FEDERATION
![Lot 11221](https://auktion.reinhardfischerauktionen.de/media/cache/resolve/lot_main/no-photo.jpg)
Lot 11221
Opening bid
90
€
1987 - 1997, huge cancelled inventory with thousands of stamps, chronologically organized with many amount of surtax, Michel 5.700.-
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!