FEDERATION
![Lot 7418](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/67/671418.jpg)
Auction 168 | Lot 7418
Opening bid
350
€
50 Pfg posthorn watermarked 4 Z, in perfect condition round cancelled, very scarce watermark-variety, expertized A. Schlegel BPP with photo certificate "stamp and stamp are genuine. The condition is perfect, in the for this issue normal perforation. ", Michel 1.800.-
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!