FEDERATION
                
             
            
                        Auction 169 | Lot 10237
                    
                    Opening bid
    
    
            1.500
        €
    
                        
                        1949 - 1954, mint never hinged inventory only the good beginning valued in the stockbook, thereby also posthorn set, many multiple, including 111 / 12 (4), 113 / 15 (4), 116 (7), 117 / 20 (9), 139 / 40 (6), Heuss 50 and 60 Pfg per three, all in faultless quality, Michel approximate 12.000.-
                    
                                        
    For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!
                     
                    