MARSHALL ISLANDS
![Lot 4854](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/57/575678.jpg)
Lot 4854
Opening bid
45
€
5 Pfg. imperial yacht, horizontal 3 he - strip from lower margin of the sheet with inscription "Marshall - islands", mint never hinged
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!