CAROLINE ISLANDS
![Lot 4316](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/66/664562.jpg)
Lot 4316
Opening bid
70
€
5 M. Imperial yacht watermarked, in perfect condition mint never hinged, unsigned, superb in every respect (choice copy), Michel 180.-
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!