FEDERATION
![Lot 8104](https://auktion.reinhardfischerauktionen.de/media/cache/resolve/lot_main/no-photo.jpg)
Lot 8104
Opening bid
50
€
1994 - 1998: picky, often central clean round cancelled inventory of more than 500 values, as well a great many surtax series, only corner margin copies, Michel 750,-, very nice lot.
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!