BAVARIA
![Lot 132](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/67/673361.jpg)
Lot 132
Opening bid
220
€
9 Kr. Coat of arms brown orange, watermark "close lozenges", in perfect condition mint never hinged, superb in every respect (choice copy), twice signed Schmitt BPP, Michel 650.-
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!