BELGIUM
![Lot 5432](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/64/640882.jpg)
Lot 5432
Opening bid
45
€
1, 25 F on 1 Mark in type IA neat cancelled, expertized Dr. Hochstädter BPP, Michel 150.-
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!