #31, £1,500. Scott CV U$1,600.