MARSHALL ISLANDS
![Lot 5433](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/64/646545.jpg)
Auction 176 | Lot 5433
Opening bid
150
€
5 Mark imperial yacht watermarked, perforation 25: 17, centerpiece and frame type I, mint never hinged outstanding quality, unsigned, photo expertize Jäschke Lantelme BPP (2020) : "in faultless, mint never hinged condition. ", Michel 240.- - undervalued - the hammer price in our 164. Auction = 220.- Euro
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!