The product is a 1922 China 1c denomination stamp featuring a junk ship with the old name "Peiping" for Beijing, the capital of China. The stamp is of general postage type, in orange color, and with a bullseye/sotn cancellation. This philatelic item showcases a piece of Chinese history and culture, specifically related to junk boats, and is a valuable addition to any stamp collection focusing on China or Asia.